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…
What made 2024 a standout year for Australia’s property market? Well, in 2024, it proved once again that resilience and adaptability are the market’s defining traits. After grappling with the effects of rising interest rates and economic uncertainty, the year saw buyers and sellers return to the market, with property prices stabilizing and new trends…
Rental markets finished the year on a softer note, with the national rental index up just 0.1% in the month of December to be 0.4% higher through the December quarter and 4.8% higher over the calendar year according to Corelogic. Source: Corelogic January 2025 CoreLogic’s research director, Tim Lawless, said:. “This was the smallest December…
Australians are fed up. The housing crisis is no longer a distant policy issue—it’s personal, affecting millions who are struggling to find affordable homes to buy or rent. With a federal election coming up, voters have made it clear: they expect real solutions, and politicians who fail to deliver may face harsh consequences at the…
As the dust settles on a turbulent year in real estate, the absence of Chinese investors is emerging as an interesting shift in Australia’s housing market. Chinese buyers, once some of the most significant contributors to the new apartment sector of housing markets are dramatically scaling back their involvement. Data from the Foreign Investment Review…
Is Australia facing a rental market meltdown? Well, new research from the Property Investment Professionals of Australia (PIPA) and the Property Investors Council of Australia (PICA) reveals a critical shortage of property investors is further fueling the nation’s escalating rental crisis. Findings from the research show that over the past five years, Australia has fallen…
Why are so many Australians left without a place to call home? The latest homelessness data released by the Australian Institute of Health and Welfare (AIHW) paints a stark picture of an issue that’s no longer confined to society’s most vulnerable—it’s unfortunately becoming a crisis for everyday Australians. Over 280,100 Australians sought help from specialist…
Imagine living on a street where the median house price rivals the GDP of a small nation. Now, picture the breathtaking harbour views, iconic mansions, and prestige that come with it—welcome to Australia’s most expensive streets. Australia’s elite real estate hotspots From Sydney’s shimmering coastline to Melbourne’s leafy enclaves, certain streets are synonymous with wealth,…
Australia’s housing market has reached a critical juncture, with only 10% of homes now deemed affordable for the average worker, according to a recent report by ANZ and CoreLogic. This alarming statistic highlights the growing disparity between income levels and property prices, raising concerns about the nation’s economic stability and the future of homeownership for…
For Australian mortgage holders eagerly anticipating relief from the Reserve Bank of Australia (RBA), there’s been a shift in the narrative. ANZ has just joined Westpac and NAB in revising its cash rate forecast, now predicting the first rate cut will occur in May 2025 instead of February and reducing the expected number of cuts…
