![Melbourne housing market update [video] | February 2025](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/melbourne-1-270x200.jpg)
Melbourne home values recorded a 10th straight month of decline in January, down 0.6% to be 3.3% lower over the past 12 months. Since peaking in March of 2022, Melbourne home values have now fallen by a cumulative 6.9% or approximately 58,000 in dollar terms. The 2% in values over the past three months is…
Now that the RBA has cut the cash rate for the first time in 5 years what does this mean for our housing markets? In this round table discussion I’m joined by Dr. Andrew Wilson and Brett Warren as we discuss what to expect next, when the next rate cut may occur and which market…
![Australian housing market update [CoreLogic’s video] | February 2025](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/10/House-business-section-analysis-270x200.jpg)
As we enter February 2025, dwelling values across Australia remain steady, with a softer trend of housing conditions persisting. National dwelling values saw a 0.2% fall in capital cities, while regional markets continued to thrive, with values rising 0.4% across the capitals. Sydney’s housing market has recorded a fourth straight month of declining values, with…
After the most aggressive rate hiking cycle on record, the RBA has reduced the cash rate from a thirteen-year high of 4.35% to 4.1%. With annualised 6-month core inflation around the middle of the RBA’s 2-3% target range, the easing in cost-of-living pressures was a key factor behind the RBA’s decision to cut rates. Australia…
Want to know what’s happening to the housing markets around Australia? Well… this monthly collection of charts from CoreLogic paints an interesting picture. Regional property values continue to outpace their capital city counterparts, demonstrating “remarkable resilience” in a challenging market, according to CoreLogic’s Housing Chart Pack for February. The latest data shows capital city values…
Over the past month leading up to 12 February 2025, rental prices across Australia’s capital city asking rents recorded sharp rises after a period of moderation in 2024. In Sydney, combined rents increased by 1.4% to $841 per week, driven by a 1.9% rise in unit rents. Melbourne saw a 1.7% increase, with combined rents…
Sure, there’s been a lot of talk about the challenges being experienced by First Home Buyers (FHBs) but the latest Mortgage Insights Report by Money.com.au reveals groundbreaking trends in the September 2024 quarter, highlighting their growing influence and adaptability. From Victoria’s record-breaking loan growth to the surge of “rentvesting,” FHBs are proving they’re anything but…
In the current economic climate, these rate cuts should go a long way in boosting consumer confidence, signalling an end to the recent battle Based on previous periods of rate reductions, CoreLogic estimates that national dwelling values would increase an average of 6.1% for each 1 percentage point decline in the cash rate- but Australia…
The year 2025 marks the beginning of a new generation, in Generation Beta. Simply put, Generation Beta is defined as those born between 2025 and 2039. Generation Beta will be born from 2025 to 2039 By 2035 they will make up 16% of the global population They will be the children of younger Gen Ys…
Is Australia on track to meet its housing goals? Well, the latest data says…not quite. According to the latest PropTrack New Homes Report (January 2025), while there’s been some progress, we’re still falling short of the ambitious 1.2 million new homes target set under the National Housing Accord. Karen Dellow, Senior Data Analyst at PropTrack, …
