Confidence Up, But Don’t Expect A Boom The interest rate cut will support housing markets, but don’t expect a boom in housing prices until affordability improves. With the average variable rate for owner-occupier loans expected to fall to around 5.81%, reducing repayments on a $750,000 loan by $81/month, the rate cut is expected to lift […]
Midwest Times & Northern Guardian Oliver Lane Cost-of-living pressures and the desire to downsize are driving more families to move into regional Western Australia, according to new data published by a leading moving comparison website. Figures from Muval suggest that more than twice as many families are relocating to regional WA than leaving it. The
Sunday Mail Brisbane Courtney Snowden The race to buy in Brisbane before 2032 is on, with more than 1.5 million Australians expected to try and lock down their own slice of the River City before the Olympics comes to town. A new survey by Finder found that 7 per cent of Australians planned to buy
Rates Drop Again Interest rates have dropped again by 25 basis points, increasing the borrowing capacity of buyers and easing repayments for existing mortgage holders. The Reserve Bank of Australia (RBA) met this week and dropped the official rate to 3.85%. Many of Australia’s big banks had already started reducing the fixed rates they offered
Investment Sentiment High Queensland is overwhelmingly the top pick by property investors, with more than a third believing it has the best investment prospects in the next 12 months. APIM’s Property Sentiment Report Q1 2025 says 35% of respondents picked Queensland as their preferred investment location, 19% selected Victoria, while 14% selected Western Australia, New
$1 Million Properties On Rise Solid property price growth in recent years means a third of Australian homes are now valued at $1 million or more. New research from Cotality shows the portion of dwellings valued at $1 million or more has risen from 9.7% in April 2015 to 34.4% as of April 2025. This
Property Listings Drop The number of properties listed for sale has dropped in every capital city. New analysis by SQM Research shows listings are down 3.6% in April to 242,425 properties being offered for sale. Listings are down the most in Sydney and Canberra (7%), while Melbourne is down 4.5% and Hobart is down 3.5%.
First 15 Years of Mortgage Are Taxes The first 15 years of mortgage repayments by homeowners effectively only pays off the equivalent taxes and government costs associated with developing the property. HIA senior economist, Thomas Devitt, says government taxes, regulations and charges are costing Australians more than ever. In Sydney, half the cost of a
Toowoomba Chronicle Sophie Forster Nearly half of all homes in South East Queensland are now valued at over $1 million, with over 310 suburbs across the state crossing the millionaire median threshold. New data reveals 325 Queensland suburbs—spanning both houses and units—now have median prices above $1 million. Notably, Daisy Hill, Wynnum West, Beerburrum and
Bank of Mum and Dad Open The bank of mum and dad remains one of the key sources for young people buying property. The latest Mortgage Choice Home Loan Report shows 22% of Gen Z buyers funded their deposit with a cash gift from their parents. Mortgage Choice CEO Anthony Waldron says as property
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