Yesterday
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
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.
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.
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.
‘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.
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.
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.
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.
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.
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.
$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.
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.
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.
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.
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.
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.
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.