Wealth Up, CPI Down, Rates Steady Three different pieces of important financial data have been released in the past week, which show the broader impact property has on the Australian economy. Firstly, Australian Bureau of Statistics data (ABS) shows household wealth is increasing in Australia, rising 2.7% in the June quarter. Total household wealth has […]
Cranes Show Construction Strong Australia’s construction industry is still going strong, according to the latest Rider Levett Bucknall Crane Index, which shows an increase in the number of cranes on work sites throughout the country. The Q3 2025 index shows 845 cranes are operating on construction sites, with more than half, 498, on residential projects.
Terry’s View: Population Growth Stars Population growth is not the most important factor in real estate, but it is a major metric worth considering. Where population levels grow, inevitably demand for property grows, which can lead to price growth. Percentage-wise, Western Australia and Queensland are the leaders for population growth in Australia, but in terms
Hotspotting Welcomes Cameron Kusher Hotspotting is proud to announce the appointment of Cameron Kusher as Head of Research & Development, further strengthening our position as Australia’s leading independent real estate research and analytics business. With more than 20 years of experience, Cameron has held senior research roles at some of the nation’s most prominent property organisations.
Geelong Advertiser Peter Farago Young buyers are once again feeling the impact of rising investor interest in real estate. Hopeful first-time buyers were relegated to viewers as investment buyers contested a three-bedroom house in Geelong’s southern suburb of Grovedale. Hayeswinckle Highton agent Sophie Spowart said two bidders were competing over the phone, including a buyer’s
Vacancy Rates Remain Tight Vacancy rates held steady throughout August and remain at 1.2% with 37,742 vacant dwellings now across Australia. SQM Research data shows that nationally, the number of vacant properties only dropped by 121 between July and August. There have been some slight drops in Sydney, down to 1.4% from 1.5% and Hobart,
Property Investor Exit Fed up with rising costs and legislative uncertainty, a record number of property investors are exiting the market, according to the 2025 Annual Property Investor Sentiment Survey. The Property Investment Professionals of Australia (PIPA) survey shows that 16.7% of investors sold at least one property in the past 12 months, up from
Blink And You’ll Miss It Suburbs As the spring selling season takes hold, buyer demand and a lack of stock mean properties in some suburbs are changing hands within just a week or two. Townsville is the hottest market in Australia, with homes in some of its suburbs selling faster than anywhere else. PropTrack data
Profits Hit Record High While the number of sellers achieving a nominal profit dropped slightly in the past quarter, the amount of profit has lifted to record levels. Cotality’s June quarter 2025 Pain and Gain report shows the number of profit-making resales dropped to 94.8% from 95% in the previous quarter. The median profit achieved
Granny Flats In Demand Forget about media rooms and home offices, the most popular added extra buyers are after when searching for property is a Granny Flat. Analysis of online searches by Domain shows searches for the term “granny flat” are becoming more popular, as buyers seek out properties with some value add. In Sydney,
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