This Month
Rate cuts push auction clearance rate to near 1-year high
Falling borrowing costs and fewer homes coming to market have boosted the auction clearance rate across Australia’s three largest cities.
May
$5.3m Mosman unit sold after talks as rate cut delivers patchy results
Property buyers are weighing up the benefit of lower borrowing costs versus global economic uncertainty – and reaching different answers.
Sydneysiders need $235,000 income for affordable housing: Jarden
Home buyers nationally need to earn an average of $161,000 to access an affordable home across the country according to a new report. In Sydney, it’s $235,000.
House prices hit a new high ahead of the election
House price growth is poised to gather steam next week and another interest rate cut this month, according to analysts.
April
The electorates where house prices rose (and fell) the most
One in 15 electorates jumped more than 30 per cent since May 2022, but values fell in 60 seats according to a new analysis.
The suburbs where house prices hit records
Expectations of deeper rate cuts along with demand-boosting Labor and Coalition housing policies could spark a sharp increase in prices this year, say analysts.
Housing market confidence follows financial markets down
Auction clearances took a dip across all capital cities as auction volumes surged. Economists are seeing parallels with 2008.
3 charts that show why housing is a key battleground for PMs
Residential property values have surged almost five times as much under Coalition governments than Labor ones over the past 35 years. Here are the reasons.
The suburbs where house prices are rising (and falling) the most
House prices are climbing across more suburbs in Sydney and Melbourne as the recovery gathers steam.
Home prices climb to record high
The February interest rate cut has revived confidence and boosted demand, despite only a small improvement in affordability.
March
Where coastal property prices are hot
Despite an initial pullback in demand following severe storms or cyclones, house prices along the coast can show remarkable growth over the long term.
Last quarter’s least and most profitable housing markets revealed
Home sellers racked up record profits in the December quarter, but apartments delivered losses for many owners in Melbourne and Sydney.
Rate cut fails to lift market, clearances tack lower
The failure of buyers to pile into the market after February’s rate reduction tells the Reserve Bank it can cut again without triggering a housing boom, an economist says.
Melbourne’s housing values snap 10-month decline
Melbourne and Hobart lead the abrupt recovery, while Perth, Adelaide and Brisbane slowed sharply.
February
Which suburbs have become affordable after the rate cut?
A number of desirable suburbs that were previously unaffordable are now within reach for high-income and median-income earners, according to CoreLogic.
Slowing Perth, Brisbane housing markets boost affordability hopes
An improvement in housing affordability could drive demand back into the market, but is unlikely to spark a sharp rebound in prices, experts say.
Sydney auction clearances jump, defying slowdown expectations
There’s pent-up demand for housing, but even sales agents are cautious about the year to come.
January
Sydney’s housing downturn could end before election
The downturn in Sydney could end within months as interest rates drop, while Melbourne’s housing market is on track to recover earlier than expected.
Sydney, Melbourne to lead house price gains next year: KPMG
By December next year, Sydney is tipped to reclaim its top spot, with house prices expected to jump 7.8 per cent, followed by Melbourne’s 6 per cent gain.
Canberra’s London Circuit to get $650m mixed-use precinct
Capital Property, the development company of late Rich Lister Terry Snow, is about to shape the largest CBD site ever sold by the ACT government.