If you’ve ever tried to make sense of the property market, you’ve likely found yourself staring at median house prices. It’s the statistic splashed across every news outlet, property report, and conversation around real estate. But while median prices are easy to grasp, they often fail to tell us what’s really happening on the ground,…
Look what’s happened to property prices!
Knowing what you know now, who wouldn’t have liked to buy their parent’s house for what your parents paid years ago?
What’s the outlook for the Australian property markets for 2025? Is this the beginning of a housing market downturn? Are property price falls likely to continue? When will interest rates start coming down now that inflation is coming under control? Will affordability issues cause a round of distressed sales and price falls or even a…
National dwelling values were steady in January (-0.03%) with the headline result weighed down by the capital cities, where values fell 0.2%. Dwelling values across the combined regional areas of Australia rose a further 0.4% in January, reaching new record highs. Three of the eight capitals recorded a decline in home values in January, with…
National home prices have commenced 2025 lower, with most capitals recording monthly falls for houses although results for units were more positive overall. The national capital city median house price declined by 0.2% to $1,162,091 over the January quarter compared to the December quarter results, according to the latest data from My Housing Market. The…
If you want to understand what’s happening in our housing markets around Australia, Domain has just released its latest house price report. The report revealed that annual property price increases have slowed to their lowest levels since September 2023, as changing market conditions are expected to reshape the market as we head into the new year and autumn…
The Australian property market has transformed dramatically over the past five decades. While house price growth has fueled wealth for some, it’s left others grappling with skyrocketing costs and an increasingly elusive dream of homeownership. According to new analysis from Money.com.au, house prices in Australia’s capital cities have surged by 3,435% in just 50 years,…
The cost of building a new house in Australia has surged over the past few years as supply and trade shortages continue to weigh on the market. And at the same time, the construction industry has seen a surge in insolvencies as rising labour costs, extreme weather, high material costs and shortages and global supply…
Not a lot of commentary on this post. Thank goddess I can hear many of you say. Below is a table showing how much we earn by household and also as a median figure by state and territory. When it comes to how much a household earns per annum, some 59% (for Australia) comes from…
Australian home sellers continue to see rising rates of profitability and dollar value returns despite slowing market conditions, declining capital growth and lower clearance rates. CoreLogic’s latest Pain & Gain report (September Quarter 2024) analysed 95,000 resales over the period, showing the median nominal gain reached a series high of $295,000 since the series started in…