Overseas Students Aren’t Behind Rent Rises Analysis by the Reserve Bank of Australia shows that, contrary to popular opinion, overseas students are not having a big impact on rent increases. The analysis says the post-COVID international student boom only increased rents and inflation “marginally”. “Models of the housing market used by the RBA suggest that […]
Australia’s Most Wanted – Suburbs New analysis shows where properties are so in demand that they are being snapped up at a rate of more than one day. In Sydney, Blacktown, Marsden Park and Castle Hill house markets all chalked up more than 365 sales in the past 12 months. While in its unit
Auctions Shake Off Winter Chill Australia’s auction market has managed to shake off the winter chill with clearance rates holding steady. Nationally, the preliminary auction clearance rate has been above 70% for eight consecutive weeks and was 72.3% last week, according to Cotality figures. The previous week it was 74.7% which is the highest rate
Forget Taxes, Fix Supply The Housing Industry Association is urging policymakers to prioritise increasing housing supply over changing investor taxes, such as negative gearing. Its comments follow the release of a new report by the McKell Institute recommending changes to taxes on property investors. HIA chief economist Tim Reardon says the core cause of the
Prices Continue To Rise Australia’s housing market has hit a new high, with property prices rising in almost every capital city and region over July. PropTrack data shows dwelling values nationally rose everywhere but the ACT (down 0.2%) during July, leading to 4.9% year-on-year growth. It says nationally the median dwelling price is now $827,000,
Australia’s Top Economy Western Australia has once again been named as Australia’s strongest-performing economy. It’s the fourth consecutive quarter that the state has taken out the top honours in the CommSec State of the States report. South Australia secured second spot. The quarterly State of the States report identifies which Australian state or territory economy
Rental Growth Slows The pace of rental price growth has slowed further since the start of the year. Cotality’s Quarterly Rental Review shows rent growth eased from 1.7% in the first quarter of the year to 1.3% in June – the lowest second-quarter increase since 2020. Rents are continuing to rise, but not at the
FHBs In The Market Rising property prices are not deterring first home buyers (FHB) from entering the market, with new figures showing a 3.8% increase in loans in the past year. The First Home Buyer Mortgage Insights report from Money.com.au reveals there were 125,036 first-home buyer loans issued in the year to March. Money.com.au property
New Home Sales High Australia’s new home sales have hit a three-year high, despite the rising costs of construction. According to the Housing Industry Association’s New Home Sales report, in the June quarter, new home sales across Australia increased by 18.8%. HIA Chief Economist Tim Reardon says it is the strongest performance for new home
Terry’s View – Drilling Down Reveals the Real Winners Most analyses of what is happening in the Australian property market really don’t capture how strongly individual markets are performing. For example, the major data companies report that “Australian property prices” rose about 5% in FY2025. Based on that figure, you can understand why many come
Terry’s View – Drilling Down Reveals the Real Winners Read More »
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