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…
Want to know what’s happening to the housing markets around Australia? Well… this monthly collection of charts from Cotality (formerly CoreLogic) paints an interesting picture. Australia’s property market has reached a new milestone, with the total value of residential real estate climbing to $11.8 trillion for the first time, increasing by $678 billion over the…
Australian housing markets are gathering strength as we head further into spring, with September marking the strongest monthly gain for national dwelling values since October 2023. The Cotality Home Value Index (HVI) recorded a 0.8% increase in September, powered by robust growth conditions across the capital cities, where values rose 0.9% over the month. On…
Cotality’s national Home Value Index (HVI) rose 0.7% in August, the strongest month on month gain since May last year. The result pushed the annual change higher for the second month in a row, to 4.1%. The growth cycle has been gradually building momentum since the February rate cut, with buyer demand spurred by a…
While state and local governments focus on approvals and improving the feasibility of new projects, building companies continue to be stretched thin across an already swollen pipeline and reducing margins. From the very announcement of the National Cabinet’s plan to build 1.2 million new homes in five years in August 2023, many in the industry…
National dwelling values rose by 0.6% in July, with the rate of growth holding firm relative to the prior two months, according to Cotality’s latest Home Value Index. That marks the sixth straight month of gains, with the positive inflection aligning with the first rate cut in February. At the national level, the pace of…
What really drives property prices in Australia? Ask 10 people and you’ll get 12 opinions, most shaped by headlines, hip-pocket pressure, or political spin. But property markets don’t run on noise. They’re powered by a complex web of economic levers, social trends, and psychological triggers. As we are now moving into the next phase of…
Australian housing values rose by 0.6% in June, marking a fifth straight month of growth following the -0.3% dip seen between November and January. Monthly gains were recorded across almost every broad region of Australia, with Hobart (-0.2%), the only capital city or rest-of-state region to see a month-on-month fall. The June quarter saw national…
Australia is in the grip of a housing crisis — and if you’re hoping our new government will be the solution, I hate to break it to you… They might just make things worse. While Labor’s fresh election win was met with plenty of optimism, especially around their promise to tackle housing affordability, when you…
Like every other year, the commencement of this new year has ushered in a flurry of property market forecasts. And now that the RBA has delivered its first rate cut, like clockwork, media outlets are abuzz with projections from economists and market commentators, all eager to share their predictions about the trajectory of property prices,…
