Imagine a system where building a townhouse feels like playing a game of snakes and ladders—except the snakes are endless paperwork, delays, and appeals. That’s what Victoria’s planning process has been like for developers. But the state government just rolled out a new rulebook to shake things up. Premier Jacinta Allan and Planning Minister Sonya…
Australia’s regional housing markets have continued to demonstrate resilience, with property values rising 1.0% over the three months to January, compared to the -0.7% decline in capital city values, according to CoreLogic’s latest Regional Market Update. While growth in regional markets has stabilised, growth patterns across individual markets are shifting, with signs of a slowdown…
Now that the RBA has cut the cash rate for the first time in 5 years what does this mean for our housing markets? In this round table discussion I’m joined by Dr. Andrew Wilson and Brett Warren as we discuss what to expect next, when the next rate cut may occur and which market…
Sure, there’s been a lot of talk about the challenges being experienced by First Home Buyers (FHBs) but the latest Mortgage Insights Report by Money.com.au reveals groundbreaking trends in the September 2024 quarter, highlighting their growing influence and adaptability. From Victoria’s record-breaking loan growth to the surge of “rentvesting,” FHBs are proving they’re anything but…
Are you wondering what lies ahead for Australia’s housing market? After an eventful 2024 where dwelling prices rose by an average of 7% nationally, it’s time to unpack what’s driving the market and what investors and homeowners can expect this year. Here’s what the latest data and analysis from the Bank of Queensland Housing Market…
Think you know Australia? Think again! Beyond the stunning coastlines and bustling city life lies a land brimming with intriguing economic quirks, surprising demographic trends, and a property market that can turn heads around the globe. So, for Australia Day, let’s look at 12 fun facts that reveal the hidden dimensions of Australia’s wealth, housing,…
National rent values rose 0.4% in the December quarter, the smallest Q4 change in rents since 2018. The pace of national rental growth continued to slow in 2024, with rents up 4.8% over the year after surging 8.1% in 2023, according to CoreLogic’s latest Quarterly Rental Review. The result marked the smallest annual rental increase…
What does a population of 27 million mean for Australia’s future? According to recent data from the Australian Bureau of Statistics (ABS), Australia’s population has officially surpassed 27 million. Chart source: ABC News This milestone highlights the country’s dynamic growth, driven primarily by net overseas migration, which accounted for 83% of the increase, with natural…
ANZ has brought forward its forecast for the first rate cut to take place in February, however, it maintains the view that borrowers will only see two rate cuts in the coming cycle. The news follows better-than-expected results from November’s monthly CPI Indicator released on Wednesday. ANZ now joins CBA in expecting the first RBA…
The allure of Australian real estate continues to captivate international buyers, with property searches from overseas increasing slightly compared to the same time last year. While the overall numbers have grown, interest from individual countries has shown some fluctuation, reflecting global economic conditions, political developments, and seasonal trends. Let’s take a closer look at the…
