Home prices have continued to surge through spring with most capitals recording strong prices growth for both houses and units. The national capital city median house price surged by 1.3% over the November quarter to $1,270,561 compared to the October quarter, according to the latest data from My Housing Market. Annual national house prices are now…
For decades, owning a home has been the great Australian dream, a symbol of stability, security, and success. But for many would-be homeowners today, that dream feels like it’s slipping further away with every rent payment. And now, fresh research from Money.com.au has laid bare just how tough things have become. The average Aussie is…
Cotality’s national Home Value Index rose another 1.0% in November, marking the third month in a row where Australian home values have increased by one per cent or more. However, the pace of growth is moderating, coming down from 1.1% in October. The headline growth figure was weighed down by Australia’s two largest cities, with…
The spring auction market has concluded with clearance rates steady despite a flood of auctions over the final week of November. This weekend’s auction results around Australia: Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 1517 69.4% 1405 69.1% 1345 68.0% Melbourne 1597 69.7% 1308 68.0%…
Buying or selling a home has always been a high-stakes, high-pressure event. The paperwork, the deadlines, the hundreds of thousands, sometimes millions of dollars changing hands. But what most people don’t realise is that those exact conditions also create the perfect hunting ground for cybercriminals. And now, because of artificial intelligence, property scams are becoming…
The Australian Prudential Regulation Authority (APRA) has unveiled a new cap on high debt-to-income (DTI) lending – a move designed to keep a lid on riskier borrowing as the housing market gathers price momentum, particularly in Sydney and Melbourne. From February 1, 2026, banks will be restricted to issuing no more than 20% of new…
Annual inflation rose to a 16-month high of 3.8% in October, adding to pressure on the government as it seeks to make savings across the public sector. When governments, whether Commonwealth, state or local, increase spending it adds to inflation. Opinions differ on whether Commonwealth spending makes a significant difference. Opposition finance spokesperson Jane Hume…
Every week the headlines tell you one thing… but the data often tells you something very different. This week’s numbers painted a picture that many property investors will find both reassuring and strategically important. Beneath the noise, there are clear signs of Australia’s housing market entering its next phase – one driven by rising construction…
Australia’s housing affordability has hit new lows over the past five years, with home values drifting even further out of reach and the share of income needed to pay a mortgage has nearly doubled, according to Cotality’s Housing Affordability Report. Even as mortgage rates have dipped, the cost of servicing a new loan remains stubbornly…
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 lowering the official cash rate to around 3.6% — easing borrowing costs and sparking…
