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Property prices

Yesterday

Pascal Butler, a Melbourne investor who is finalising his mortgage to buy his second investment property, with wife Georgia and toddler Mimi.

Home loan demand rises as buyers ready for rate cut

Hopeful home buyers are preparing for lower interest rates as early as next week by arranging financing in larger numbers.

  • Nila Sweeney

This Month

REA Group’s Owen Wilson is going out with his bat raised.

The next rate cut has already hit the housing market

REA boss Owen Wilson is retiring with it in a dominant position over rival Domain, and the property market in a near-perfect state of balance for the classifieds giant. 

  • James Thomson
Sluggish capital growth and falling rents are fuelling a burst of investor exodus in Melbourne and Sydney, new data from CoreLogic shows.

Landlords pull out of Melbourne, Sydney apartment markets

Poor capital growth and falling rents trigger another wave of investor selling across Melbourne and Sydney apartment markets.

  • Nila Sweeney
The number of scheduled auctions fell sharply in the first two weeks of February as sellers lose confidence, experts say.

Home sellers ditch auctions as confidence falls

Fewer vendors are selling their properties under the hammer as weak selling conditions persist, experts say.

  • Nila Sweeney
Jess Fitzgerald at her home in Burleigh Heads, which she is confident of getting a high price for at auction.

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.

  • Nila Sweeney
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January

Christian Cuneo in Mereweather Beach Newcastle.

Second wind for regional housing markets as exodus resumes

High costs of living and soaring house prices are fuelling another wave of regional migration, experts say.

  • Nila Sweeney
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What interest rate cuts will mean for your money

February is firming as the month that the Reserve Bank will cut the cash rate, which will have flow-on effects for shares, property and term deposits.

  • Michelle Bowes
A February rate cut will boost sentiment and help shorten the duration of the housing downturn, experts say.

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.

  • Nila Sweeney

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.

  • Nila Sweeney

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.

  • Nila Sweeney
Rosie Wilson, a young investor.

How this Millennial plans to get wealthy even as a ‘forever renter’

What if the great Australian dream could be rewritten to exclude home ownership? Young people like Rosie Wilson are giving it a red hot go.

  • Lucy Dean
The Sydney suburb of Caddens.

Home lot sales are increasing – in the cheaper cities

Soaring land prices are prompting a structural shift in housing away from the country’s largest cities.

  • Updated
  • Michael Bleby

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.

  • Nila Sweeney

Private empire behind property developer Bob Ell suffers profit slide

Leda Holdings has reported a near-halving in annual profit due to a higher cost of sales, according to newly filed accounts.

  • Jenny Wiggins
Tenants will have the option to pay and claim rent online from mid-next year.

The suburbs where renters saved $800 in three months

A sharp decline in asking rents has turned a string of inner Sydney and Melbourne suburbs into tenants’ markets.

  • Nila Sweeney
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The suburbs where home buyers want a tennis court above all else

Property searches for homes with tennis courts climbed sharply last year, but they are harder to find.

  • Nila Sweeney

Music pioneer smashes Bangalow record with $15m luxury farm purchase

Industry entrepreneur Tom Misner has returned to the Byron Bay hinterland picking up the sprawling 12-hectare retreat, Rockpool Farm.

  • Updated
  • Bonnie Campbell
Sydney’s six-year-high volume of listings indicates a weak autumn market, Domain says.

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.

  • Michael Bleby
Woodside chairman Richard Goyder.

Goyder could break the shackles by returning government handouts

Readers’ letters on business welfare dependence, China’s claims to Taiwan, the gift of giving, property prices, Arctic mining, and Donald Trump.

Few analysts forecast a fall in Melbourne house prices in 2024.

Why housing economists got it wrong on Perth, Melbourne prices

Some of the country’s top economists missed the boom in Perth house prices in 2024, and almost no one expected Melbourne values to fall.

  • Larry Schlesinger

Original URL: https://www.afr.com/topic/property-prices-60x