As the auction season winds down ahead of the end-of-year shutdown in two weeks, auction numbers and clearance rates have predictably eased. This weekend’s auction results around Australia: Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 894 66.8% 1517 69.4% 1169 62.4% Melbourne 1560 66.1% 1597…
Starting last Friday, thousands of Australians who’ve been stuck renting might finally get a crack at owning their own home. The Federal Government’s long-awaited Help to Buy scheme officially launched, a policy that’s been on the cards since 2022 and is being pitched as “a lifeline for those locked out of the market.” But while the…
If you were hoping the three rate cuts in 2025 would finally give Australians some breathing room, you’re not alone. Many households entered the year optimistic, believing the worst was behind them and that easing monetary policy would start to unwind several years of relentless financial pressure. But the reality has been very different. The…
2026 is shaping up to be another year of solid, though uneven, growth. While interest rates are not expected to fall again, their stability, combined with strong population growth, a whole wave of new first-time buyers entering the market and affluent downsizers with significant equity in their properties at a time of ongoing supply shortages,…
Australia’s housing market staged a turnaround in 2025, defying intense affordability and cost of living pressures to deliver an above decade-average growth rate of 7.7% through the year-to-date. National dwelling values are set to close 2025 at least 8% higher. This highlights how quickly conditions shifted after a challenging start. Markets entered 2025 under considerable pressure….
Australia’s economy grew by a softer-than-expected 0.4% in the September quarter, slowing from 0.6% growth in the June quarter. It confirms the recovery is tracking forward but without strong momentum. Still, figures from the Australian Bureau of Statistics showed annual gross domestic product (GDP) growth was at a two-year high of 2.1%. That’s just above…
For a while there, “the next rate cut” started to feel like a foregone conclusion. Borrowers were counting on it, buyers were pricing it in, and the media narrative was drifting toward relief. But now the story is different, with most economists suggesting there won’t be another interest rate cut anytime soon. In a fresh…
Every so often, a headline flashes across the media warning that Australia is “becoming a nation of renters.” It’s dramatic. It’s clickable. And it taps into a very real anxiety among Australians, especially younger ones, who feel homeownership drifting further out of reach. But as with most sweeping claims about the property market, the truth…
National home prices rose 0.5% in November and are now 8.7% higher than a year ago, the fastest annual growth since mid-2022, according to PropTrack. Momentum has firmed throughout 2025, but stretched affordability means growth remains well below the 20-30% annual gains seen in past booms. Eleanor Creagh, Senior Economist at PropTrack said: “Lower interest rates, increased borrowing…
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. Every month, investors, homeowners, and would-be buyers turn to the latest median property…
