This Month
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
Victoria open to tax breaks to boost home building
Premier Jacinta Allan says her Labor government is open to pulling every lever available to boost housing supply, after developers called for taxation tweaks to boost investment.
- Gus McCubbing
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
Housing focus as Pallas warns of horror Victorian budget
Economists warn that Victoria has no choice but to cut spending in next week’s budget, after slugging businesses and property investors last year.
- Gus McCubbing
‘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
- Opinion
- Smart Investor
Melbourne property market is due for a comeback
Oxford Economics predicts the median Melbourne house price will grow 21 per cent over the next three years, outpacing Sydney’s forecast 18 per cent expected growth.
- Sam Tamblyn
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
Why Melbourne’s housing crisis will get worse before its gets better
Victoria’s population is growing faster than any other state but as housing demand outpaces supply and wage growth, its economic prosperity is at risk.
- Gus McCubbing
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
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
Housing angst: 840 days and still waiting on a planning permit
Melbourne architect Michael Smith warns that lengthy council planning approvals can kill good projects at a time when more housing is desperately needed.
- Gus McCubbing
NIMBY v YIMBY as Victoria’s housing crisis grows
A Melbourne council’s plan to increase “vibrancy” by prohibiting apartment developments unless they allow commercial space has been lashed by developers.
- Gus McCubbing
Sydney’s median house price to hit $2m, Perth $1m by 2027
Sustained housing shortage and strong demand from surging population would kickstart the next growth spurt, according to Oxford Economics.
- Nila Sweeney
Victoria has been targeting the same suburbs for 40 years
Nearly half of the Victorian government’s 10 suburbs slated for increased density have been targeted in multiple similar plans as far back as 1981.
- Gus McCubbing
The key to downsizing from a truffle farm to this $3.6m oasis
Sam Curwood has undergone a sea change where he swapped luxury farmland for a home closer to his boys’ school.
- Campbell Kwan
Four key Melbourne suburbs haven’t built a major project in five years
Developers are warning that overhauling planning powers alone won’t be enough to fix the state’s chronic housing crisis.
- Gus McCubbing
Rents rise 11pc in Victoria as investors flee: NAB
Victorian property investment declined last year while advertised rents increased by 11 per cent, according to new data from NAB.
- Gus McCubbing
Record-breaking house prices make early rate cuts ‘less likely’
Home values nationwide hit new peaks in March, boosted by strong gains in the more affordable markets, but rising prices could also delay rate cuts.
- Nila Sweeney
