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Property market

Today

The Bondi terrorist attacks have highlighted issues that have been present in Australia for years.

Albanese has failed Aussie Jews

Readers’ letters on the Bondi Beach shooting, antisemitism and the future of Australian multiculturalism.

The Whitsundays in Queensland has the highest amount of house Airbnbs nationally.

Sydney’s Airbnb listings drop by 48pc while regions boom

Holiday listings are growing in regions with popular tourist attractions, as a new housing report calls for more regulation to protect local renters.

This Month

Growth in house prices in Sydney has flatlined.

House price growth flatlines as buyers hold back

Less than two thirds of homes listed for auction last week sold – the lowest rate in a year. Adding to the seasonal slowdown are buyers’ fears about interest rates.

Marion Mays and her son, Somerset

Why this mum bought her 11-year-old son a townhouse

“I’m glad I’ve done everything I can to help my son get into the housing market,” says money coach Marion Mays.

First home buyers can afford only 12 per cent of homes in Australia compared to 30 per cent five years ago.

First home buyers can afford only 12pc of properties

The number of suburbs affordable to first home buyers has diminished considerably, but Australians aren’t giving up on the home ownership dream.

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The three-bedroom, two-bathroom semidetached house with dual car park on 252 square metres at 232a Princes Highway in southern Sydney’s Arncliffe sold by private treaty for $1.35 million.

The $1.35m ‘bargain’ opportunity for first home buyers that won’t last

The expanded 5 per cent home deposit scheme is driving new entrants into the market, but it has yet to reach full speed. That is giving an edge to some.

Andrew Bragg, Shadow Minister for Housing & Homelessness.

‘NIMBYism is a cancer’: Bragg outlines Liberal housing policy vision

In a speech highlighting the Coalition’s housing plan, Andrew Bragg repudiates John Howard’s view that he has never met a person angry about their house price going up.

Byron Bay primed for $16m penthouse record as luxury demand grows

A pricey apartment overlooking the beach is part of a new development in the NSW coastal town, the first beachfront unit block in a decade.

The Grant Street home was listed for $10.5 million and sold within just three weeks.

ASX-listed building company boss sells $12m Melbourne home

The Malvern East family home of Simonds Group executive chairman Rhett Simonds and his wife, Samantha, is in new hands after just three weeks on the market.

Analysis by the Australian Strategic Policy Institute has identified 17 sites with the strongest rationale for sale.

Prime Defence real estate would sell to developers for billions

Inner Melbourne and Sydney sites, including bases in Mosman and Paddington, could be converted into housing to raise billions for the defence budget.

The Toronto skyline over Lake Ontario.

Toronto has the best and worst of Sydney. Here’s why

A metropolis with great Asian food and a housing affordability crisis: it sounds familiar, but the apartment fix for Canada’s largest city serves as a warning.

First home buyers are keen to purchase soon.

First home buyer deposit scheme blows out mortgage pre-approval times

CBA is putting on extra staff at weekends to cope with an influx of pre-approval applications driven by Labor’s 5 per cent guarantee scheme.

Sydney’s affordability crisis pushes buyers west of the ‘Red Rooster line’

A grim picture emerges from analysis of where a couple on average incomes can affordably buy a house. Economists say entrenched NIMBYism is one cause.

Brisbane’s median house price has topped $1 million for the first time.

Brisbane’s median house price tops $1m

The Queensland capital has joined houses in Sydney and Canberra in the seven-digit club. Higher prices are driving housing investment, but not enough, economists say.

Three-storey apartments and townhouses would be allowed on any residential block in all capital cities under a radical plan to deliver millions of new homes.

Reduced CGT discount could be confined to housing: Greens, economists

The Greens support paring back the capital gains tax discount for housing – and some senior economists agree there is a case for making changes.

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November

A two-bedroom apartment in Sydney’s inner west sold under the hammer on the weekend, despite buyer confidence across the nation low.

Home buyers flee auction market early despite sellers out in force

Prospective purchasers have lost confidence, as prices rise and a high volume of homes go under the hammer with mediocre results.

Job seeking increasingly requires you to fill out endless online forms and write essays on inane subjects.

Why desperate Gen Z is embracing risky investments

Locked out of home ownership, young adults are turning to cryptocurrencies and NFTs, as they refuse to believe hard work brings reward.

Brisbane’s Victoria Barracks and Spectacle Island in Sydney Harbour are among the little-used sites that the government wants to sell after an audit of defence property.

Defence poised to sell prime Brisbane and Sydney real estate

Brisbane’s Victoria Barracks and Spectacle Island on Sydney Harbour are among the sites the government wants to sell after an audit of defence property.

Heath Hopwood, chief executive of Beaumont Tiles at the group’s Oakleigh store in Melbourne.

Tile giant to push trendy shades of grey from within Bunnings

The CEO of Australia’s largest ceramic tile retailer says value buyers still want the luxury look and ‘elephant grey’ reigns supreme as a tile colour.

Analysts expect home lending to grow by 6 per cent in 2026.

Banks to increase home lending in 2026 despite APRA crackdown

The prudential regulator’s crackdown on risky home lending is not expected to choke growth in the broader mortgage market.

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