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
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
Sell in the first two weeks, or wait? They sold, for $2.35m
There were many people looking, but few buying. When the vendor of this Sydney home secured two potential buyers, they acted. Quickly.
- Michael Bleby
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 suburbs where profits from home sales surged
Profits from residential property sales rose to a new peak but could soon hit a limit, according to CoreLogic.
- Nila Sweeney
This is why a Sydney unit costs $240k more to build than in 2018
It now costs 36 per cent more to build an average apartment in Sydney than it did in 2018, the NSW Productivity Commission has found. Here are three reasons why.
- Campbell Kwan
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
- Exclusive
- Luxury property
Darling Harbour apartments with ‘unparalleled’ views to trigger price-war
The double-storey apartments that will overlook Sydney’s Darling Harbour are set to be the newest luxury properties to enter the city’s high-altitude wars.
- Bonnie Campbell
Why spring property is turning in favour of Sydney buyers
For the first time in years, house buyers have an edge. The fear or missing out has eased with prices moderating in Sydney and falling In Melbourne.
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
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
Adelaide, Perth overtake Melbourne home values
The shift in ranking was partly compositional, but it also reflected Melbourne’s deepening downturn.
- Nila Sweeney
One-bathroom house beats reserve by $1m, but property slowdown looms
Analysts say mortgage stress is one of the likely reasons more houses are being offered for auction, and warn it could lead to prices stalling or even falling in some places.
- Nila Sweeney
August
Where home buyers can score the biggest bargains now
House sellers are slashing their prices by hundreds of thousands of dollars as fresh listings rise before spring.
- Nila Sweeney
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
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