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Tasmania residential property

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.

  • Nila Sweeney
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.

  • Nila Sweeney

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.

  • Nila Sweeney
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

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
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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
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

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
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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

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
The number of investor-owned unit listings surged in inner Melbourne and parts of Sydney, despite the overall declining trend according to CoreLogic.

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

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