A little-known change by the Australian Taxation Office (ATO) has put property sellers at risk of having 15% of their sale price withheld, a mistake that could cost over $122,000 for the average property owner. Since January 1, 2025, anyone selling property in Australia must obtain a clearance certificate before settlement. If they fail to…
Housing affordability has long been an issue in Australia, but a new report makes it clear, we’re in uncharted territory. The new report, Priced Out: An Index of Affordable Rentals for Australian Voters (2025), published by Everybody’s Home, reveals a rental crisis that’s no longer just affecting low-income earners. Today, even middle-income Australians, nurses, teachers, police…
It’s been two years of interest rate hikes, rising cost-of-living pressures, and constant warnings about mortgage stress. And yet, Australian homeowners are proving more resilient than many expected. The latest data from APRA’s Quarterly Property Exposure Statistics shows that offset account balances have surged to record highs, while mortgage defaults have fallen for the first…
At the end of last year, the headlines screamed of falling migration numbers, but don’t be fooled—this is no breather for Australia’s housing market. If anything, it’s just a reminder of the storm brewing beneath the surface. For the first time since our borders reopened in late 2021, Australia’s annual net overseas migration has fallen…
For decades, Australians have been told that owning a home is the ultimate financial milestone—the cornerstone of wealth creation and security. But in today’s market, is that dream becoming unattainable for a growing number of first-home buyers? According to Domain’s First Home Buyer Report 2025, the road to homeownership remains steep, despite some marginal improvements…
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…
