The pace of growth in Australian home values accelerated in October, rising by 1.1%, the fastest monthly gain since June 2023. Momentum has been building in the rate of housing value growth since the first rate cut in February, pushing the annual pace of growth to 6.1% nationally. Before the February rate cut, housing conditions…
Have you noticed how many people around you are talking about moving? It seems like every second person is either packing boxes, searching for rentals, or dreaming about upgrading their home. And the data backs this up. According to the latest Muval Index 2025, more Australians than ever are on the move — or at…
Lower interest rates continue to activate capital city housing markets generally with monthly prices growth for both houses and units accelerating over October. The national capital city median house price surged by 1.6% over the October quarter to $1,253,522 compared to the September quarter, according to the latest data from My Housing Market. The October…
Inflation jumped 1.3% in the September quarter, above economists’ and the Reserve Bank’s own expectations. That is likely to rule out a cut in interest rates next week. The Australian Bureau of Statistics today released the consumer price index (CPI), showing headline inflation was almost double the 0.7% increase recorded in the June quarter. Over…
Look up at the gum trees in your backyard and imagine something looking back, not a neighbour, not a cockatoo, but your insurer. Increasingly in Australia, that’s not science fiction. Our insurers are quietly embracing drone technology and aerial imaging to assess properties, spot risks, and in some cases, decide whether you can even get…
Australia’s housing market has kicked into a higher gear, and this time, it’s not just a few cities leading the charge. Across the nation, property values are climbing at a pace we haven’t seen in years, with houses and units both breaking records. According to Dr Nicola Powell, Domain’s Chief of Research and Economics: “Australia’s…
Once a symbol of prestige, a million-dollar price tag is becoming more common as rising values push more Australian suburbs into the seven-figure club. Cotality’s latest Million Dollar Market report analysed 4,844 markets (3,514 houses and 1,330 units) across the country and found that one in three (34.1%) recorded a median house or unit value…
As many young Australians struggle to enter the housing market, research shows the “bank of mum and dad” is often called on to help. But what kind of financial support are parents willing to offer their kids? And how has that changed over time? That’s what our recent survey of 1,725 Australian parents – mostly…
Not long ago, it was clear-cut: building new just didn’t make financial sense. As Nerida Conisbee, Ray White’s Chief Economist pointed out back in December 2023, “construction costs had dramatically outpaced house price growth, making it cheaper to buy an established home than build new.” At that time, the numbers were stark. Capital city house…
Most property investors are wondering when the next rate cut is coming. Since the latest CPI figures came in slightly higher than most economists expected, our 4 major banks to revise their cash rate forecasts. Three banks expect just one more cut in the cycle. Westpac is now the outlier, still forecasting three further cash…
