2024 was an extraordinary year for Australia’s property market! While housing prices have kept climbing in most parts of the country, the pace has shifted gears. Poor affordability, higher interest rates, and a surge in the number of homes for sale have all conspired to slow price growth. Meanwhile, the rental market is showing signs…
Rental markets finished the year on a softer note, with the national rental index up just 0.1% in the month of December to be 0.4% higher through the December quarter and 4.8% higher over the calendar year according to Corelogic. Source: Corelogic January 2025 CoreLogic’s research director, Tim Lawless, said:. “This was the smallest December…
It’s no secret that Australia’s major cities are facing a housing crisis. With affordability at an all-time low and the dream of homeownership becoming more elusive for many, there’s one crucial piece missing from our housing puzzle – the “missing middle.” This term refers to medium-density housing options like townhouses, duplexes, and low-rise apartments, which…
Australia’s middle class is no longer the robust backbone it once was. Over the past few decades, it has been hollowed out, squeezed by economic forces, structural changes, and policy decisions. What was once a bell curve society—dominated by a thriving middle class—is now becoming a U-shaped structure, with more people slipping into the lower…
The sky is falling! The experts have started switching their property market predictions from boom to gloom, pointing to the current market slowdown as the first sign of an imminent collapse which threatens to bring down prices everywhere. I want to explain why they are completely wrong. These doom and gloom forecasts are guilty of…
It seems everybody I bump into has an opinion on our property markets. They’re reading all the news, and while some believe our property markets are going to perform well moving forward, there are still many property pessimists who believe high inflation and interest rates and affordability challenges will lead to a housing market collapse….
Imagine living on a street where the median house price rivals the GDP of a small nation. Now, picture the breathtaking harbour views, iconic mansions, and prestige that come with it—welcome to Australia’s most expensive streets. Australia’s elite real estate hotspots From Sydney’s shimmering coastline to Melbourne’s leafy enclaves, certain streets are synonymous with wealth,…
Australia’s housing shortage is the elephant in the room no one can ignore. With sky-high rents, a squeeze on supply, and frustrated tenants battling for every available property, the housing crisis is a cocktail of systemic issues that’s been brewing for years. Amid this turmoil, the federal government has floated the idea of capping international…
Australia’s regional housing markets are once again outperforming their capital city counterparts, with Queensland and Western Australia leading the way in value growth, rents and rental yields. The latest CoreLogic Regional Market Update found dwelling values in regional areas rose 1.1% over the three months to October, exceeding the 0.8% growth recorded in capital cities….
Want to know what that magic ingredient is that propels property markets forward? The little secret behind whopping price growth? It’s not the economy, even though that’s important. It’s not supply and demand, even though that plays a role. It’s not infrastructure spending, availability of finance, or population growth either. Although all of these things…
