National house prices have continued to record strong results over November although growth rates in most capitals have eased marginally compared to the previous month’s robust results. The national capital city median house price again increased sharply by 0.7% over the November quarter compared to the October quarter – rising to $1,085,389, according to the…
![The Rate Debate considering the RBA’s raft of failures | Property Insiders [Video]](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/05/AdobeStock_141193813-270x200.jpeg)
In this week’s Property Insider chat with Dr Andrew Wilson, I explore a topic that’s on the mind of every property investor, homeowner, and economic enthusiast: the role of the Reserve Bank of Australia in our dynamic property market. In recent times, we’ve seen the RBA take bold steps, but are these moves truly hitting…
Today I’d like to offer a list of simple strategies that can help Australians improve their financial fitness. If done properly, this includes assessing all aspects of personal finances, including strategies to boost retirement investments, such as including property and super, savings, a review of insurance policies, staying ahead of tax obligations and making an…
Australia’s housing market continues to defy expectations! Despite 13 interest rate increases from the Reserve Bank of Australia, which have seen official rates rise by 4.25 per cent over the 18 months, property prices have now been on the rise since early 2023. With the pipeline of new listings now diminishing as the year ends…
Australians make up 47 of the world’s richest people, according to Forbes’ latest list of 2558 billionaires. Who is the richest person in Australia? Mining magnate Gina Rinehart has once again achieved the title of Australia’s richest person, with a net wealth of $26.5 billion so see her sits in 57th place on the world’s…
Capital city weekend auction markets have ended spring in the usual fashion with surging listings placing downward pressure on clearance rates. Auction results around Australia, Saturday November 25th 2023: Capital City This Week Last Weekend Auctions Rate Auctions Rate Sydney 914 68.3% 875 67.2% Melbourne 1019 62.3% 1160 64.5% Brisbane 102 44.3% 75 55.6% Adelaide…
Australian dwelling values have regained the losses from the recent downturn and surpassed their previous peak to reach a new record high, CoreLogic’s national daily Home Value Index shows. After reaching a peak in April 2022, national home values fell -7.5%, finding a floor on 29 January 2023. Since bottoming out, the national HVI has…
Does the stress of renting really make you feel older? Well, according to a new study by Australian researchers that looked at the stress of renting in British adults, people who rent their home as opposed to owning outright age faster than those experiencing unemployment or who’ve previously smoked. The study found that renting stress,…
After recording stronger growth and milder declines through the recent cycles, a new analysis of Australia’s regional housing markets shows many areas have lagged their capital city counterparts over the past year. CoreLogic’s refreshed Quarterly Regional Market Update, which now analyses value and rent changes across the country’s largest 50 non-capital Significant Urban Areas (SUAs),…
![Adelaide housing market update [video] | November 2023](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/adelaide-270x200.jpg)
CoreLogic’s National Home Value Index rose a further 0.9% in October, accelerating from a 0.7% rise in September. Since finding a trough in January, the National Home Value Index has increased by 7.6%, leaving the index only 0.5% below its historic high recorded in April of last year. At this rate of growth, we’re likely…
