National rent values rose 0.4% in the December quarter, the smallest Q4 change in rents since 2018. The pace of national rental growth continued to slow in 2024, with rents up 4.8% over the year after surging 8.1% in 2023, according to CoreLogic’s latest Quarterly Rental Review. The result marked the smallest annual rental increase…
What does a population of 27 million mean for Australia’s future? According to recent data from the Australian Bureau of Statistics (ABS), Australia’s population has officially surpassed 27 million. This milestone highlights the country’s dynamic growth, driven primarily by net overseas migration, which accounted for 83% of the increase, with natural growth contributing the remaining…
ANZ has brought forward its forecast for the first rate cut to take place in February, however, it maintains the view that borrowers will only see two rate cuts in the coming cycle. The news follows better-than-expected results from November’s monthly CPI Indicator released on Wednesday. ANZ now joins CBA in expecting the first RBA…
The allure of Australian real estate continues to captivate international buyers, with property searches from overseas increasing slightly compared to the same time last year. While the overall numbers have grown, interest from individual countries has shown some fluctuation, reflecting global economic conditions, political developments, and seasonal trends. Let’s take a closer look at the…
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…
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…
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…
Is Australia facing a rental market meltdown? Well, new research from the Property Investment Professionals of Australia (PIPA) and the Property Investors Council of Australia (PICA) reveals a critical shortage of property investors is further fueling the nation’s escalating rental crisis. Findings from the research show that over the past five years, Australia has fallen…
Why are so many Australians left without a place to call home? The latest homelessness data released by the Australian Institute of Health and Welfare (AIHW) paints a stark picture of an issue that’s no longer confined to society’s most vulnerable—it’s unfortunately becoming a crisis for everyday Australians. Over 280,100 Australians sought help from specialist…
