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. The fast-tracked expansion of the federal government’s Home Guarantee Scheme, effective from October 1, is set to significantly increase the range of suburbs available to first home buyers, according to…
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…
If Warren Buffett, the Oracle of Omaha, were eyeing the Melbourne residential property market today, he’d likely see an opportunity where others might see uncertainty. Known for his timeless investment principles, Buffett’s wisdom is surprisingly applicable to Melbourne’s current real estate landscape. Melbourne’s market has underperformed over the last few years, which might be making…
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…
Prime Minister Anthony Albanese’s purchase of a $4.3 million cliffside “holiday home” last year raised the ire of voters, but he isn’t the only politician with an enviable property portfolio. With nearly half of Australia’s federal politicians owning multiple properties, many Aussies are questioning whether those tasked with solving the housing crisis are instead profiting…
Australia’s housing crisis has become a fierce political battle that could have major implications for the outcome of the upcoming federal election. The problem is there are no quick fixes to the housing crisis, yet both the Coalition and Labor continue to chase short-term solutions that don’t address the real issues. Anything easy and popular…
