Just when we thought we’d seen it all in Australia’s rental crisis—skyrocketing rents, chronic undersupply, and fierce competition for even the most modest of properties- a new phenomenon is emerging that reflects just how desperate tenants have become. It’s called pet bidding. Yes, really. We’ve long been talking about rent bidding, where would-be tenants offer…
![Melbourne housing market update [video] | May 2025](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/melbourne-1-270x200.jpg)
Melbourne’s housing market continues to show positive momentum, although the pace of growth has moderated slightly in recent months. Melbourne property values recorded their third consecutive monthly increase: April 2025: +0.2% Quarterly Growth (February–April 2025): +1.0%, the strongest quarterly gain since October 2023 Melbourne Housing Market Trends Timeframe Price Change (%) Monthly (April 2025) +0.2%…
If you’ve been reading the headlines, you’d think Melbourne landlords are under siege, and in many ways, they are. But as always, the devil is in the details, and the narrative isn’t as one-sided as it seems. Yes, rents have declined or flattened in several Melbourne suburbs, and yes, landlords are facing an increasingly hostile…
![Brisbane housing market update [video] | May 2025](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/brisbane-270x200.jpg)
Brisbane’s housing market continues its positive trajectory. While recent interest rate cuts initially boosted market conditions, the pace of gains has slightly softened amid broader economic uncertainty. Brisbane property values continue to rise steadily: Annual Growth: 7.8%, the slowest since September 2023 April 2025: +0.4% increase March 2025: +0.5% increase Brisbane housing market trends Timeframe…
When it comes to most aspects of life, $1 million goes a long way. Whether it’s a lifetime of family groceries1, 75 years’ worth of household transport costs2, or smashed avocado for breakfast every day, for over 100 years3. For housing, however, $1 million is increasingly standard. In August last year, the median house value…
![Sydney housing market update [video] | May 2025](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/11/sydney4-270x200.jpg)
Sydney’s housing market continues to recover, albeit at a moderating pace. After a promising boost from the February rate cut, momentum has slightly softened, influenced by broader economic uncertainty. Sydney property prices have demonstrated moderate but consistent gains: April 2025: +0.2% increase Quarterly Growth (February–April 2025): +1.0%, marking the strongest three-month gain since August 2024…
The Australian housing market demonstrated moderate growth through April 2025. While February’s rate cut initially boosted market sentiment, recent uncertainties—including the federal election and Trump’s tariff announcements—have tempered confidence and slowed momentum. Housing values rose 0.3% in April, slightly lower than March’s 0.4%, suggesting some loss in the momentum initially gained from the February rate…
In recent weeks, a quiet shift has been happening behind the scenes in our financial system. While the Reserve Bank of Australia (RBA) continues to hold the official cash rate steady at 4.35% – at least in the short term- a number of lenders, including five more just this past week, have been trimming their…
The national vacancy rate of 1.3% in April 2025, combined with a national average weekly rent of $650 (down 0.7% over the past month), suggests a slight easing of rental market pressure, according to the latest data from SQM Research. Over the past 12 months, national rents have risen by 3.9%, a slowdown from previous…
Interest rates are falling, confidence is rising, and property prices are stabilising. This could actually be one of the best times in years to get into the property market. According to NAB’s latest Residential Property Survey, Australia’s housing market has turned a significant corner. After a challenging year of interest rate uncertainty and affordability headwinds,…
