This Month
Sydney, Melbourne house prices diverge as rates reshape market
The country’s two largest cities suffered during the first half of the year, but a pick-up since rates started easing has them both on a growth path.
May
Agent sells her own $21.5m home for a record
Real estate agents can be surprised when they get an unexpected offer – even on their family property, as just happened in Perth.
Sydneysiders need $235,000 income for affordable housing: Jarden
Home buyers nationally need to earn an average of $161,000 to access an affordable home across the country according to a new report. In Sydney, it’s $235,000.
House prices hit a new high ahead of the election
House price growth is poised to gather steam next week and another interest rate cut this month, according to analysts.
April
The electorates where house prices rose (and fell) the most
One in 15 electorates jumped more than 30 per cent since May 2022, but values fell in 60 seats according to a new analysis.
The suburbs where house prices hit records
Expectations of deeper rate cuts along with demand-boosting Labor and Coalition housing policies could spark a sharp increase in prices this year, say analysts.
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.
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.
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.