Inflation jumped 1.3% in the September quarter, above economists’ and the Reserve Bank’s own expectations. That is likely to rule out a cut in interest rates next week. The Australian Bureau of Statistics today released the consumer price index (CPI), showing headline inflation was almost double the 0.7% increase recorded in the June quarter. Over…
Look up at the gum trees in your backyard and imagine something looking back, not a neighbour, not a cockatoo, but your insurer. Increasingly in Australia, that’s not science fiction. Our insurers are quietly embracing drone technology and aerial imaging to assess properties, spot risks, and in some cases, decide whether you can even get…
Australia’s housing market has kicked into a higher gear, and this time, it’s not just a few cities leading the charge. Across the nation, property values are climbing at a pace we haven’t seen in years, with houses and units both breaking records. According to Dr Nicola Powell, Domain’s Chief of Research and Economics: “Australia’s…
Once a symbol of prestige, a million-dollar price tag is becoming more common as rising values push more Australian suburbs into the seven-figure club. Cotality’s latest Million Dollar Market report analysed 4,844 markets (3,514 houses and 1,330 units) across the country and found that one in three (34.1%) recorded a median house or unit value…
As many young Australians struggle to enter the housing market, research shows the “bank of mum and dad” is often called on to help. But what kind of financial support are parents willing to offer their kids? And how has that changed over time? That’s what our recent survey of 1,725 Australian parents – mostly…
Spring has sprung, and so has the Adelaide property market. After a period of steady movement, the latest data shows a significant surge in momentum, positioning Adelaide as a standout performer. The strong buyer demand coupled with tight supply is creating ideal conditions for sellers and driving solid value growth across the city. Let’s dive…
Not long ago, it was clear-cut: building new just didn’t make financial sense. As Nerida Conisbee, Ray White’s Chief Economist pointed out back in December 2023, “construction costs had dramatically outpaced house price growth, making it cheaper to buy an established home than build new.” At that time, the numbers were stark. Capital city house…
As we head deeper into the spring selling season, the numbers are painting a clear picture of strong growth and intense demand. Let’s break down the key insights for Perth. Perth’s Property Values Continue to Climb Perth is once again at the forefront of home value growth among the major Australian capital cities. The momentum…
Most property investors are wondering when the next rate cut is coming. Since the latest CPI figures came in slightly higher than most economists expected, our 4 major banks to revise their cash rate forecasts. Three banks expect just one more cut in the cycle. Westpac is now the outlier, still forecasting three further cash…
The spring selling season has well and truly sprung in Brisbane, and the latest data reveals our city is not just warming up; it’s running hot. As the broader Australian property market gathers impressive momentum, Brisbane has firmly positioned itself as a frontrunner, posting some of the strongest growth seen across the nation’s capitals. …
