Australia is currently experiencing a rental and affordability crisis. Population growth is surging, vacancy rates are at record lows, and property values and rents are climbing. And yet, despite this overwhelming demand, we’re not, just not, building enough new dwellings. Have you ever wondered what the real fix for Australia’s housing crisis might be? Well,…
I don’t know about you, but I’m seeing a lot of so-called “experts” on social media confidently forecasting the direction of our real estate markets and property prices for the balance of 2025 and well into next year. However, if they really knew how to predict our markets, these individuals would likely be enjoying a…
Remember when owning a home was considered a rite of passage? A marker of stability and success? Today, for many Australians, that milestone feels more like a distant fantasy than a realistic goal. What was once seen as the cornerstone of financial security has become an uphill battle, with soaring property prices, stricter lending rules,…
In 1966, homeownership in Australia hit “peak home ownership” as 73 per cent of dwellings were owned outright or with a mortgage. That figure has been drifting downward ever since, sitting at 66–67 per cent in recent years, and just 63 per cent at the 2021 Census if you count occupied dwellings only. On the…
If you’ve ever felt that everyone around you seems to be a millionaire these days, you’re not imagining things. According to the latest UBS Global Wealth Report and reported by ABC news, Australia now boasts one of the highest concentrations of millionaires in the world, and much of that wealth is tied directly to property….
National asking prices rose across all property types, with houses leading the charge, according to SQM Research’s Weekly Asking Prices Index for The national average asking price for houses climbed to $1,296,482—up 2.25% from the previous week and 6.9% year-on-year. Units followed suit, rising 1.53% weekly and 6.8% annually. Sydney recorded the sharpest weekly increase…
Want to know what’s really happening with property prices right now? Every month, investors, homeowners, and would-be buyers turn to the latest median property price data, hoping to make sense of what’s happening in our housing markets. And while the numbers give us important clues, they don’t tell the full story. Australia’s property markets are…
The widely anticipated decision by the RBA to cut official interest rates over August has added to momentum in already robust housing markets, with most capitals again reporting higher house prices over the August quarter compared to the previous July quarter. The national capital city median house price increased by 0.9% over the August quarter…
Imagine the world tuning in to the sun-drenched banks of the Brisbane River, the roar of crowds echoing through state-of-the-art stadiums, and the global spotlight firmly fixed on Australia’s third-largest city. That’s exactly what’s coming our way with the Brisbane 2032 Olympics, and it’s set to be a once-in-a-generation catalyst for transformation. But this isn’t…
Australia’s inflation story just took an interesting twist. After months of trending down, headline inflation nudged higher in July: lifting to 2.8% from June’s 1.9%. That may not sound like much, but it’s the first rise we’ve seen in the monthly CPI series since late 2024. So, what’s driving it? Electricity prices surged by over…
