Over the past month leading up to November 12, 2024, rental prices across Australia’s capital city asking rents displayed varied trends, according to SQM Research’s Weekly Rents Index. In Sydney, combined rents decreased by 0.1% to $836.98, indicating that the rental market remains relatively stable. Melbourne combined rents fell by 0.2% to $627.09, hinting at…
Nationally, the asking prices for houses and units reflect contrasting trends. House prices have risen by 0.9%, while unit prices have slightly declined by 0.5%, resulting in a modest overall increase of 0.7%. Across all capital cities, the average asking price recorded a 0.9% increase, with house prices up by 1.3% and unit prices dramatically…
Australian capital city dwelling prices will commence a recovery in 2023 as a result of a pause in the rise of interest rates we can expect to occur by no later than June 2023. The cash rate is tipped to rise to no higher than 4.00% and from that point, stay on hold for the…
SQM Research released a report into the likely housing market effects of The Labor Party’s proposal to change negative gearing, taking into account current housing market conditions. This research is an update on our initial paper released in June 2016 – a time when the housing market was in a considerably stronger state than the current…
