Western Australia has once again claimed the top spot in the latest CommSec State of the States report, leading the nation’s economic performance rankings for a fourth consecutive quarter. South Australia also began 2025 with a bang, climbing from fourth to second, driven by solid gains across several key indicators. The State of the States…
House prices continue to rise with all capitals reporting increases over July compared to the previous month, with annual price growth surging. The national capital city median house price was up by 0.7% over the July quarter to $1,208,603 compared to the June quarter, according to the latest data from My Housing Market. The July…
Australia’s inflation is back in the RBA’s target band, and that’s not just good news for borrowers, it’s potentially the trigger the Reserve Bank needs to pull the lever on another cash rate cut in August. According to Canstar, “Trimmed mean inflation is back into the RBA’s target band for the second quarter in a…
Auction clearance rates are soaring. Building costs are rising. Regional markets are booming. If you’re a property investor wondering whether Australia’s real estate market has turned a corner, My Housing Market’s latest update confirms what many of us have been sensing on the ground: confidence is returning – and with it, momentum. In this week’s…
Auction clearance rates are surging, buyer activity is heating up even in the middle of winter – all signs that our markets are gathering momentum. One of the best indicators of future property prices is auction market clearance rates, and over the weekend, we had the highest preliminary clearance rate in a year, showing the…
Imagine waking up every day for the past five years and discovering your home just earned you over $1,000 in the last 24 hours. For homeowners in nearly 20 Australian suburbs, that wasn’t fantasy; it was reality. Recent data from PropTrack has highlighted an astonishing trend: nearly 200 suburbs across the country saw median home…
Where is the Australian property market heading? With so much noise and confusion in the media, it’s hard to make sense of what’s really happening. Every week, headlines scream conflicting messages — some warn of falling house prices, others claim we’re in the midst of another boom. But savvy investors know the truth lies not…
New analysis from Cotality reveals that families are paying up to $1.3 million more for houses inside sought-after public school catchments in Sydney and Melbourne , but that does not always equate to stronger capital growth. Using a new custom boundary analysis, Cotality compared property values inside popular public high school catchments with comparable homes…
By now, you’ve probably noticed the resurgence in our property markets. Headlines are shifting from fear to FOMO again, and once more we’re hearing bold predictions from both extremes, the eternal optimists touting the tired “property doubles every seven years” mantra and the perennial bears warning of a crash. The reality, as always, lies somewhere…
Capital city home auction markets have ended July with soaring clearance rates now approaching boomtime conditions. This weekend’s auction results around Australia: Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 642 77.4% 515 75.7% 721 74.2% Melbourne 752 78.1% 652 76.4% 870 65.0% Brisbane 177 61.4%…
