Where Buying Units Beats Renting Rising rents mean there are still some capital city markets where weekly mortgage repayments are lower or the same as weekly rents. Cotality data shows that the average monthly mortgage repayment for units in some capital cities, such as Melbourne, Darwin, and Canberra, is lower than the median rent. Head […]
Changes For Buyers and Sellers New rules affecting buyers and sellers have been introduced across four states. Sellers in New South Wales will soon have to either give a price or price guide when advertising a property for sale with the State Government introducing new laws to improve transparency and crack down on underquoting. It
Granny Flats To Solve Crisis Granny flats could be the solution to Australia’s housing affordability crisis, according to the Housing Industry Association (HIA). It is calling for a national framework for granny flats and secondary dwellings to help ease housing affordability pressures. HIA Executive Director of Planning & Development, Sam Heckel, says there is a
Vacancy Rates Tighten There appears to be no let-up in the rental market with new data showing that vacancy rates dropped again in February. While the change was small – from 1.2% in January to 1.1% in February – the new figures reflect a very tight market across Australia. SQM Research says there are 34,572
Reason Behind Rate Rise The Reserve Bank of Australia has made its second consecutive monthly rate rise, revealing it has concerns about how the conflict in the Middle East and rising fuel prices will continue to affect inflation. Although it predicts that inflation will remain above target for some time, the vote to lift interest
Economic Growth Continues Australian Construction Outlook The construction industry is predicted to continue to grow in 2026 despite its challenges. Analysis by Planned Resources says demand is strong nationally, supported by public infrastructure, defence projects, renewable energy and housing demand. Although it warns that labour shortages, cost pressures and uncertain economic conditions continue to have
Economic Growth Continues Australia’s economic growth continues, rising by 2.5% in 2025 and up 0.8% in the December quarter. Australian Bureau of Statistics data shows that housing investment contributed 0.1 percentage points to GDP growth, with a rise in the construction of apartments and high real estate turnover. ABS head of national accounts Grace Kim
Prestige Property Proves Popular Demand for prestige property is surging, particularly high-end apartments in Australia’s eastern capitals, with sales of prestige apartments almost tripling in the past ten years. McGrath Research’s Michelle Ciesielksi says the number of listings for prestige properties remains low. “This has strengthened the prestige market, pushing prices higher, deepening competition, reshaping
Investor Borrowing Rises The share of lending to property investors is higher than it was five years ago, with new data showing investors accounted for 39.7% of loans nationally in the December quarter. Analysis of Australian Bureau of Statistics data by Cotality shows that during the quarter, first buyer lending fell despite the many government
Big Demographic Shift To Hit Housing The greatest demographic shift to impact housing in the coming decade will be millennials moving into their 40s, according to social demographer Bernard Salt. In 2026, there are 3.6 million Australians aged “40 something”, which will increase by 16% to 4.2 million by 2036. Salt says it is a
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