Have you ever considered how much of your life disappears simply getting from one place to another? For many Australians, commuting has become such an accepted part of everyday life that we rarely stop to calculate its true cost. Someone travelling 45 minutes each way to work spends around 345 hours commuting over a typical…
Every so often, a housing market forecast comes along that deserves a second look. Not because it is necessarily wrong, but because the comparison being made is rather extraordinary. Last weekend, I read commentary suggesting Australia could be facing its worst housing downturn since the Great Depression. Really? Take a beat. I have spent much…
The property market is confused, with the finger of blame pointed straight at the Reserve Bank. Investors and owners are asking why the RBA won’t cut interest rates, and why the Bank is even thinking of raising borrowing costs while housing prices continue to fall. The answer is that the RBA is not concerned about…
Sydney home values fell another 1.6% in October, the eighth consecutive monthly decline, and the city now holds an uncomfortable title: the largest fall from peak of any capital. Values are 10.1% below their February 2026 high, and the annual change has slid to -9.4%. Perhaps more telling is the five-year view. Sydney values are…
Australia’s rental markets are tightening again, even though October’s asking rents offered tenants a little breathing space in several capitals. Meanwhile, another interest rate increase is adding to household pressures, with the Reserve Bank warning that inflation will take longer to return to target. Yet the weekend’s auction results were reasonably steady, and Melbourne once…
Australia’s housing downturn has picked up speed. National home values fell another 1.2% in October, the seventh consecutive monthly decline, leaving Cotality’s national index 6.7% below its March peak. In dollar terms, roughly $63,000 has been shaved off the value of the average Australian home in a little over half a year. What makes this…
Imagine putting your home on the market, rejecting an offer because you believe it’s worth more, and then discovering a few weeks later that you’re effectively prevented from advertising it at the lower price that you’re now prepared to accept. It sounds ridiculous, doesn’t it? Yet that’s precisely the situation some NSW property sellers could…
Imagine being told that an area has a housing shortage, the vacancy rate is low, a new train line is coming, and the property you’re looking at is below market value. They sound reassuring, which is exactly why they work so well. Over the years I’ve watched many hardworking Australians hand over their deposits on…
Australia’s property markets are continuing to adjust to higher interest rates, with the latest figures showing falling property prices, subdued auction activity and a growing number of properties available for sale. And with the Reserve Bank lifting the cash rate to 4.85% last week, its fifth increase this year, the pressure on borrowing capacity and…
At the start of this year the cheapest homes in our capital cities were the stars of the property market, outpacing their more expensive neighbours almost everywhere you looked. Then the May Budget landed, and within a few months that advantage had disappeared. A new analysis by Ray White chief economist Nerida Conisbee shows just…
