Are you interested to know where Australia’s richest people live? And I’m not talking millionaires, but centi-millionaires, in other words, individuals with liquid investable wealth of +US$100 million (around A$144 million). According to a new report by Henley & Partners, using data from global wealth intelligence firm New World Wealth, there are currently 29,350 centi-millionaires…
The allure of Australian real estate continues to captivate international buyers, with property searches from overseas increasing slightly compared to the same time last year. While the overall numbers have grown, interest from individual countries has shown some fluctuation, reflecting global economic conditions, political developments, and seasonal trends. Let’s take a closer look at the…
What made 2024 a standout year for Australia’s property market? Well, in 2024, it proved once again that resilience and adaptability are the market’s defining traits. After grappling with the effects of rising interest rates and economic uncertainty, the year saw buyers and sellers return to the market, with property prices stabilizing and new trends…
2024 was an extraordinary year for Australia’s property market! While housing prices have kept climbing in most parts of the country, the pace has shifted gears. Poor affordability, higher interest rates, and a surge in the number of homes for sale have all conspired to slow price growth. Meanwhile, the rental market is showing signs…
Australia’s property market landscape is evolving, and Queensland is rising fast as a key player. Traditionally, New South Wales has held the top spot for property investors, with Victoria coming in second. However, recent data suggests a shift is happening, and Queensland is now on the verge of overtaking Victoria to claim the number two…
While many locations around Australia have enjoyed strong capital growth over the last year, the luxury end of the market has been a little quiet, but that’s not unusual at times of economic uncertainty. If you think about it, you don’t need a new $20 million luxury home when you’re $15 million home suits you…
If you’re considering investing in Brisbane’s property market but don’t know where to start or the best locations to look into, this blog will help. You see, after Sydney and Melbourne, Brisbane is clearly Australia’s third-biggest property market. And it’s no secret that Brisbane was one of the strongest property markets during the boom of…
The Australian property market is buzzing with activity in unexpected places, as buyers shift their focus to suburbs that promise a blend of lifestyle and affordability. While interest rates and affordability dominate national conversations, certain “golden suburbs” are emerging as hotspots, drawing attention for their family-friendly amenities, access to green spaces, and proximity to infrastructure….
Australia is one of the hottest ‘education destinations’ in the world – in fact, we are ranked third with one in five of our tertiary students coming from overseas, according to the Australian Bureau of Statistics. This coupled with an overall increase in the number of places being offered by universities is resulting in greater…
As we close the chapter on 2024, it’s clear that Australia’s property market has showcased remarkable resilience amid economic uncertainty. Despite ongoing challenges like rising living costs, affordability pressures, and stubbornly high interest rates, the property markets have defied expectations. Domain’s 2024 End-of-Year Wrap and 2025 Outlook provides an in-depth look at the forces shaping…