Yesterday
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
Housing market recovery gathers steam
With a helpful kick from the Reserve Bank’s first interest rate cut, Sydney and Melbourne house prices are climbing once again after modest recent declines.
Wealthy suburbs turn to buyers’ markets as house prices slump
Deep-pocketed home buyers could land discounted houses in the country’s most expensive markets where prices have fallen over the past 12 months.
Gentle pressure secures $19m Toorak sale
The first disclosed deal over $15 million in the city’s most expensive suburb this year suggests properties have started moving.
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.
Melbourne’s home buyers turn bullish after rate cut
The city’s housing market recovery is forecast to gather steam as buyers embrace a better borrowing environment.
The prestige suburbs leading Sydney and Melbourne rebound
Affluent Sydney and Melbourne suburbs are posting solid rebounds in price after previously suffering the largest declines from their peaks.
Melbourne’s housing values snap 10-month decline
Melbourne and Hobart lead the abrupt recovery, while Perth, Adelaide and Brisbane slowed sharply.
Sydney two-bedroom house beats reserve by $725k as demand rises
Preliminary clearance rates held above the 70 per cent mark across Sydney and Melbourne amid signs demand is steadily returning after the rate cut.
February
Office tower to apartment block: Inside the new push to fix housing
Planning reforms in Australia’s two biggest states have sparked political backlash, but will buyers and developers fill in the missing middle?
Melbourne’s ‘biggest eyesore’ could be targeted in housing blitz
Victorian Planning Minister Sonya Kilkenny says a disused former Cancer Council building in the heart of Melbourne could be cleared for development into new homes.
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.
Victoria must give up ‘ideological attachment’ to apartments: Metricon
Victoria will continue to miss housing targets until it realises Millennials and migrants want detached homes, not inner-city apartments, Metricon chief executive Brad Duggan says.
Bailador backs $100m property AI app challenging buyers agents
PropHero matches investors with properties in Australia, Indonesia, Ireland and Spain and claims to have outperformed the market on every investment.
Rate cut to boost buyer sentiment, but not house prices
The RBA’s decision to cut the interest rate is poised to stabilise home values in Sydney and Melbourne, but unlikely to spur a surge in prices.
Is the worst over for Melbourne’s housing market?
Pockets in the city are starting to bounce back as first home buyers and investors take the plunge, buyers’ agents say.
Home sellers ditch auctions as confidence falls
Fewer vendors are selling their properties under the hammer as weak selling conditions persist, experts say.
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.
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.