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Auction clearance results April 13th – More Positive Auction Results Despite School Holiday Distractions
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Weekend auction markets have reported more solid to strong results generally despite the distractions of school holidays now underway in all capitals. Auction results around Australia, Saturday April 13th 2024: Capital City This Saturday Last Saturday Auctions Rate Auctions Rate Sydney 750 71.8% 908 72.1% Melbourne 788 65.7% 707 65.9% Brisbane 67 61.3% 86 57.8%…

Australians now face all-time high rents, expert anticipates turning point ahead | Latest Domain Rent Report
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Australia’s rental market experienced a reacceleration of rental growth over the first quarter of 2024, leading to record-high asking rents, Domain’s latest Rent Report March Quarter 2024 reveals. According to Domain, while Australia’s perilous rental market appears entrenched in a never-ending run of rent rises, a tipping point is still likely to be reached in…

Everything you need to know about the state of Australia’s property markets in 20 charts – April 2024
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Want to know what’s happening to the housing markets around Australia? Well… this monthly collection of charts from CoreLogic paints an interesting picture. National home values rose 1.6% in the March quarter, the largest quarterly increase since the three months to November (1.9%). The shortage of dwelling both for sale and for rent, at a…

This week’s Australian Property Market Update – Latest Data, State by State April 9th 2024
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April is a holiday month with Easter, school holidays and Anzac Day interrupting our housing markets. However, last weekend’s auction results confirmed the strength and the depth of our property markets – the preliminary combined capitals clearance rate recorded a solid bounce rising to 75.9% from 71.1% the previous week. This preliminary auction clearance rate…

The latest median property prices in Australia’s major cities
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Australia’s housing upswing continued through March with the national Home Value Index rising 0.6%,  taking the current upswing in housing values through its 14th straight month of growth. Beneath this headline result, our housing markets have been fragmented with diverse performance around the country. While every capital city except Darwin (-0.2%) recorded a rise in…

Latest Asking Prices State by State | March Total Housing Listings rise by 6.9%
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March recorded a 6.9% increase in nationwide residential property listings, according to the latest data from SQM Research. The total listings now stand at 256,000 properties, an increase from the 239,459 recorded in February 2024. Notably, all major cities experienced an increase in their listings. Over the course of a 12-month period, there are 2.6%…

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