The spring selling season has started impressively with strong results reported by all capitals over the past week. This weekend’s auction results around Australia: Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 966 79.7% 1029 78.1% 776 71.9% Melbourne 1076 74.4% 1022 75.3% 974 66.9% Brisbane…
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 asking prices rose across all property types, with houses leading the charge, according to SQM Research’s Weekly Asking Prices Index for The national average asking price for houses climbed to $1,296,482—up 2.25% from the previous week and 6.9% year-on-year. Units followed suit, rising 1.53% weekly and 6.8% annually. Sydney recorded the sharpest weekly increase…
Want to know what’s really happening with property prices right now? Every month, investors, homeowners, and would-be buyers turn to the latest median property price data, hoping to make sense of what’s happening in our housing markets. And while the numbers give us important clues, they don’t tell the full story. Australia’s property markets are…
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…
The widely anticipated decision by the RBA to cut official interest rates over August has added to momentum in already robust housing markets, with most capitals again reporting higher house prices over the August quarter compared to the previous July quarter. The national capital city median house price increased by 0.9% over the August quarter…
Australia’s housing market is showing its usual resilience, but the landscape is shifting in some important ways. The latest Mortgage Insights Report from Money.com.au reveals that while overall lending growth has slowed, investors are roaring back into the market and, for the first time in years, are almost neck and neck with homebuyers when it…
Australia’s inflation story just took an interesting twist. After months of trending down, headline inflation nudged higher in July: lifting to 2.8% from June’s 1.9%. That may not sound like much, but it’s the first rise we’ve seen in the monthly CPI series since late 2024. So, what’s driving it? Electricity prices surged by over…
