First Home Buyers, Buying Australia’s more affordable property markets are experiencing an increase in activity. The PropTrack CommBank First-Home Buyer Report 2025 says many first-home buyers are finding a way to get into the market. PropTrack executive manager of economics, Angus Moore, says that many are seeking homes in more affordable areas or purchasing semi-detached […]
Regional Remain In Demand While Regional Australia continues to attract those moving from capital cities, the pace of growth is easing. The June 2025 Quarter Regional Movers Index shows that the number of capital-city people moving into the regions fell to its lowest level since the December 2019 quarter – dropping by 19.3%. Despite the
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
Auction Clearance Rate Climbs The winter auction market finished on a high last weekend, with volumes and clearance rates rising ahead of the start of the traditionally busy spring selling season. There were 2251 properties offered for auction last week, a 9% increase on the previous week and the highest level since early June, according
Tradie Shortage Drives Prices Up Housing supply will remain an issue and building costs will continue to rise until something is done to improve Australian tradie numbers, according to the Housing Industry Association. HIA Managing Director, Jocelyn Martin, says its modelling shows another 83,348 workers are needed across the top 12 trades in residential construction.
Rents To Keep Growing In good news for landlords, but not renters, capital city apartment rents are tipped to increase substantially in the next five years. CBRE’s Apartment Vacancy and Rent Outlook predicts growth across 53 precincts in Australian capital cities by 2030. It says 92% of two-bed apartments will have rents above $700 per
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 »
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