The pace of growth in Adelaide home values has accelerated over recent months, with November’s 1.9% rise marking the strongest monthly growth conditions since January 2022, a period when interest rates were virtually zero. Adelaide is a key contributor to the “two-speed” housing market, where the mid-sized capitals are significantly outpacing the two largest cities,…
About this time each year it’s customary for those of us in the property industry to peer into the future in an attempt to predict what’s ahead for our housing markets. While making such forecasts is not an exact science, I can safely make five predictions I am certain will be true for 2026. 1….
Today I’m going to do something a little bit different – I’m going to give you some insights into what makes me tick. Maybe you’ll learn something useful from it, maybe you won’t. You see… I remember a while ago (when I was still personally seeing clients) a prospective client asked me: Michael now that…
Perth home values surged 2.4% higher in November, adding approximately $5,000 per week to the median dwelling value. While this marks the highest growth rate among all Australian capital cities for the month, the pace of growth eased slightly from the 2.7% recorded in October. Perth continues to be the national leader in value growth,…
Did you hear the news? Hobart has just overtaken Adelaide as Australia’s oldest capital city. According to the ABS, Hobart’s median age is now 39.3 years, nudging past Adelaide’s 39.2 years. Meanwhile, Darwin continues to hold the title of our youngest capital, with a median age of just 34.8 years. At first glance, these numbers…
Sydney’s home value growth has moderated, recording a 0.5% rise in November, well below the national figure of 1.0%. Since then, the rate of capital gain has been easing, a trend that coincides with softening auction clearance rates, which held in the high-60% range throughout the latter half of the month. Price Dynamics by Segment…
Melbourne is continuing to record relatively soft but positive growth conditions, with home values up 0.3% in November. This was the lowest monthly rise of any capital city, contributing to a subtle slowdown in the national growth rate. While local housing values have been rising since February, they remain 0.9% below the record high set…
If you’re like me, who would rather believe the facts and statistics, you’ll know our property market has moved into the next phase of the cycle. In fact, the Australian property market is at the early stages of a property Super Cycle – a period of several years of significant price growth, despite all the…
The Australian home value index rose another 1.0% in November, marking the third consecutive month where national home values have increased by 1% or more. However, the pace of growth eased slightly over the month, coming down from 1.1% in October. This subtle slowdown was primarily driven by a deceleration in Australia’s two largest cities….
2026 is shaping up to be another year of solid, though uneven, growth. While interest rates are not expected to fall again, their stability, combined with strong population growth, a whole wave of new first-time buyers entering the market and affluent downsizers with significant equity in their properties at a time of ongoing supply shortages,…
