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NT residential property

Today

High-income households locked out of half of the housing market

The latest data shows an income of $172,000 is only enough to buy half of the homes on offer in Australia. Four years ago, it would buy 80 per cent of the market.

  • Updated
  • Nila Sweeney

This Month

The cities predicted to miss house price downturn

The housing price dip in Sydney and Melbourne has intensified in the recent months, but this may not last long, experts say.

  • Nila Sweeney
House prices have dropped by as much as 9.7 per cent in some of Sydney’s premium suburbs as the downturn accelerates.

House prices fall in 40pc of Sydney suburbs

The city’s property market downturn is becoming more widespread as stock levels rise, borrowing capacity shrinks and affordability worsens.

  • Nila Sweeney
Down 0.1 per cent in October: But Sydney is only in for a shallow decline, CoreLogic says.

Sydney house prices fall for first time in almost two years

The slowdown has been a long time coming but strong demand – and lower possible borrowing costs – mean the decline will be shallow, CoreLogic says.

  • Michael Bleby

October

The value of the housing market hits a record $11 trillion

The value of the country’s residential market is expected to rise higher in coming years, but the rate of price growth is poised to slow in the months ahead.

  • Nila Sweeney
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House prices in many suburbs on the Northern Beaches are still sharply lower from their peaks two years ago, according to CoreLogic.

The undervalued suburbs where buyers can bag bargains

Home buyers could potentially nab a good deal in these undervalued housing markets.

  • Nila Sweeney
The number of investor-owned unit listings surged in inner Melbourne and parts of Sydney, despite the overall declining trend according to CoreLogic.

Investor demand for homes outstrips supply

More investors are entering the market than are bailing out, as expectations grow that interest rates will be cut within months.

  • Nila Sweeney

The suburbs where house prices slumped by up to $288k in three months

The pressures of high interest rates and poor affordability triggered a decline in median house values in some of the country’s most expensive markets.

  • Nila Sweeney

Sydney’s home values on course to fall in the coming months

The sharp rise in listings along with high interest rates and worsening housing affordability has slowed price growth across the board.

  • Nila Sweeney

September

These newly minted million-dollar suburbs are breaking records

More neighbourhoods are poised to cross the seven-figure median milestone in the coming months as prices continue to rise.

  • Nila Sweeney

RBA decision to hold on rates won’t help home buyers: experts

The housing market won’t get much of a boost from the RBA’s decision to keep rates steady, although some investors may be willing to jump in early.

  • Nila Sweeney

Cheap no more: where the buyer rush has blunted home affordability

Housing affordability has worsened sharply in some of the country’s cheaper areas amid strong demand.

  • Nila Sweeney

Where sellers scored a $600,000 profit flipping houses

Houses around the country sold within two to four years of purchase rewarded sellers with handy solid profits, according to CoreLogic.

  • Nila Sweeney

Substantial rate cuts needed before buyers will return: experts

Even a 0.25 percentage point reduction in the cash rate would have little impact on affordability for most middle and lower income buyers.

  • Nila Sweeney

The suburbs where housing risks are rising

Risks of sharper house price declines are emerging across many areas in Melbourne as listings surge and demand falls.

  • Nila Sweeney
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Land for housing is at an all-time low, as demand grows.

Adelaide, Perth overtake Melbourne home values

The shift in ranking was partly compositional, but it also reflected Melbourne’s deepening downturn.

  • Nila Sweeney

August

Property boom is a sign of wealth for those who own a home.

Number of homes for sale soar ahead of spring

Fresh listings are surging in some of the more expensive housing markets in Sydney and Melbourne as sellers rush to beat the competition.

  • Nila Sweeney

What home buyers want, according to search results

Home buyers’ priorities are shifting as cost-of-living considerations rise, making some lifestyle features less desirable.

  • Nila Sweeney

The suburbs where every seller pocketed $1m profit

Residential profits surged to a record high in the past financial year, boosted by strong price gains, according to Domain.

  • Nila Sweeney

Why Brisbane’s housing market could be the next to ease

Pockets of weakness are finally emerging in Brisbane, Adelaide and Perth, the star performers of the nation’s remarkable housing boom.

  • Nila Sweeney

Original URL: https://www.afr.com/topic/nt-residential-property-hvy