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Property market

Yesterday

Evan Thornley, CEO of investment company Longview Evan outside a house that he says is rising in value and will keep rising.

The fastest-growing house prices aren’t where you think

Leafy suburbs closest to the CBD aren’t the ones that offer the biggest value gain. As home-building picks up, there are some suburbs worth considering.

This Month

Residential apartment blocks under construction in Shanghai.

The hidden numbers dragging down China’s economy

A slump in property transactions in smaller cities highlights the difficulty of reviving China’s property market.

Anthony Albanese and Jim Chalmers have faced growing opposition for several elements of the proposed superannuation tax changes.

Chalmers urged to overhaul CGT discount on housing

Labor for Housing says savings from reforming CGT could be used to scrap GST on goods and services used to build, maintain and manage state public housing.

ESG doesn’t have the same sway over consumers as more mundane matters.

The cold, hard truth about cash

Readers’ letters on the end of cash, how to teach kids, domestic gas supply, fairer taxes, housing and the voting age. 

The four-bedroom house on 742 square metres at 36 Mount Auburn Road in inner-western Sydney’s Berala sold at auction for $2.375 million.

‘There’s definitely profit’ for buyer of $2.4m home

Lower borrowing costs and expectations that purchasers will pay more are spurring developers into action once again. They’re chasing areas with opportunity.

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Paving the way: New home-building is picking up again .

New housing supply will raise (and lower) prices

The new home-building cycle is just beginning. Its effects on values will vary by location and property type, analysts say.

A two-bedroom apartment in Sydney’s inner-west sold under the hammer on Saturday for $1.088 million, one of more than 1,500 auctions held over the past week.

Sydney home gets $200k above reserve, as Melbourne auctions rocket

The nation’s preliminary auction clearance rate notched higher for a fourth consecutive week, but the number of homes going under the hammer remains light on.

Old is new again: Pattern books of off-the-shelf Victorian terrace designs shaped suburbs like Paddington, says architect Shaun Carter, whose firm designed this terrace home for the NSW Housing Pattern Book.

Brisk, no-risk housing policies take states back to the future

Fast-track planning rules to accelerate housing development and make better-quality homes show NSW is relearning lessons it has forgotten.

With recent news that the Treasury believes the government’s ambitious 1.2 million homes target won’t be met, the clear solution is to let the market deliver housing to meet community needs.

The 3 intergenerational challenges Chalmers’ roundtable must fix

If the government wants true long-term productivity gains, it can look to three areas that happen to be where the intergenerational compact is most broken.

Expanding their reach: From left, Nex Building Group CEO Andrew Helmers, Nex director and chief strategy officer Koji Naganawa and Nex Property general manager Nadim Akari.

Asahi Kasei-owned builder NEX expands into land development

The move shows a deeper investment by the company that bought into then-named McDonald Jones Homes in 2017.

A rendered image of Lendlease’s plan to build 300 luxury apartments overlooking Sydney’s CBD.

$2.5b luxury apartment project planned for Sydney

The ASX-listed developer, investor and builder wants to show it has progressed a strategy to double down on its Australian development pipeline.

A picture tells a $500k price difference

First impressions count. So for the second attempt to sell this house, that meant cutting back a tree that clouded the front “hero” photograph. And it paid off.

Jonathan O’Brien advocated developments in his community, including the one behind him

US tech billionaires fund Australian YIMBY battle

An Australian group has secured funding from some of the world’s biggest tech billionaires in their fight for more housing.

Slowing rental growth could have impacts for RBA policy.

Rental growth slump could impact RBA policy: analyst

Capital city rental growth has slowed or stalled in most capital cities. It could be another factor that pushes the RBA to lower rates.

Mortgage brokers’ growing power puts big banks on notice

Major lenders face an uphill battle to win back market share from the industry, which is now arranging about three-quarters of Australia’s residential loans.

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Rate hold ‘scary’ for Melbourne mother selling family home

Mother of three Kristy Duke is disappointed by Tuesday’s cash rate decision. Analysts expect it will blunt some of the energy in the housing recovery.

Former RBA deputy governor Guy Debelle has seen two crises – in 2008 and 2020 – from inside the central bank. He knows the impact economics can have on real lives.

Debelle gives economists an almighty pep talk, and a word of caution

The former RBA deputy governor says the next generation must crack the riddle of intergenerational wealth, and warns core concepts are becoming outdated.

The three-bedroom brick house on 930 square metres at 35 Hill Street in north-eastern Adelaide’s Campbelltown sold at auction for $1.825 million.

Rate cut drives $1.8m sale in a ‘great-ish’ area

A developer bought this site with good potential. But they were chased up the price range by an eager owner-occupier.

‘The horse is about to bolt’: Auctions boom as rates fall

Buoyed by two interest rates so far this year, with a third looming this week, buyers have pushed clearance rates above 70 per cent for the past four weeks.

Requiring users who can afford it to pay more for their aged care is not just necessary, it is also fair and ethical.

This is the most striking generational change in 40 years

The property boom has made older Australians rich and turned housing into the standout generational issue that Jim Chalmers must tackle with his economic reforms, Michael Stutchbury writes.

Original URL: https://www.afr.com/topic/property-market-60w