Housing Shortage Continues Despite a small increase in September, new home sales are at the lowest quarterly level in 18 months, according to the Housing Industry Association. New home sales increased by 3.4% over the month, but are down 17.5% in the September quarter, according to the HIA New Home Sales report which surveys Australia’s […]
Vacancy Rates Record Slight Rise National vacancy rates have increased slightly but remain very tight. According to SQM Research, the national rate increased to 1.4% in September 2026, up from 1.3% in August. This represents about 42,290 vacant dwellings – about 1250 more than the previous month. The national increase is driven in part by
Stamp Duty Discouraging Downsizers The high cost of stamp duty is one of the leading financial concerns for homeowners who want to downsize. The 2026 Downsizing Australia report says it can add tens of thousands of dollars to the cost of moving. A quarter of those surveyed for the realestate.com.au and GemLife report say it
Region Prices Hold Steady Regional home values are continuing to outperform their capital city counterparts. Regional dwelling values are up by 5.6% over the 12 months to October, while capital city values fell by 1.8% during the same period. Cotality research director Tim Lawless says not all capital city markets have recorded growth in the
Big Regional Push Continues The number of people moving from capital cities into regional Australia hit an equal-highest level in the June quarter. The Regional Movers Index shows that migration from cities to the regions is now at the same level it was during the Covid boom. Capital city residents moving to regional Australia continue
Housing Targets Slip Further From Reach Australia is at serious risk of not meeting its future housing targets, despite new figures showing a slight increase in dwelling commencements. ABS data shows that dwelling commencements rose 7% in the quarter to June 2026, with houses accounting for 11.6% of this growth. The start of construction on
Listings Rise in Smaller Capitals Property listings are rising in smaller capital cities and falling in larger markets. Analysis of listings on realestate.com.au shows listings are up by 17% in Brisbane, Perth and Adelaide and down by 16% in Sydney and Melbourne. Nationally, listings are down by 2% in the September quarter compared to the
Rent Growth Slows Although the pace of rental growth has finally slowed, asking rents remain at record highs throughout Australia. The national median advertised rent reached $675 a week in September, up 1.5% over the quarter, according to the latest REA Rental Report. The pace of growth in the previous quarter was 2.3%. REA senior
Investor Activity Changes Tack Investors are changing tack, turning away from existing properties and seeking out new homes and high-yielding assets. A larger share of investors are now inquiring about properties with higher rental yields than before the Federal Budget changes to investment taxes were announced, according to the PropTrack Terri Sheer Investors Report. Senior
Renovation Blitz Homeowners are spending up big on renovations with Brisbane crowned Australia’s renovation capital. With an average of $88.5 million worth of residential renovation work approved every month over the past five years, Brisbane LGA tops the list of LGAs according to the FurnitureTrader Renovation Boom. The Northern Beaches LGA in New South Wales
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