Melbourne is continuing to record relatively soft but positive growth conditions, with home values up 0.3% in November. This was the lowest monthly rise of any capital city, contributing to a subtle slowdown in the national growth rate. While local housing values have been rising since February, they remain 0.9% below the record high set…
The Australian home value index rose another 1.0% in November, marking the third consecutive month where national home values have increased by 1% or more. However, the pace of growth eased slightly over the month, coming down from 1.1% in October. This subtle slowdown was primarily driven by a deceleration in Australia’s two largest cities….
If you listened only to the headlines this week, you’d be forgiven for thinking Australia’s property market is on shaky ground. Interest rates are described as restrictive, affordability pressures dominate the commentary, and buyers are often portrayed as hesitant or exhausted. But when you look past the noise and focus on the data, a very…
It’s the end of another year, and while many Australians were hoping for some Christmas cheer from the Reserve Bank, there will was no interest rate relief under the tree this festive season. The RBA has made it clear that interest rates are staying higher for longer. But that doesn’t mean homeowners are completely out…
Auction markets continue to deliver robust results as year-end approaches, with solid clearance rates despite high auction volumes. This weekend’s auction results around Australia: Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 1113 64.4% 1304 66.8% 979 61.7% Melbourne 1421 66.6% 1560 66.1% 1190 63.7% Brisbane…
Capital city unit rents generally increased over November with house rents steady overall compared to the previous month. Most capitals continued to report stable house rents over the month with Canberra and Brisbane higher by 0.9% and 0.7% respectively. Hobart house rents fell by 1.3% with Darwin down sharply by 3.6%. Sydney continued to report…
The decision to keep rates on hold was widely expected, but what does it mean for housing trends? The Reserve Bank of Australia held the cash rate at 3.60% at its final meeting of 2025. The decision came after core inflation trended above the target range, reaching 3.3% over the 12 months to October. Recent…
Every so often a single statistic captures the mood of the market far better than any forecast or headline. And the following is a good example of this month, it’s this one: One in ten homes sold in October was purchased using the federal government’s 5% Deposit Scheme, according to an article in realestate.com.au That’s…
After watching the property market evolve over a number of decades, I’ve learned that the biggest shifts often happen quietly, long before they show up in median price charts or in the headlines. We talk endlessly about interest rates, supply shortages, migration surges and rental pressures. But there’s another structural force now shaping values in…
After two challenging years of high borrowing costs and fragile confidence, 2025 opened with a long-awaited turning point: the first interest rate cut in more than four years. It was the moment homebuyers, investors, and even weary mortgage holders hoped would turn the tide. And in many ways, it did, because it was more than…
