Capital city home prices have continued to fall over June with the monthly rate of decline generally accelerating. The national capital city median house price fell by 0.9% over the June quarter to $1,274,503 compared to the May quarter, according to the latest data from My Housing Market. The June result was the second consecutive decline…
Cotality’s latest Pain & Gain report analysed almost 101,000 resales in Q1, finding 96.0% of residential property resales delivered a nominal profit over the quarter, up slightly from 95.9% in December and the strongest result since 2005. The median gain increased to a record $377,000, while the median loss remained unchanged at $45,000. Despite signs of…
Capital city auction markets continue to report subdued clearance rates and fading listings reflecting the impact of weakening buyer and seller confidence and the onset of the usual distracted winter market. Weekly Auction Results to Saturday, June 27th 2026 Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate…
With so much noise in the media, it’s easy to miss some of the key developments that could have a significant impact on property owners, investors and aspiring home buyers. Over the past week, three major stories have emerged that deserve attention. More importantly, they provide valuable clues about where the property market may be…
Pauline Hanson’s National Press Club address last week reminded us she doesn’t like multiculturalism, she sees immigration as responsible for most of the country’s problems, and she regards the values of some immigrants as inimical to a predominantly “Judeo-Christian society”. She called for “monoculturalism” to replace “multiculturalism”. These kinds of views are not new for…
After several years of strong price growth across much of Australia, Domain’s latest FY27 Housing Market Forecast suggests the property market is entering a very different phase. The report highlights that Australia’s housing market has entered a more complex phase. Three rate hikes in the first half of 2026 have changed the landscape, and the…
Australians have become much more gloomy about the economy and increasingly worried about the irresponsible behaviour of the United States in the past year, according to the Lowy Institute’s 2026 poll. The poll also shows a big decline in support for cultural diversity over the past two years, albeit from a very high level. Almost…
Every capital city’s auction clearance rate has just dropped to its lowest point of the year, and Brisbane is the real shock, plunging to under 22 per cent this week, down from over 50 per cent just twelve months ago. That’s happening even though the Reserve Bank left the cash rate on hold again at…
The Australian property market in 2026 has entered genuinely new territory, with a another rate rise from the Reserve Bank and the most significant tax changes to property investment in nearly three decades landing within weeks of each other. The three RBA rate rises this year delivered the shortest and shallowest rate-cutting cycle since inflation…
Well, the RBA has now spoken, and for the first time this year borrowers received a little breathing space. At its June meeting, the Reserve Bank kept the cash rate on hold at 4.35%, following three rate rises earlier this year. That decision was widely expected, but it was not exactly a green light for…
