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…
National home prices fell by 0.17% over the month, though they remain 4.73% higher compared to 12 months ago, according to the latest PropTrack Home Price Index. Despite the drop in December, national home prices remain well up from a year ago, with values sitting 4.73% higher year-on-year. Compared to March 2020, national home values are…
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…
CoreLogic’s Home Value Index (HVI) ended the year on a negative note, with values down -0.1% nationally over the month after peaking in October and holding flat in November. The December decline in the national HVI was enough to drag the quarterly change into negative territory, also down -0.1%, to mark the end of what…
So what will 2025 bring? According to Canstar, millions of Australians could see financial relief in 2025 with changes afoot aimed at easing cost of living pressures. S0 let’s look at 8 ways you may be better off financially in this new year 1. Rate cuts: While RBA cash rate cuts are not guaranteed, they…
Believe it or not…Australians are feeling confident about their financial future despite today’s challenging economic environment. This is the finding of the “No Place Like Home” report by Great Southern Bank, which sheds light on the evolving financial attitudes and behaviours of Australians. The findings are a mix of optimism, adaptability, and a clear recognition…
National home prices have increased again over calendar year 2024, with most capitals continuing to record positive annual growth. According to the latest data from My Housing Market, the national capital city median house price increased by just 0.1% to $1,165,184 in December compared to the November. The national quarterly house price has now increased…
What lies ahead for Australia’s property market in 2025? Ray White’s 2025 Property Outlook Report highlights ten key trends set to shape residential and commercial real estate in the coming year. Let’s break these predictions down and explore what they mean for property investors, homeowners, and the broader market. 1. Rate cuts expected in 2025…
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…
