Today
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?
Yesterday
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.
This Month
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.
The next capital city at risk of house prices falling
Weaker demand and substantial increase in available stock for sale could push prices lower in this city before rates fall, experts say.
Home listings pile up in Sydney and Melbourne amid falling prices
The build up of stock levels was partly fuelled by properties that failed to sell late last year as well as a potential rise in motivated sellers.
Sydney’s six-year high in listings points to weak autumn market
The tide has changed for choice and buyers in the country’s largest city have the upper hand – at least, until rates fall.
Why housing affordability is now a top problem for CEOs
Business leaders say high house prices and skyrocketing rents are affecting where people choose to work and making it harder to find talent.
Thinking of buying a bigger home? This could be the year to do it
Falling house prices in the Sydney and Melbourne markets would favour buyers, particularly those who are upgrading, while a slowdown in price growth in other capitals could also offer buying opportunities, experts say.
Wealthy inner-city suburbs wear the most pain in weak property market
Home values fell in December for the first time in nearly two years. But the dip is much bigger in more expensive areas, while affordable regions soar.
December 2024
IMF calls for home lending crackdown when rate cuts arrive
The International Monetary Fund says regulators should consider tightening Australia’s already-stringent home lending laws, pushing back on a Coalition plan.
10 suburbs for property investors to target in 2025
Investors can still score six-digit equity gain in 2025 despite the current housing market slowdown, but it requires thorough due diligence and smart property and area selection.
Resort-style $70m Toorak mansion sold in Melbourne’s top deal of 2024
A Melbourne mega-deal has been sealed a week out from Christmas, with the sale of a contemporary four-storey mansion on Macquarie Road.