Australia’s capital city property markets rarely move together for long. One city surges ahead, another loses momentum and the price gaps that once looked permanent eventually begin to close. We have seen this pattern repeatedly, although every cycle arrives with a fresh explanation for why this time may be different. Melbourne is currently trading at…
“All things are difficult before they are easy.” – Thomas Fuller The path towards success is like climbing a never-ending flight of stairs. Each step is another obstacle to overcome. Each step is another mistake to learn from. With each step, another closed door opened. It requires a warrior mindset. When you have a warrior…
Melbourne property investors have endured almost a decade of disappointing growth, and the usual explanation is taxes, debt and government policy. But what if the biggest cause was the extraordinary 20-year boom that came before it? By the end of this episode, you’ll understand exactly why Melbourne has underperformed for the best part of a…
Australia’s property markets are continuing to lose momentum, with falling dwelling values, subdued auction activity and longer selling times confirming that buyers are becoming increasingly cautious. To help keep you up-to-date with all that’s happening, below is my updated weekly analysis of data and charts as of 19th October 2026, provided by SQM Research, Cotality,…
For the last few years, Melbourne has been the forgotten child of Australia’s property market. While Brisbane, Perth and Adelaide enjoyed extraordinary price growth, Melbourne seemed stuck in neutral. Investors looked elsewhere, headlines focused on the city’s higher taxes and weaker short-term performance, and many concluded that Melbourne had simply lost its shine. I believe…
Over the past month, the Labor government, the Coalition and One Nation have all announced new migration policies. Although they differ in some respects they have one feature in common: a focus on net overseas migration (NOM). If the parties were pursuing evidence-based plans, they would model what level of migration is in the national…
Australia’s housing pipeline is changing shape. Detached-house approvals are holding up, but apartment and townhouse approvals have fallen sharply. Student-visa reforms may slow household formation around universities. Brisbane, meanwhile, has increased planning capacity for smaller lots and medium-density housing. The common thread is composition. Headline population, migration and approval totals reveal less than where households…
There is no doubt that our housing markets are facing challenges from all directions, but clearly they have remained more resilient than the property pessimists had predicted. To better understand what’s happening, this monthly collection of charts from Cotality paints an interesting picture. According to Cotality, Australia’s spring property market has failed to gain its usual…
Australia’s housing shortage is already serious, construction costs remain elevated, finance is expensive and too many proposed developments struggle to stack up financially. Now the Federal Government’s proposed changes to the taxation of discretionary trusts are creating another potential obstacle for the small and medium-sized developers responsible for delivering much of Australia’s new housing. New…
Adelaide spent most of this cycle as the market that refused to break. That ended decisively in September. Values fell 1.3%, the fourth consecutive monthly decline, and 94% of Adelaide suburbs recorded a drop over the September quarter. The speed of the turn is what stands out. Adelaide set a record high in May this…
