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Tasmania residential property

This Month

Average house prices surged 13.1 per cent a year in Howard’s 11 ½ years in power – far and away the biggest gain of any national leader in the past 35 years.

The best (and worst) PMs in house price history, and what it tells you

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.

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.

The pace of house price growth eased dramatically in Sydney as the number of new listings grew.

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

Nearly half of all apartments sold in central Melbourne during the December quarter were unprofitable due to poor capital gains, according to CoreLogic.

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.

Richard Laettemaegi in Melbourne.

Melbourne’s housing values snap 10-month decline

Melbourne and Hobart lead the abrupt recovery, while Perth, Adelaide and Brisbane slowed sharply.

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February

There are many tax incentives for residential property investment, but not so much for investment in innovative enterprises.

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.

January

Christian Cuneo in Mereweather Beach Newcastle.

Second wind for regional housing markets as exodus resumes

High costs of living and soaring house prices are fuelling another wave of regional migration, experts say.

A February rate cut will boost sentiment and help shorten the duration of the housing downturn, experts say.

Sydney’s housing downturn could end before election

The downturn in Sydney could end within months as interest rates drop, while Melbourne’s housing market is on track to recover earlier than expected.

Sydney, Melbourne to lead house price gains next year: KPMG

By December next year, Sydney is tipped to reclaim its top spot, with house prices expected to jump 7.8 per cent, followed by Melbourne’s 6 per cent gain.

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.

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.

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.

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.

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.

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.

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Have we hit an inflection point in the housing market?

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

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.

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.

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.

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.

Original URL: https://www.afr.com/topic/tasmania-residential-property-hw1