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Auction numbers surge over the past week, but clearance rates remained generally strong despite more choices for buyers and more competition for sellers. This weekend’s auction results around Australia: Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 1334 76.1% 1189 76.4% 996 71.3% Melbourne 1122 74.1%…

The Australian property market is gathering significant momentum as we move further into spring, with national home values marking their most substantial monthly increase since October of 2023. A potent combination of low housing supply and resurgent buyer demand is fueling a broad-based recovery across the nation. Let’s dive into the key trends shaping the…

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. Australia’s property market has reached a new milestone, with the total value of residential real estate climbing to $11.8 trillion for the first time, increasing by $678 billion over the…

Every few months, the debate about short-term rentals flares up again. Policymakers point the finger at Airbnb and similar platforms, hoping that stricter regulations will somehow free up more homes for long-term renters. But a new survey has revealed something that may surprise many: the overwhelming majority of short-term rental hosts have no intention of…

Most property investors are wondering when the next rate cut is coming. Since the latest CPI figures came in slightly higher than most economists expected, our 4 major banks to revise their cash rate forecasts. Three banks expect just one more cut in the cycle. Westpac is now the outlier, still forecasting three further cash…

Australia’s housing market just got another warning signal, and it’s one we can’t afford to ignore. While property prices are rising and demand remains strong, new housing approvals are falling sharply, hinting at growing pressure in an already stretched housing system. According to the latest Australian Bureau of Statistics (ABS) figures, total dwelling approvals dropped…

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…

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