Latest Property News and Features

Adelaide housing values rose 0.8% in November, a strong result but the second month in a row where the monthly gain has been less than 1%. The market is clearly losing momentum as listings rise, they’re up 25% since the end of winter, and affordability constraints become more pressing. The strongest conditions are skewed towards the…

Perth is continuing  to lead the capital cities for the rate of growth in housing values, with the market up another 1.1% in October, adding approximately $8,460 to the median dwelling value over the month alone. Although the pace of growth remains strong, the quarterly trend has more than halved since the June quarter, from…

With values flattening in September and falling in October and November by 0.2%, it looks like Sydney’s housing cycle has turned. The two consecutive months of decline follow a 16% rise in values since the cycle commenced in February last year. City houses are driving the weaker outcome with values down 0.8% over the past…

Melbourne’s housing market is continuing to navigate a relatively mild downturn, with housing values falling a further 0.4% in November to be down 2.3% over the past 12 months. Values are now 5.5% below their record highs set in March of 2022, and they’ve risen by only 12% over the past five years, which is roughly a…

As we wrap up 2024, the housing market’s setting up for a relatively weak start to 2025. For November, the National Home Value Index saw an incremental increase of just 0.1%, the smallest rise since January 2023, suggesting that growth momentum may be fading after an extended period of 22 months. Notably, major cities like Melbourne…