Home prices rose in February after the Reserve Bank cut the official interest rate. CoreLogic’s national Home Value Index posted a 0.3% rise in February, breaking the short and shallow downturn that lasted just three months and dragging the national measure of home values – 0.4% lower. The February rise was subtle but broad-based, with…
National home prices rebounded as interest rates fell in February, lifting 0.40% to hit a new record and reversing the soft start to the year according to the latest PropTrack Home Price Index. February’s bounce has reversed the small price falls seen in recent months, and national prices are now sitting 3.94% above their levels a…
CoreLogic’s national Home Value Index posted a 0.3% rise in February, breaking the short and shallow downturn that lasted just three months and dragging the national measure of home values – 0.4% lower. The February rise was subtle, but broad based, with every capital and ‘rest-of-state region except Darwin (-0.1%) and Regional Victoria (flat) recording…
For decades, Australians have been told that owning a home is the ultimate financial milestone—the cornerstone of wealth creation and security. But in today’s market, is that dream becoming unattainable for a growing number of first-home buyers? According to Domain’s First Home Buyer Report 2025, the road to homeownership remains steep, despite some marginal improvements…
National house prices have continued to fall into 2025, with February reporting monthly declines for most capitals. The national capital city median house price declined by 0.8% to $1,151,730 over the February quarter compared to the January quarter results, according to the latest data from My Housing Market. The national quarterly house price has now…
According to CoreLogic’s 2025 Women & Property report, Australia has a ‘gender investment gap’, where Australian women are underrepresented when it comes to investment properties and other investment types. The report, released in the lead-up to International Women’s Day, surveyed home ownership status, and motivations, barriers and attitudes towards dwelling ownership among women and men…
Imagine a system where building a townhouse feels like playing a game of snakes and ladders—except the snakes are endless paperwork, delays, and appeals. That’s what Victoria’s planning process has been like for developers. But the state government just rolled out a new rulebook to shake things up. Premier Jacinta Allan and Planning Minister Sonya…
Australia’s regional housing markets have continued to demonstrate resilience, with property values rising 1.0% over the three months to January, compared to the -0.7% decline in capital city values, according to CoreLogic’s latest Regional Market Update. While growth in regional markets has stabilised, growth patterns across individual markets are shifting, with signs of a slowdown…
The first interest rate cut in five years is welcome news for our housing markets. Though modest, this rate cut is not just about the potential savings for homeowners; it’s primarily a psychological boost that should reignite confidence in our housing market. Even though the RBA warned that further interest rate cuts are not guaranteed…
Strong population growth will increase housing demand, both to buy and rent. Australia’s population growth rose by some 550,000 last year. This likens to a 10,000 increase in the country’s population per week. This is 50% more than the annual average population increase over the past five years. The big winners – when comparing the…