Yesterday
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
Buyer pays $190,000 above their own pre-auction offer to secure home
The vendor was happy with the strength of bids made during the campaign but pushed it to auction anyway – and it was worth their while.
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.
Where coastal property prices are hot
Despite an initial pullback in demand following severe storms or cyclones, house prices along the coast can show remarkable growth over the long term.
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.
Melbourne’s housing values snap 10-month decline
Melbourne and Hobart lead the abrupt recovery, while Perth, Adelaide and Brisbane slowed sharply.
February
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.
Home in ‘last affordable frontier’ goes for $760,000
Price growth may be slowing in this city, but some market niches are booming – precisely because other levels have priced buyers out.
Is the worst over for Melbourne’s housing market?
Pockets in the city are starting to bounce back as first home buyers and investors take the plunge, buyers’ agents say.
Slowing Perth, Brisbane housing markets boost affordability hopes
An improvement in housing affordability could drive demand back into the market, but is unlikely to spark a sharp rebound in prices, experts say.
January
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.
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.
The next capital city at risk of house prices falling
Weaker demand and substantial increase in available stock for sale could push prices lower in this city before rates fall, experts say.
Sydney’s six-year high in listings points to weak autumn market
The tide has changed for choice and buyers in the country’s largest city have the upper hand – at least, until rates fall.
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.
House prices are falling for the first time in nearly two years
A slight decline in the median home value in December was powered by an outsize slump in Sydney and Melbourne. Economists and realtors expect it to continue.
December 2024
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.