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SA residential property

This Month

Nicky Dhillon and wife Elise Lee at their family home which they are selling.

Thinking of buying a bigger home? This could be the year to do it

Falling house prices in the Sydney and Melbourne markets would favour buyers, particularly those who are upgrading, while a slowdown in price growth in other capitals could also offer buying opportunities, experts say.

  • Nila Sweeney
An auction in Melbourne’s Albert Park last month. The Victorian capital recorded a big slump in the median property price.

House prices are falling for the first time in nearly two years

A slight decline in the median home value in December was powered by an outsize slump in Sydney and Melbourne. Economists and realtors expect it to continue.

  • Nila Sweeney

December 2024

Phill with wife Kerri Nixon is an investor who made 6-figure equity gains within 2 years.

10 suburbs for property investors to target in 2025

Investors can still score six-digit equity gain in 2025 despite the current housing market slowdown, but it requires thorough due diligence and smart property and area selection.

  • Nila Sweeney

Home sellers rake in record profits despite slowing market

More home sellers scored bigger profits in the September quarter, boosted by a broader lift in values nationally, but this could change next year, experts say.

  • Nila Sweeney

Best (and worst) housing markets of the year

The growth momentum in the affordable end of the market is likely to carry through next year despite rate cuts.

  • Nila Sweeney
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Bargain hunters could find heavily discounted houses in some of the most prestigious coastal suburbs as prices fall further.

The best beachside suburbs to grab a bargain before the year ends

As buyer demand dries out, sellers in these sought-after coastal suburbs are becoming more motivated to sell.

  • Nila Sweeney

Where price growth for apartments will outpace houses in 2025

Apartment price growth has lagged houses for decades, but this could change next year according to experts.

  • Nila Sweeney

Have we hit an inflection point in the housing market?

The latest results from CoreLogic show the housing market has entered a new phase.

  • Nila Sweeney

November 2024

How far will Sydney and Melbourne house prices fall in 2025?

High interest rates, unaffordable prices and increased listings are likely to send prices lower in 2025 in the country’s two biggest housing markets.

  • Updated
  • Nila Sweeney
Affluent niche: sales of apartments targeting downsizers are booming.

The suburbs where apartment price growth is blitzing houses

Unit values are rising faster than houses in almost two out of three suburbs nationwide as housing affordability worsens.

  • Updated
  • Nila Sweeney

High-income households locked out of half of the housing market

The latest data shows an income of $172,000 is only enough to buy half of the homes on offer in Australia. Four years ago, it would buy 80 per cent of the market.

  • Updated
  • Nila Sweeney
An auction in Melbourne on Saturday. Sales have been more difficult recently, agents say.

Listings soar in Sydney and Melbourne as homeowners run down savings

Spring is the traditional selling season. But a flood of properties hitting the market is being driven by persistently high interest rates, economists warn.

  • Michael Bleby and Joshua Peach

The cities predicted to miss house price downturn

The housing price dip in Sydney and Melbourne has intensified in the recent months, but this may not last long, experts say.

  • Nila Sweeney
House prices have dropped by as much as 9.7 per cent in some of Sydney’s premium suburbs as the downturn accelerates.

House prices fall in 40pc of Sydney suburbs

The city’s property market downturn is becoming more widespread as stock levels rise, borrowing capacity shrinks and affordability worsens.

  • Nila Sweeney
First out of the blocks: Villawood is marketing 12 boutique standalone homes at its Morphettville Racecourse development in Adelaide but says costs need to stabilise before it can sell more moderately priced apartments. 

Rising costs, longer lead times stymie unit sales

Higher construction costs – and longer build times – are holding back the development of cheaper flats, in another blow to housing affordability.

  • Michael Bleby
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Auction clearance rates dipped again this weekl

House prices under pressure as clearance rate dips to lowest this year

Just 63 per cent of homes sold under the hammer this past week, according to CoreLogic, while Domain recorded an even lower figure of 57 per cent.

  • Larry Schlesinger
Down 0.1 per cent in October: But Sydney is only in for a shallow decline, CoreLogic says.

Sydney house prices fall for first time in almost two years

The slowdown has been a long time coming but strong demand – and lower possible borrowing costs – mean the decline will be shallow, CoreLogic says.

  • Michael Bleby

October 2024

New homes in Wyndham Vale, on Melbourne’s fringe.

Name and shame plan to speed housing approvals won’t work, states say

Victoria, Queensland, WA and SA have rejected the idea of publishing the housing approval records of local authorities.

  • Michael Bleby, Tom Rabe and James Hall

The value of the housing market hits a record $11 trillion

The value of the country’s residential market is expected to rise higher in coming years, but the rate of price growth is poised to slow in the months ahead.

  • Nila Sweeney
House prices in many suburbs on the Northern Beaches are still sharply lower from their peaks two years ago, according to CoreLogic.

The undervalued suburbs where buyers can bag bargains

Home buyers could potentially nab a good deal in these undervalued housing markets.

  • Nila Sweeney

Original URL: https://www.afr.com/topic/sa-residential-property-hw0