Renters Want Energy-Efficient Homes More than a third of tenants are willing to pay a higher rent to secure a property that already has energy-efficient features installed. The PropTrack Origin Renter Reality Report asked 4800 respondents if they are prepared to pay a higher rent for a home with smart energy features, and 35% say […]
Vacancy Rates Remain Low National vacancy rates have risen slightly, hitting 1.3% in June. This is up from 1.2% in May, with the lowest vacancy rate just 0.5% in Darwin and 0.6% in Hobart. SQM Research data shows that all capital cities have vacancy rates well below the 3% considered to represent a balanced market.
Listings Take Winter Break Residential property listings are down 3% compared with the same time last year, as they ease off during the colder months. The latest REA Group Listings Report shows that between May and June, listings have dropped by 9%. Darwin in particular has had a huge drop in listings, down by 37.9%
Where Buyers Are Desperate to Buy With listings down, competition is becoming fierce, with more than 100 potential buyers competing for properties in some suburbs. An analysis has been released of the list of the most popular markets for would-be home buyers throughout Australia. It is based on the number of “key inquiries” received for
Workers Want A Regional Change The number of capital city residents considering a move to the regions has nearly doubled in the past two years. Analysis by the Regional Australia Institute (RAI) shows 40% city residents would make the move, particularly if they could still do their existing job remotely. Of those people considering a
Echo Newspaper Midland, a suburb in Western Australia, has emerged as a standout performer in the latest Pulse report, ranking second among 50 of Australia’s most promising affordable markets. Co-authored by property research group Hotspotting and tax depreciation specialists Washington Brown, the report focuses on suburbs with rental yields between 6% and 7.6%—proof that strong
Building Costs High Brisbane is the most expensive place to build in Australia, according to the 2025 Global Construction Market Intelligence report. The report by Turner and Townsend says it now costs $5009 per square metre to build in Brisbane. Project director Tiffany Emmett says Construction costs in Brisbane rose 4.4% in 2024, and are
Top Dollar Sales Rising While housing affordability is a struggle for many, there is still a huge market for big-ticket homes throughout Australia. The number of properties that sold for more than $5 million in the past 12 months is on the rise, with 3295 changing hands, up 5.2% from the previous year. This
Prices At All-Time High Property values have hit all-time highs in almost half of Australia’s suburbs. Cotality data shows that almost 45% of suburbs now have record property values, with Queensland taking the lion’s share. Cotality economist, Kaytlin Ezzy, says the data for the second quarter of 2025 shows how widespread the current growth phase
Regional Markets That Are Still Firing The heat is yet to come out of Australia’s regional property market, with many still outperforming capital city and suburban markets. Analysis by PropTrack shows that there are 39 suburbs where property values increased by more than 10% in the past three months and the list is dominated by
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