Today
3 charts that show why housing is a key battleground for PMs
Residential property values have surged almost five times as much under Coalition governments than Labor ones over the past 35 years. Here are the reasons.
Yesterday
Albanese offers first home buyers 5pc deposits, fuelling demand
The new policy is a dramatic expansion of the government’s first home guarantee scheme as Labor seeks to grab voters’ attention on the issue of housing.
This Month
Melbourne’s auction clearance rate hits nine-month high
The housing market seems to be defying the gloom and fear that has taken over sharemarkets in the past week, say agents and analysts.
The suburbs where house prices are rising (and falling) the most
House prices are climbing across more suburbs in Sydney and Melbourne as the recovery gathers steam.
‘Abandoned mansion’ sells for $26m, breaking suburb record
Retiring Sydney developer Oscar Gonzalez and his wife Maria have paid a suburb record of $26.1 million for an empty Hunters Hill mansion.
Home prices climb to record high
The February interest rate cut has revived confidence and boosted demand, despite only a small improvement in affordability.
March
Housing market recovery gathers steam
With a helpful kick from the Reserve Bank’s first interest rate cut, Sydney and Melbourne house prices are climbing once again after modest recent declines.
Wealthy suburbs turn to buyers’ markets as house prices slump
Deep-pocketed home buyers could land discounted houses in the country’s most expensive markets where prices have fallen over the past 12 months.
Last quarter’s least and most profitable housing markets revealed
Home sellers racked up record profits in the December quarter, but apartments delivered losses for many owners in Melbourne and Sydney.
Melbourne’s home buyers turn bullish after rate cut
The city’s housing market recovery is forecast to gather steam as buyers embrace a better borrowing environment.
Billionaire Melbourne Cup winner offers $22m Melbourne penthouse
Billionaire businessman Lloyd Williams has listed his lavish Melbourne penthouse, while Archibald-winner Del Kathryn Barton has sold her Paddington terrace.
The prestige suburbs leading Sydney and Melbourne rebound
Affluent Sydney and Melbourne suburbs are posting solid rebounds in price after previously suffering the largest declines from their peaks.
Melbourne’s housing values snap 10-month decline
Melbourne and Hobart lead the abrupt recovery, while Perth, Adelaide and Brisbane slowed sharply.
Sydney two-bedroom house beats reserve by $725k as demand rises
Preliminary clearance rates held above the 70 per cent mark across Sydney and Melbourne amid signs demand is steadily returning after the rate cut.
February
Office tower to apartment block: Inside the new push to fix housing
Planning reforms in Australia’s two biggest states have sparked political backlash, but will buyers and developers fill in the missing middle?
Which suburbs have become affordable after the rate cut?
A number of desirable suburbs that were previously unaffordable are now within reach for high-income and median-income earners, according to CoreLogic.
NSW land values just hit $3trn. Why the record high is ‘not healthy’
Valuer general Sally Dale is not cheering the ‘unprecedented’ surge, acknowledging the added strain on home buyers.
Bellevue Hill trophy mansion has $25m price guide
The sale offers buyers the chance to own a home designed by acclaimed architect Leslie Wilkinson, while a $12m Spanish Mission mansion with harbour views is on offer in Mosman.
Socialite Nadia Fairfax buys $11.5m pad to join Centennial Park elite
Fashion influencer Nadia Fairfax-Wayne and her financier husband Michael Wayne have upsized to the blue-chip suburb in Sydney’s inner east.
Bailador backs $100m property AI app challenging buyers agents
PropHero matches investors with properties in Australia, Indonesia, Ireland and Spain and claims to have outperformed the market on every investment.