Call For Stamp Duty Relief Master Builders Australia is calling for stamp duty to be lowered for all first home buyers, so they can more easily afford to enter the market. In a submission to a Senate inquiry into Intergenerational Housing Inequity, Master Builders chief economist Shane Garrett says high stamp duty bills often led […]
Foreign Investment In Property Slows The number of foreign buyers purchasing Australian properties has slowed, as the Federal Government’s extended ban on purchases of established dwellings takes effect. There has been $3.7 billion in foreign investment in Australia’s residential housing market in FY2026 to date which is equivalent to 2,326 properties. But Real Estate Institute
Australia’s Next Townhouse Hotspots New approval data shows where Australia’s next townhouse spots are likely to be. Australian Bureau of Statistics figures show that the Melbourne West region received more building approvals for townhouses than any other location – 2,196 in the 12 months to April 2026. Melbourne regions take out the top three spots
Building Approvals Drop Building approvals have dropped for the second consecutive month. Approvals fell by 3.4% in April to 16,710, according to Australian Bureau of Statistics (ABS) data, following a 10.5% drop in March. New South Wales approvals are down the most – 9.5%, followed by Western Australia (-7.4%) and Victoria (-3.9%). The smaller capital
A Slither of Rent Relief Emerges In good news for tenants, there has been a slight decline in rents – although the relief may be short-lived. PropTrack data shows that nationally median rents dropped in 311 house markets and 154 unit markets in the 12 months to May 2026. REA Group senior economist Anne Flaherty
Population Hits 28 Million Australia’s population has hit 28 million people – that’s 10 million more than in 1995. This is despite our fertility rate plummeting in the past decade to 1.48, which means couples are not replacing themselves. The Australian Bureau of Statistics (ABS) Population Clock shows the most recent million were added in
Price Guide Blowouts New analysis has found that some homes are selling for up to 70% more than their price guides. Data compiled over six months by property app Homer shows that in some cases the eventual sale price is more than $100,000 above the original price guide. The analysis compared the published price guides
Reno Appetite Grows Australia’s appetite for renovation is continuing to grow despite increasing materials costs. National Australia Bank data shows that renovation loan demand is up by 16% in the 12 months to April 30. It says Queensland owners in particular are keen to renovate and upgrade their homes, with a 25% increase in renovation
Sunday Mail Brisbane Units winning the rent race by Aleisha Dawson South East Queensland apartments are now beating houses on rent price growth in 69 suburbs, and experts say the Brisbane 2032 Olympics will only accelerate the divide. The latest Rise and Rise of Apartments report from Nuestar and Hotspotting showed rental growth for apartments
Sunday Herald Sun Scene set for units boom by David Bonaddio Melbourne’s apartments, units and townhouses, long treated as the cheaper Plan B for buyers priced out of houses, could be the surprise winners of rising rates and government tax moves. A $382,000 gap between the city’s houses and its apartments has the latter expected
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