Auction numbers have predictably surged over the early weeks of spring with strong clearance rates remaining generally steady despite more choices for buyers. This weekend’s auction results around Australia: Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 989 77.1% 966 79.7% 908 69.2% Melbourne 1184 73.4%…
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,…
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…
What’s ahead for our housing markets and interest rates? While the Reserve Bank has delivered three interest rate cuts this year, I know many mortgage holders were hoping for a rate cut again in September – but that now seems off the cards with not only inflation rising, but Australia’s economy growing 0.6% in the…
Westpac’s Housing Pulse reported a discernible shift in Australia’s housing markets Buyers are perking up, price growth has lifted, auction clearance rates are rising, and supply is tightening. Indeed, current signals suggest we are heading for a very interesting Spring selling season. Housing-related sentiment has turned. Westpac’s ‘time to buy a dwelling’ index surged a…
Once upon a time, Australians would chat over the fence, borrow sugar from their neighbours without hesitation, and keep an eye out for each other’s kids. But according to the Real Neighbours Report 2025, those days may be numbered, and as property investors, we’d be unwise to ignore the implications. We’ve often talked about the…
First home buyers in Sydney, Melbourne and Brisbane are set to benefit from a major shake-up to federal housing policy, with expanded access to the 5% deposit scheme arriving three months ahead of schedule. From October, the federal government’s expanded First Home Buyer Guarantee will kick in, allowing eligible buyers to purchase a property with…
Australia’s property markets are on the move again. After a period of fragmented property price growth and cautious sentiment, recent developments have brought momentum back into the picture. The Reserve Bank of Australia has delivered three interest rate cuts this year — most recently lowering the official cash rate to around 3.6% — easing borrowing…
While homes along Sydney’s Metro line carry a substantial premium, a year after the opening, growth in housing values along Sydney’s Phase 2 metro has generally lagged the broader Sydney region, according to a recent Cotality analysis. Cotality researchers undertook a spatial analysis of housing values along the Sydney Metro line, defining primary catchment areas as within…
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….
