Sydney dwelling values increased by 0.7% in October, bucking the broader national trend where most capital cities saw an acceleration in value growth. For the Sydney market, this milder rate of gain—easing from 0.8% over the preceding two months—may signal that affordability challenges are finally beginning to curb demand. The key insights reveal a shift…
Brisbane continues to record one of the country’s highest rates of capital gain, cementing its status as a top-performing market in October. The latest data confirms that the momentum driving housing values in the Queensland capital remains strong, reflecting persistent undersupply. Nationally, Australian home values accelerated with a 1.1% gain. Brisbane contributed significantly to this…
Auction numbers have continued to rise over the past week with clearance rates easing as the late spring market provides buyers with more choices and sellers with more competition. This weekend’s auction results around Australia: Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 1572 72.6% 1534…
Another month has flown by, and once again, our sunny western capital, Perth, is making headlines. Based on the latest data from Cotality, the Perth property market didn’t just participate in the national housing acceleration in October; it led the charge, continuing its impressive run as the nation’s value growth powerhouse. While the broader Australian…
Some property market analysts say that the absence of past performance indicates that an area is overdue for growth, while others assure us that strong past performance offers us the best prospects of continued growth. They can’t both be right, so I’ll explain what past performance actually tells us about the future. This table illustrates…
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 big news this month is the total value of Australian residential real estate has hit a new milestone over $12 million, doubling in value in the last decade. Also,…
Every now and then, a statistic comes along that perfectly captures where we are in the property cycle, and where we’re heading next. The latest analysis from Canstar, based on newly released ABS Lending Indicators, delivered one of those moments: Almost half a million dollars’ worth of home loans are now being refinanced every single…
The 0.9% rise in Melbourne home values recorded in October was the largest month-on-month gain since May 2023, pushing the annual growth rate to 3.3%. This acceleration aligns with the national trend of increasing momentum in housing values. Stronger conditions are most evident across the broad middle and lower segments of the market, a trend…
Unusually strong home value increases in the month of October coincided with the expansion of the Federal Government’s 5% Deposit Scheme. The policy enables eligible first home buyers to secure a low-deposit home loan without lender’s mortgage insurance. From October 1, it was scaled up to unlimited places and income eligibility, and the price caps…
The pace of growth in Australian home values accelerated last month, recording a 1.1% gain in October—the fastest since June 2023. Momentum has been building since the first rate cut in February, pushing the national annual rate of growth to 6.1%. Monthly gains were broad-based, with every capital city and regional area recording a rise…
