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Queensland residential property

Today

Paring it back: Render of Andrews Projects’ 394-unit development at 3006-3016 Surfers Paradise Boulevard in Gold Coast. 

Why Australia is building fewer – not more – homes

Australia needs more new homes but the post-pandemic surge in costs makes development viable only when targeting downsizers and empty nesters.

  • Michael Bleby

This Month

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

‘Induces laziness’: $6m east coast headland hits market

One of Queensland’s original newspaper dynasties has offered their Capricorn Coast retreat for the first time in 90 years.

  • Bonnie Campbell

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
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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
The six-unit block of apartments with scope for a 10-storey building on the same site at 1199 Gold Coast Highway, Palm Beach, sold for $10 million.

The $1.5m sale that shows Gold Coast buildings and people are ageing

Housing stock is being recycled on a key part of Australia’s coastline. But sales that make sense on paper aren’t always easy to achieve.

  • Michael Bleby

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
The turnover in apartments is slowing.

Unit owners hold tight as growth slows and transaction costs rise

Hold periods for units have blown out above the decade average as owners delay selling.

  • Nila Sweeney
The three-bedroom house at 68 Abbeville Street in Brisbane’s Upper Mount Gravatt sold at auction for $1.4 million.

A $1.4m sale plays the Brisbane and Melbourne markets – and wins

It wasn’t on purpose, but a young couple bought and sold in two capital city markets at just the right time.

  • Michael Bleby
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
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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

Mortgage stress warning as owners sell despite falling prices

Home vendors in some pockets of regional Victoria are facing the toughest selling conditions in the country.

  • Nila Sweeney
The two-bedroom house at 140 Denison Street in eastern suburbs Sydney’s Queens Park sold for $4.95 million on Saturday.  

$5m Sydney home undershoots reserve, shows ‘level-headedness’ is back

As more residences come to market, buyers grappling with still-high rates and cost-of-living pressures will negotiate hard with vendors.

  • Michael Bleby

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/queensland-residential-property-hvz