You’ve probably noticed the headlines predicting doom and gloom — again. Recession whispers are growing louder, with interest rate falls, global uncertainty, and consumer stress dominating the news. But are we really headed for a recession here in Australia? According to Shane Oliver, Chief Economist at AMP, the answer is a reassuring no. And I…
National home prices continued to rise in April, fuelled particularly by lower interest rates, which improved affordability and supported buyer confidence. According to the latest data from My Housing Market, the national capital city median house price increased by 0.8% to $1,177,737 in the April quarter compared to the March quarter. The April increase was…
If you thought the housing shortage was bad now, just wait. According to the State of the Land Report 2025 released by the Urban Development Institute of Australia (UDIA), we’re staring down the barrel of a staggering 400,000-home shortfall across Australia’s capital cities by 2029. Let that sink in for a moment. Despite the Federal…
We’re used to hearing that Australia has some of the most expensive properties in the world. The headlines love to scream that Sydney is less affordable than New York or that Melbourne rivals Paris for house prices. But is this really true? And more importantly, should property investors care? Well, let’s take a step back…
National rents rose 1.7% over the March quarter, up from 0.4% in the December quarter, according to CoreLogic’s latest Quarterly Rental Review. However, this uptick is largely seasonal, with the 1.7% rise in rents over the three months to March marking the slowest Q1 growth since 2019 (1.0%) and is a full percentage point below…
Yes, you read that right — even in the middle of a cost-of-living crisis, there are still places around Australia where owning a home can be cheaper than renting. But (and it’s a big but), you need to know where to look, and you need to act strategically. The media’s been busy with doom and…
After several years of relentless rent hikes, it seems the tide might be turning—at least for now and in certain locations. PropTrack’s latest rental market data shows that nearly three-quarters of NSW suburbs experienced either stagnant or declining advertised rents over the past three months. That’s a marked change from the skyrocketing rental increases we’ve…
![Perth housing market update [video] | April 2025](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/Perth-city-270x200.jpeg)
Perth’s housing market has entered a period of stability following remarkable growth in recent years. According to CoreLogic, the city’s property market is experiencing steady conditions with modest recent value movements. Perth home values have shown minimal change recently: March 2025: +0.2% Overall Trend: Virtually unchanged since October 2024 Perth housing market trends Perth’s market…
![Adelaide housing market update [video] | April 2025](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/adelaide-270x200.jpg)
Adelaide’s housing market continues its impressive growth streak, recording substantial value increases and remaining one of Australia’s standout property markets, according to CoreLogic’s latest April 2025 update. Adelaide home values have shown strong and consistent gains: March 2025: +0.8% increase, the second-highest gain among capital cities. Total growth over 24 months: 25.6%, adding approximately $169,000…
Over the past month leading up to 12 April 2025, rental prices across Australia’s capital city asking rents rose marginally, up by 0.2%. This slight rise continues the trend of a national slowdown in rental growth, which has been a phenomenon since the start of 2024. In Sydney, dwelling rents rose faster than the capital…
