Once a symbol of prestige, a million-dollar price tag is becoming more common as rising values push more Australian suburbs into the seven-figure club. Cotality’s latest Million Dollar Market report analysed 4,844 markets (3,514 houses and 1,330 units) across the country and found that one in three (34.1%) recorded a median house or unit value…
As Australia’s housing markets charge through spring, we’re seeing a fascinating contrast emerge – while the broader economy shows early signs of easing, the property markets are powering ahead. The most recent Australia Bureau of Statistics data shows that unemployment ticked higher to 4.5% which is a new cycle high, and employment growth slipped to…
![Adelaide housing market update [video] | October 2025](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/adelaide-270x200.jpg)
Spring has sprung, and so has the Adelaide property market. After a period of steady movement, the latest data shows a significant surge in momentum, positioning Adelaide as a standout performer. The strong buyer demand coupled with tight supply is creating ideal conditions for sellers and driving solid value growth across the city. Let’s dive…
Not long ago, it was clear-cut: building new just didn’t make financial sense. As Nerida Conisbee, Ray White’s Chief Economist pointed out back in December 2023, “construction costs had dramatically outpaced house price growth, making it cheaper to buy an established home than build new.” At that time, the numbers were stark. Capital city house…
Nationally, housing affordability has deteriorated badly since the pandemic. Cotality data shows home values are up 46.8% in the past 5 years. The median dwelling value has gone from 6.4 times, to almost 8 times median household income. Median rent across Australia has reached $672 per week, with rent values up 43.8% in the past…
![Perth housing market update [video] | October 2025](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/Perth-city-270x200.jpeg)
As we head deeper into the spring selling season, the numbers are painting a clear picture of strong growth and intense demand. Let’s break down the key insights for Perth. Perth’s Property Values Continue to Climb Perth is once again at the forefront of home value growth among the major Australian capital cities. The momentum…
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…
![Brisbane housing market update [video] | October 2025](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/brisbane-270x200.jpg)
The spring selling season has well and truly sprung in Brisbane, and the latest data reveals our city is not just warming up; it’s running hot. As the broader Australian property market gathers impressive momentum, Brisbane has firmly positioned itself as a frontrunner, posting some of the strongest growth seen across the nation’s capitals. The…
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…
If you’re involved in a property transaction, you shouldn’t have to worry about scammers circling like sharks. Yet new research from PEXA has revealed something deeply concerning: 97% of Australians who recently bought or intend to buy a property failed to spot the warning signs of a settlement scam. Think about that. Almost everyone thinks…
