Pace of Growth Increases The pace of property price growth increased in the second quarter of 2025, with the latest data showing that dwelling values are up for a fifth consecutive month. Nationally dwelling values rose 1.4% in the June quarter, compared with 0.9% in the previous quarter. The latest results mean all capital city […]
Terry’s View – Property Pushes Up Wealth Rising property prices have helped drive up Australia’s household wealth to record levels, surpassing $17 trillion for the first time. According to Australian Bureau of Statistics figures, household wealth has jumped 57% in the past five years, from $11 trillion in 2020 to $17.3 trillion in the March
Illawarra Mercury Brendan Crabb Gary and Angela Becroft were drawn to the laid-back coastal charm of Wollongong, recently settling into a two-bedroom apartment in the PARQ on Flinders complex. For them, it wasn’t just about beachside living – it was about making a smart property move. “Wollongong’s relaxed coastal environment, temperate climate, and close proximity
Herald Sun, Melbourne David Bonaddio A new report has revealed a stark warning for buyers chasing the wrong markets — house and unit sales have crashed in 10 Victorian suburbs, with some seeing volumes halved in just a year. According to Hotspotting’s Winter 2025 Price Predictor Index, once-buzzy areas like Glen Waverley, Doncaster, and Geelong
Daily Telegraph, Sydney Aidan Devine Once considered a safe haven for homebuyers priced out of the inner city, Sydney’s middle-ring “mortgage belt” suburbs are now showing signs of market fatigue. Areas like Auburn, Granville, Lidcombe, and Wentworth Point, which once offered relative affordability, have seen years of rapid price growth that defied rising interest rates.
Small City, Big Result One of Australia’s smaller capital cities has been named as the best performer for house price growth in the past 20 years. The latest Australian Property Institute (API) valuation report says Adelaide houses had an average growth of 175% between 2005 and 2024. Australian Property Institute Chief Executive John Winter says
Population Surges Australia’s population is continuing to grow, with Western Australia the most popular destination. New data from the Australian Bureau of Statistics shows that in the final quarter of 2024, Australia’s population grew by 91,133 people to reach 27,400,013. It is up by almost 450,000 over the year. In the past quarter, Western Australia
Market Sentiment High The majority of investors are confident about the performance of the property market in the coming months, a new investment report shows. The Momentum Wealth Property Sentiment Report 2025 shows that despite significant price increases in the past two years, Perth remains a favourite location for interstate investors. Melbourne is the second-favourite capital city
New Home Sales Hit High Sales of new homes hit a 13-month high in May, according to the Housing Industry Association’s New Home Sales report. The report, which is compiled by surveying the largest volume builders in Australia, says new home sales are up by 6.9% during the month. HIA Senior Economist, Maurice Tapang, says
Profits Hold Steady The vast majority of property sellers in the first quarter of 2025 did so for a profit. Cotality’s latest Pain and Gain report shows 86,000 established dwellings sold during the quarter and of those, 94.9% sold for more than the original purchase price. Sellers made a median gain of $305,000. Of the
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