What happens when your dream holiday destination turns into a staging ground for gridlock, sky-high rents, and near-invisible housing options? Welcome to the Gold Coast—a city fighting to catch up with its own popularity. It was once known for its glittering beaches, holiday resorts, and laid-back lifestyle, but today, the Gold Coast has earned a…
A new apartment complex planned for Oxford Street in Bondi Junction should be a textbook example of smart city development. Sixteen storeys of housing, right next to a train line and bus routes, within walking distance of Centennial Park, Bondi Beach, shops, jobs, schools, and even the harbour. On a site currently occupied by a…
Australia’s property market is waking up, and it looks like it’s gearing up for a supercharged Spring. The latest Domain Market Insights for August reveal that after a quieter winter, buyers are back in force, auction activity is surging, and stock levels are tightening across the combined capitals. Dr. Nicola Powell, Domain’s Chief of Research…
First home buyers in Sydney, Melbourne and Brisbane are set to benefit from a major shake-up to federal housing policy, with expanded access to the 5% deposit scheme arriving three months ahead of schedule. From October, the federal government’s expanded First Home Buyer Guarantee will kick in, allowing eligible buyers to purchase a property with…
If you’ve ever felt that everyone around you seems to be a millionaire these days, you’re not imagining things. According to the latest UBS Global Wealth Report and reported by ABC news, Australia now boasts one of the highest concentrations of millionaires in the world, and much of that wealth is tied directly to property….
Median house prices could soar by up to $154,000 by the end of 2026 as buyers pile in over the next year at a time of limited supply. Sydney’s median house price could jump by more than $150,000 over the next 15 months. Melbourne’s median house price may climb past the $1 million mark. Perth,…
There’s a quiet but powerful shift happening in the Australian economy, and it’s not getting the attention it deserves. More than half of Australian voters now rely on government support for their primary income. Whether it’s through public sector wages, welfare payments, disability support, childcare subsidies, or aged care funding, over 50% of voters are…
For years, stamp duty has been the elephant in the room when we talk about housing affordability and economic reform. Everyone knows it’s a problem; economists, buyers, sellers, and investors alike. Yet, despite endless reviews and repeated calls for reform, we’re still stuck with a tax that almost no one is willing to defend. Dr…
National home prices rose 0.5% in August, marking the eighth consecutive month of growth and taking home values to a fresh record high, according to PropTrack. PropTrack data shows that national home prices lifted in August, rising 0.5% to a new record high. This marks eight straight months of growth as the housing market gains…
Cotality’s national Home Value Index (HVI) rose 0.7% in August, the strongest month on month gain since May last year. The result pushed the annual change higher for the second month in a row, to 4.1%. The growth cycle has been gradually building momentum since the February rate cut, with buyer demand spurred by a…
