While house price markets have remained flat over the month of January, capital city rental markets tightened with higher rents and lower vacancy rates. In today’s Property Insider chat I discuss the latest My Housing Market rental report with Dr. Andrew Wilson, as well as talking about the upcoming RBA interest rate decision, what’s happening…
As we kick off 2025, the Australian property market presents a complex landscape of opportunities and challenges. According to the latest CoreLogic Home Value Index, house prices are showing signs of stabilisation after the a strong performance last year. With interest rates likely to fall next week, there is a sense of cautious optimism among…
In the current economic climate, these rate cuts should go a long way in boosting consumer confidence, signalling an end to the recent battle Based on previous periods of rate reductions, CoreLogic estimates that national dwelling values would increase an average of 6.1% for each 1 percentage point decline in the cash rate- but Australia…
The 2025 home auction season continued this week with more generally positive results, particularly in Melbourne and Sydney, with a surge in listings over the past week now tracking well above the same week last year. This weekend’s auction results around Australia: Capital City This Week Last Week Saturday Last Year Auctions Rate Auctions Rate…
The year 2025 marks the beginning of a new generation, in Generation Beta. Simply put, Generation Beta is defined as those born between 2025 and 2039. Generation Beta will be born from 2025 to 2039 By 2035 they will make up 16% of the global population They will be the children of younger Gen Ys…
Nationally, house prices increased by 0.8%, while unit prices declined by 0.4%, resulting in a combined increase of 0.7%. Among capital cities, the average asking price fell by 0.7%, with houses declining by 0.8% and units remaining unchanged. Sydney’s market saw stability overall, with house prices falling by 0.2% while unit prices increased by 0.8%,…
Is Australia on track to meet its housing goals? Well, the latest data says…not quite. According to the latest PropTrack New Homes Report (January 2025), while there’s been some progress, we’re still falling short of the ambitious 1.2 million new homes target set under the National Housing Accord. Karen Dellow, Senior Data Analyst at PropTrack, …
National dwelling values were steady in January (-0.03%) with the headline result weighed down by the capital cities, where values fell 0.2%. Dwelling values across the combined regional areas of Australia rose a further 0.4% in January, reaching new record highs. Three of the eight capitals recorded a decline in home values in January, with…
National home prices fell 0.08% in January, though remain 3.82% higher year-on-year according to the latest PropTrack Home Price Index. Capital cities led the decline in prices, falling 0.16% in January. In contrast, regional areas recorded a 0.12% rise in prices over the month. Ms Eleanor Creagh, Senior Economist at PropTrack explained: “While housing demand remained resilient…
National dwelling values were steady in January (-0.03%) with the headline result weighed down by the capital cities, where values fell 0.2%. Dwelling values across the combined regional areas of Australia rose a further 0.4% in January, reaching new record highs. Three of the eight capitals recorded a decline in home values in January, with…