Population Growth Equal Housing Demand While Australia’s population growth has slowed, it’s still high enough to have an impact on housing demand. Australian Bureau of Statistics figures show that Australia’s population grew by 1.6% in the year ending September 2025 to reach 27.7 million – 423,600 higher than a year earlier. Cotality head of research, […]
Blink and You’ll Miss Out Suburbs Despite doomsday predictions that rising interest rates will slow down property sales, new data shows many suburbs where properties are changing hands within less than two weeks. PropTrack data shows that strong buyer demand, combined with limited housing supply, is driving faster sales in many areas, which could lead
Cheaper Rents Harder To Find Cheaper rents are nearly impossible to find, with new data showing rental affordability has hit its lowest levels since 2008. The only glimmer of home, according to the realestate.com.au Rental Affordability Index, is in Victoria, where rental affordability improved slightly in the past 12 months. Rea Group senior economist Angus
Fuel Shortage Blows Out Construction Costs It’s not just fuel that could be in short supply if the war in the Middle East is prolonged, with the building industry warning that it could result in shortages of construction materials and price hikes. Builders are already looking for alternative routes for products out of Europe, according
Where Buying Units Beats Renting Rising rents mean there are still some capital city markets where weekly mortgage repayments are lower or the same as weekly rents. Cotality data shows that the average monthly mortgage repayment for units in some capital cities, such as Melbourne, Darwin, and Canberra, is lower than the median rent. Head
Changes For Buyers and Sellers New rules affecting buyers and sellers have been introduced across four states. Sellers in New South Wales will soon have to either give a price or price guide when advertising a property for sale with the State Government introducing new laws to improve transparency and crack down on underquoting. It
Granny Flats To Solve Crisis Granny flats could be the solution to Australia’s housing affordability crisis, according to the Housing Industry Association (HIA). It is calling for a national framework for granny flats and secondary dwellings to help ease housing affordability pressures. HIA Executive Director of Planning & Development, Sam Heckel, says there is a
Vacancy Rates Tighten There appears to be no let-up in the rental market with new data showing that vacancy rates dropped again in February. While the change was small – from 1.2% in January to 1.1% in February – the new figures reflect a very tight market across Australia. SQM Research says there are 34,572
Reason Behind Rate Rise The Reserve Bank of Australia has made its second consecutive monthly rate rise, revealing it has concerns about how the conflict in the Middle East and rising fuel prices will continue to affect inflation. Although it predicts that inflation will remain above target for some time, the vote to lift interest
Economic Growth Continues Australian Construction Outlook The construction industry is predicted to continue to grow in 2026 despite its challenges. Analysis by Planned Resources says demand is strong nationally, supported by public infrastructure, defence projects, renewable energy and housing demand. Although it warns that labour shortages, cost pressures and uncertain economic conditions continue to have
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