Yesterday
Spike in auction volumes drags clearance rates lower
Preliminary clearance rates drifted lower across Sydney and Melbourne over the weekend as more vendors put their homes on the market.
- Nila Sweeney
May
The Young Rich Listers set to smash Queensland property records
Simon and Tah-nee Beard have listed their luxury penthouse for $30 million, more than double what they paid.
- Updated
- Julie-anne Sprague and Bonnie Campbell
Perth’s house prices to jump 21pc by 2025: NAB
The bank upgraded its house price expectations for Perth, Brisbane and Adelaide as values there accelerate.
- Nila Sweeney
Rising house prices, mortgage stress spark short-term resale
Recent home buyers are selling up their properties in droves to cash in on the recent windfall or to get out of financial trouble.
- Nila Sweeney
Why rising home listings in some suburbs may not spark price declines
Home listings are rising in some suburbs in Adelaide, Melbourne and Sydney, but this may not be enough to pull prices down.
- Nila Sweeney
Perth, Brisbane and Adelaide apartments poised to outperform
Fewer property valuers expect demand to rise in the next 12 months, but more are still predicting higher prices due to scarce supply.
- Nila Sweeney
Home buyers pay up to 53pc more for a ‘green’ home
Properties with eco-friendly attributes such as solar and double glazing are selling faster for more, according to Domain.
- Nila Sweeney
The top suburbs where home values have bounced out of decline
House prices in some top-end suburbs have bounced back from falls in the previous quarter as demand rises amid lack of stock.
- Nila Sweeney
Suburbs 100km from CBDs join upper echelon as prices surge
Strong demand for stand-alone homes during COVID-19 has catapulted a string of outer and previously affordable middle-ring suburbs to the top of the housing ladder.
- Nila Sweeney
Pace of house price growth to cool as risks emerge
House prices have recouped the interest rate-induced losses in the past two years and are poised to hit record highs this year, but downside risks are gathering pace, according to experts.
- Nila Sweeney
The suburbs where unit values are rising 11 times faster than houses
“Investors are snapping up apartments because they are more affordable and the yields are becoming quite attractive.”
- Nila Sweeney
$10b housing fund should be doubled, community providers say
The massive response to the federal government’s first tender to develop affordable and social rental housing shows more funding is needed, developers say.
- Michael Bleby
‘Bullet-proof’ house prices to keep rising despite higher rates
Chronic housing supply shortage would shield prices from sharp downturn if interest rates increase further, or stay higher for longer, experts say.
- Nila Sweeney
April
Property investors spooked by renewed talk of rates rise
Having recently returned to the housing market in droves – outpacing owner-occupiers – investors could face a potential slowdown in capital gains.
- Nila Sweeney
Median house prices in Brisbane and Adelaide to hit $1m by December
House price growth momentum has slowed across the capital cities, but is still expected to hit new records this year according to Domain.
- Nila Sweeney
Buying a unit cheaper than renting in only 11pc of suburbs nationwide
The number of suburbs where buying was cheaper than renting plummeted to just 2.5 per cent across Australia, and 10.8 per cent for unit buyers.
- Nila Sweeney
Buyer plays up strata cost fears before $2.47m apartment purchase
A local purchaser of a Gold Coast unit used the threat of an extra $25,000 special levy hanging over the property to try to put his rivals off.
- Michael Bleby
Cautious buyers drag down Sydney auction clearance rate
Strong auction results are becoming rare in Sydney as more buyers are reluctant to stretch their limits, agents say.
- Nila Sweeney
Housing affordability the worst in 20 years: ANZ
Soaring rents and record-high home values along with high interest rates have combined to create the worst buying and renting conditions in more than 20 years according to ANZ.
- Nila Sweeney
Two $17.5m house sales show top end strong as market softens
Buyer caution is growing as interest rates are expected to stay higher for longer, but that’s not worrying the top end.
- Michael Bleby
