Australia’s capital-city rental markets are showing clearer signs of cooling, but renters are still facing tough competition, according to Domain’s latest Rent Report for the March 2025 quarter. While rents continue to rise in many areas, house rental price growth across the combined capitals has now plateaued for three straight quarters, marking the slowest annual…
Nationally, house prices increased by 0.8%, while unit prices increased by 0.7%, resulting in a combined increase of 0.8%. Among capital cities, the average asking price rose by 0.6%, with houses increasing by 0.5% and by 0.9%. Sydney’s market saw house prices rising by 0.9% and unit prices increase by 0.4%, leading to an increase…
As we head towards the next federal election, a major shift is underway. And it’s being driven by a generation increasingly shut out of home ownership. For young Australians, housing affordability is no longer just a personal struggle, it’s become a political deal-breaker. A recent survey by Money.com.au uncovered something that seasoned political analysts might…
There’s no sugar-coating it—Australia is facing a housing crisis. It’s not just a headline or a political soundbite. It’s a daily reality for buyers, renters, builders, and yes, investors too. Our population is growing rapidly, but our housing stock simply isn’t keeping up. Demand continues to outpace supply, affordability is under pressure, and our building…
Australian property values reached new heights in March, reversing a recent short downward trend, according to CoreLogic’s national Home Value Index. Values increased 0.4% over the month, the second consecutive month of growth in the national index, following a short three-month decline where values dipped 0.5%. Improved sentiment following the February rate cut is likely…
Home prices across the country climbed in March, following a clear shift in market momentum triggered by the Reserve Bank’s February rate cut according to the latest PropTrack Home Price Index. February’s rate cut boosted borrowing capacities and buyer confidence, helping to reignite demand and reverse the small price declines seen in the months prior. Ms Eleanor…
As expected, the RBA is taking a cautious approach, holding the cash rate firm at 4.1% in April, despite inflationary pressures easing into the target range and labour markets showing a softer outcome in February. The monthly CPI update for February shows core inflation has been tracking inside the RBA’s 2-3% target since December. At…
Australian property values reached new heights in March, reversing a recent downward trend, according to CoreLogic’s national Home Value Index. Values increased 0.4% over the month, the second consecutive month of growth in the national index, following a short three-month decline where values dipped 0.5%. City Month Quarter Annual Total return Median value Sydney 0.3%…
Why are we blaming international students for Australia’s housing crisis? In recent years, as housing affordability has worsened across Australia, international students have been thrust into the spotlight as a scapegoat. It’s an argument that’s tempting in its simplicity: more students mean more demand, which pushes up rents. But the reality? It’s a lot more…
National house prices surged over March following the February RBA interest rate cut with housing market activity rising sharply as 2025 unfolds. According to the latest data from My Housing Market, the national capital city median house price increased by 1.0% to $1,170,731 in the March quarter compared to the February quarter. The March increase…