Eight Months Of Growth Australia’s property prices have chalked up an eighth consecutive month of growth to reach a new record high. Data from PropTrack shows that median house prices rose 0.5% over August to reach $924,000, while median unit values are also up 0.5% to $683,000. The latest increases bring annual growth in the […]
Terry’s View The national sport of Australia is scapegoating, and nowhere is that rather sad part of our culture more in play than in the housing market. News media is saturating the nation with dire reports of the housing crisis and every day a scapegoat is held up before the national gaze to be shamed
Geelong Advertiser Peter Farago Geelong is back in the spotlight for homebuyers, with new data showing property prices are on the rise once again. A surge in buyer activity—particularly from interstate investors—has marked the city as one of the nation’s most attractive growth markets. According to Hotspotting’s Top 10 National Best Buys report, Greater Geelong
Herald Sun Nathan MawbyTim McIntyre Melbourne is edging closer to regaining its crown as a $1 million city, with PropTrack’s latest Housing Price Index revealing the city’s typical house value rose by nearly $3900 in August to $991,000. If this pace of growth continues through spring, Melbourne’s median house price could hit the million-dollar milestone
Frankly, thanks a million Price boost’s a shore thing Read More »
Regional Homes Approvals Plummet The number of homes being approved in Regional Australia is plummeting, according to a new report by the Regional Australia Institute (RAI). The Answer the Call for Regional Housing report shows approval numbers between 2000 and 2025 dropped by 21%. In the past 12 months, fewer than 48,000 homes were approved
Stamp Duty Costs Soar The cost of stamp duty is rising at a faster pace than incomes, with costs between 2.7 and 3.4 times higher across the eastern capitals since 2000. Domain analysis shows stamp duty payable on a median-priced house in Sydney was 44.5% of gross household disposable income per capita in 2000 and
Renewables Driving Regions Big renewables projects are driving a $23 billion increase in infrastructure spending in regional Australia, leading to more jobs and demand for property. Data from Macromonitor says wind, solar and transmission facility projects will push regional construction spending up by 19% between FY2025 and FY2027. In comparison, the spending in capital cities
Suburbs In Hot Demand New analysis shows the Australian locations where property prices are set to rise on the back of increasing demand. Data from PropTrack shows where the average number of key enquiries per listing is rising the most. Key enquiries include potential buyers emailing or calling the listing agent, or downloading documents. REA
FHB Deposit Reprieve The expansion of a scheme that allows First Home Buyers to purchase with a 5% deposit and avoid expensive Lenders Mortgage Insurance has fast tracked. Under the First Home Buyer Guarantee scheme the government guarantees the remaining 15% of the deposit with lenders. Previously, up to 35,000 people could apply to
Sentiment High Optimism about property values has hit its highest level in more than five years. Australian Property Investor Magazine’s Q2 2025 Property Sentiment Report shows there is strong sentiment that property prices will continue to rise. It says only one previous quarterly survey has ever had more respondents tipping property price rises over the
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