Today
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
Yesterday
Where cash buyers are splurging billions on property
More than 141,000 residential properties were sold without a bank loan involved in FY24, according to PEXA.
- Nila Sweeney
This Month
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 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
Buyers switch to apartments amid affordability crunch
As the affordability of houses worsens, the demand for units and townhouses is expected to increase, fuelling price rises, according to experts.
- Nila Sweeney
October
Housing market on the cusp of another boom
Better sentiment and tax cuts have pushed Sydney’s median house price to a record $1.65 million. Falling rates will boost the market even more, Domain says.
- Michael Bleby
The Sydney suburbs where homebuyers are seeing fair value
New Domain research has revealed the Sydney suburbs where buyers’ median search prices are the same or higher than listing prices.
- Campbell Kwan
- Opinion
- Property development
Australia is getting serious about the housing crisis
Young people, parents and grandparents should all have a stake in fixing arguably the No.1 economic and social challenge.
- John Kehoe
BCA urges $10b housing fund as building target slips
The Business Council of Australia wants the federal government to stump up cash to help states fix the bottlenecks holding back housing development.
- Gus McCubbing
Unliveable apartment with no kitchen sells for a ‘surprising’ $3.3m
Buyers, gaining confidence about the direction of the market and interest rates, are starting to spend big. Especially on dumps in great locations.
- Michael Bleby
Auction clearance rates tipped to fall as listings rise
Preliminary clearance rates rebounded over the weekend, but the market is still headed for further slowdown as more properties get put up for sale.
- Nila Sweeney
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
The undervalued suburbs where buyers can bag bargains
Home buyers could potentially nab a good deal in these undervalued housing markets.
- Nila Sweeney
Investor demand for homes outstrips supply
More investors are entering the market than are bailing out, as expectations grow that interest rates will be cut within months.
- Nila Sweeney
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
Buyers pay $9.3m for home that needs $1m reno
In a time of high construction costs, property hunters competed for a house that needed a lot of work – but it was still cheaper than the alternative option.
- Michael Bleby
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
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