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Land Prices Growing Land prices are on the up, with new data revealing prices are growing at more than three times the rate of inflation. The latest HIA-Cotality Residential Land Report shows median land prices increased by 6.8% in FY2025. HIA Chief Economist Tim Reardon says the surge is a major obstacle to Australia meeting […]

Prices Hit Record High Australian property prices have hit a record high, chalking up ten straight months of growth. PropTrack data shows that nationally, dwelling prices rose 0.6% in October, resulting in medians 7.5% higher than a year ago. Almost all capitals now have record high median dwelling values, with Hobart and Canberra the exceptions,

FHB Lending Stalled New lending figures show only a 0.2% increase in loans to FHB in the past year. Money.com.au’s First Home Buyer Mortgage Insights report says there were 123,363 loans to first home buyers in the 12 months to June 2025. This means FHB activity is 31.7% below its September 2021 peak – a

Where Foreign Investors Are Buying Australian-based buyers may be put off by increasing taxes put on property investment in Victoria, but it hasn’t been enough to dissuade foreign investors. New data shows foreign investors are buying more properties in Victoria than in any other state. Data from the Australian Taxation Office’s first annual Register of

Australia’s Economic Powerhouses Western Australia has snared top spot for the fifth consecutive quarter on Australia’s economic leaderboard. The state tops the CommSec report, after being ranked first in four of eight economic indicators. Queensland climbed to second from third place, driven by a rebound in household spending, while South Australia slipped down to third

Million Dollar Markets The steady growth in Australian property values in recent years means one in three suburbs now has a median value higher than $1 million. The number of suburbs with $1 million plus medians has grown by 143% in the past five years, according to analysis by Cotality and is now common outside

Terry’s View: Most Don’t Want House Prices To Fall We hear a lot in the media about the desire to make housing more affordable, but when it comes down to it, the majority of Australians don’t actually want house prices to fall. A recent survey by Newspoll found more than a third (34%) of respondents

Auctions Gather Pace Auction clearance rates have hit a four-week high with increased activity across the major capital cities. The preliminary clearance rate hit 73.8% last week, after 2662 homes were put under the hammer. According to Cotality this is the highest number of properties offered for auction since early June, when 2,918 properties were

Where Properties Sell Fastest The time it takes to sell a house has risen slightly but new data shows properties are still selling incredibly fast in some locations. Cotality data shows the average days on market hit 30 days, in the three months to September – up from 27 days at the same time last

Regions Still Hot Demand has not yet eased for property in Australia’s regions with new Housing Industry Association (HIA) data labelling the move from city to country a “sustained trend”. The Housing the Regions report, says the movement stronger than it was during the height of the pandemic. The growing demand means housing policies need