National home prices rose 0.4% in June, pushing values to a record high, according to the latest PropTrack Home Price Index. As interest rates have fallen, price momentum has strengthened and extended across the country, with all markets recording gains in June. Ms Eleanor Creagh, Senior Economist at PropTrack commented: “Capital city markets are leading the upturn,…
Every time housing affordability hits the headlines—as it has again this year with surging rents and limited supply—someone inevitably points the finger at property investors. And lately, there’s been a particular focus on short-term rentals, like those listed on Airbnb, Stayz and other holiday letting platforms. It’s a neat narrative: investors are allegedly hoarding homes…
What’s really happening with property prices right now? Every month, investors, homeowners, and would-be buyers turn to the latest median property price data, hoping to make sense of what’s happening in our housing markets. And while the numbers give us important clues, they don’t tell the full story. Australia’s property markets are being pulled in…
Did you know that for the first 15 years of your mortgage, you’re working mostly for the taxman, not your future wealth? It’s a startling claim, but one backed by data from the Housing Industry Association — and it sheds new light on why housing affordability is getting worse, not better. Today, I’m joined by…
Australian housing values rose by 0.6% in June, marking a fifth straight month of growth following the -0.3% dip seen between November and January. Monthly gains were recorded across almost every broad region of Australia, with Hobart (-0.2%), the only capital city or rest-of-state region to see a month-on-month fall. The June quarter saw national…
Let me let you in on a little secret… Most property buyers think negotiation is just about haggling over price. But as someone who’s been in the property game for decades, I can tell you—it’s not even close. There’s so much more to the negotiation process than meets the eye. In fact, there are layers…
If you’ve been following the Australian property market over the years, you’ll know that once upon a time, a $1 million price tag on a house was a badge of exclusivity. It meant prestige, prime location, and a level of luxury that few could attain. But today that price point has become surprisingly common across…
It’s been nearly 12 years since I wrote this blog about the age pension and when it might be changed or abolished. A lot has happened since that time, and we are now in 2025, just a year before the first of the big changes mentioned in that article. The headline was a bit of an…
National home prices have surged over June, reflecting the significant impact of RBA interest rate cuts in February and May on affordability and market confidence. The national capital city median house price was up strongly by 1.0% over the June quarter to $1,198,912 compared to the May quarter, according to the latest data from My…
For decades, Sydney and Melbourne have dominated the conversation when it comes to property investment in Australia. They’ve been the go-to markets for capital growth, perceived as safe, stable, and predictably lucrative. But the Australian Property Institute (API) has just released its inaugural Valuation Report, and it turns that long-held belief on its head. This…