Where FHBs Are Buying First home buyer activity is heating up with new entrants to the market rising. Data from Loan Market Group shows the number of new entrants into the property market rose by 36% in June compared to the same time last year. Victoria, in particular, had had a spike in first-time buyers, […]
Rates Don’t Rate a Mention Despite what some parts of the media may have us believe, interest rates are not a major influence on whether people buy or sell. A survey by InfoTrack shows that buyers and sellers are more focused on affordability. It says 45% of buyers and sellers say it is not a
Land Sales Drop As the cost of construction continues to rise, land sales have hit the lowest level in 25 years. The HIA-Totality Residential Land Report shows there were just 8,250 lots sold nationally in the March Quarter 2025. It says this coincides with the median price of residential land reaching a new high of
Axing Airbnb Won’t Free Up Rentals Placing restrictions on short-term rentals is unlikely to free up properties for long-term tenants, according to a survey of Airbnb hosts. The majority, 88%, say they won’t offer their homes to the long-term rental market even if stronger restrictions are introduced. About half of respondents say they will
Build To Rent Rising Build-to-Rent projects are becoming increasingly popular, with almost 30,000 apartments proposed or under construction. Analysis by advisory firm BDO shows the value of the market has grown by almost $9 billion or 40% in the past 12 months. It says there are almost 30,000 build-to-rent apartments proposed or under construction nationally
Weekend Gold Coast Bulletin Aleisha Dawson New research by iBuyNew and Hotspotting has revealed 22 property hotspots across Southeast Queensland poised for rapid growth ahead of the 2032 Olympic and Paralympic Games. On the Gold Coast, suburbs such as Southport, Labrador, Benowa, Ashmore, Molendinar, and Arundel are set to benefit from major infrastructure projects, including
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
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