Cotality’s national Home Value Index (HVI) dropped 0.4% in June, marking the largest month-on-month fall since December 2022. A 1.2% decline in Sydney home values served as the most significant drag on the headline result. Melbourne followed closely with a 1.0% decline, while ACT values fell 0.6%. The mid-sized capitals recorded a sharp slowdown in…
Cotality’s latest Pain & Gain report analysed almost 101,000 resales in Q1, finding 96.0% of residential property resales delivered a nominal profit over the quarter, up slightly from 95.9% in December and the strongest result since 2005. The median gain increased to a record $377,000, while the median loss remained unchanged at $45,000. Despite signs of…
With so much noise in the media, it’s easy to miss some of the key developments that could have a significant impact on property owners, investors and aspiring home buyers. Over the past week, three major stories have emerged that deserve attention. More importantly, they provide valuable clues about where the property market may be…
Pauline Hanson’s National Press Club address last week reminded us she doesn’t like multiculturalism, she sees immigration as responsible for most of the country’s problems, and she regards the values of some immigrants as inimical to a predominantly “Judeo-Christian society”. She called for “monoculturalism” to replace “multiculturalism”. These kinds of views are not new for…
After several years of strong price growth across much of Australia, Domain’s latest FY27 Housing Market Forecast suggests the property market is entering a very different phase. The report highlights that Australia’s housing market has entered a more complex phase. Three rate hikes in the first half of 2026 have changed the landscape, and the…
Australians have become much more gloomy about the economy and increasingly worried about the irresponsible behaviour of the United States in the past year, according to the Lowy Institute’s 2026 poll. The poll also shows a big decline in support for cultural diversity over the past two years, albeit from a very high level. Almost…
There’s a lot of noise in the property market right now isn’t there? Depending on who you listen to, we’re either heading for a property boom or staring down the barrel of a housing market collapse. Social media is flooded with opinions, economists are debating the impact of government policy, and buyers and investors are…
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate in…
As widely expected, the Reserve Bank of Australia has held the cash rate today at 4.35% at its June meeting. But in a move that was less expected, it explicitly signalled that further hikes remain on the table. The final sentence of the media release added the clause “including increasing the cash rate target further if…
Australia’s population just ticked past 28 million people, and the timing tells you everything you need to know about the forces driving our property market. Back in 2003, the ABS published its official population projections and forecast that Australia would reach 26.4 million people by the year 2051 – assuming net overseas migration of around…
