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WA residential property

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

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
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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
Perth property developer Nigel Satterley.

Melbourne is ‘dead’, says property mogul

Nigel Satterley, Australia’s biggest private residential land developer, dismissed fears the good times are over for Perth’s property market.

  • Tom Rabe

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

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
Land for housing is at an all-time low, as demand grows.

Adelaide, Perth overtake Melbourne home values

The shift in ranking was partly compositional, but it also reflected Melbourne’s deepening downturn.

  • Nila Sweeney

August

Property boom is a sign of wealth for those who own a home.

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

The suburbs where every seller pocketed $1m profit

Residential profits surged to a record high in the past financial year, boosted by strong price gains, according to Domain.

  • Nila Sweeney

Mortgage stress warning as owners sell despite falling prices

Home vendors in some pockets of regional Victoria are facing the toughest selling conditions in the country.

  • Nila Sweeney

Why Brisbane’s housing market could be the next to ease

Pockets of weakness are finally emerging in Brisbane, Adelaide and Perth, the star performers of the nation’s remarkable housing boom.

  • Nila Sweeney
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House prices in Byron Bay struggled to recover from the recent downturn according to CoreLogic.

Houses at $500k discounts in these prestige regions

House prices in popular areas such as Byron Bay have slumped by as much as $570,000 since peaking two years ago.

  • Nila Sweeney
More than three out of 10 suburbs are now fetching more than a million dollar median house price, with 34 suburbs joining the club in the past 12 months according to CoreLogic.

Share of $1m suburbs blows out in Perth, Adelaide, Brisbane

The share of suburbs across Australia with a median house price of more than $1million is poised to surge in the next six months.

  • Nila Sweeney

The most expensive house sales outside Sydney

Recent sales of premium homes in top regional areas could challenge Sydney’s status as the country’s most expensive housing market.

  • Nila Sweeney
Growth in unit values was greater than for houses in more than half of all Sydney suburbs, CoreLogic data shows.

Unit prices rising faster than houses in 60pc of all suburbs

Units are predicted to continue to outperform houses in the foreseeable future, even as the gap in values widens.

  • Nila Sweeney
The ongoing slump in the housing market is making life tough for consumers and retailers alike.

Two surprising cities to pass Melbourne home values within a month

The shift in the ranks comes as prices continue to increase sharply across Adelaide, Perth and Brisbane, while Victoria’s capital and Sydney weaken.

  • Nila Sweeney

Original URL: https://www.afr.com/topic/wa-residential-property-hw3