Few Believe The Price Guides
Australians are highly cynical about the price guides on listed properties, with most expecting the eventual sale prices to be much higher than advertised. A new survey indicates only 19% [...]
Govt Ramps Up Buyer Schemes
First-home buyers and single parents are now able to get into property with a smaller deposit or at a higher price point. On 1 July, 30,000 new spots were released [...]
June Data Shows Prices Soaring
House prices continue to grow strongly. The CoreLogic Home Value Index published on 1 July shows prices rose on average 2.1% in June, 6.7% in the June Quarter and 13.6% [...]
Qld Leads Sales Uplift
Australia’s booming property market has seen a record number of transactions and price growth, a new report reveals. Digital property settlements platform Property Exchange Australia (PEXA) has released its Property [...]
Single Women Rise As FHBs
Despite earning on average 13% less than men, single women are becoming a significant force in the housing market. Analysis by mortgage broker Loan Market has found the proportion [...]
Homes Lift Wealth To Record High
Despite all the disruption caused by the pandemic lockdowns, Australia’s net wealth has recovered quickly from the 2020 slide to reach record levels. Thanks to booming house prices, a rising [...]
FHB Lending Hits Record
Lending by National Australia Bank to first-home buyers has hit a new record high, although buyer enthusiasm for regional properties has slowed compared to last year’s rapid growth. NAB says [...]
Buyers Seek Larger Homes
The pandemic has driven structural change in housing patterns and one-fifth of the customers of Stockland, the country’s largest listed residential developer, choose to live further out from cities than [...]
218 Locations Pass $1 Million
CoreLogic’s inaugural Million Dollar Markets report has identified 218 markets where either house or unit median values in a suburb reached the million- dollar-mark in May 2021 compared to May [...]
Rents Rise As Vacancies Fall
Rents are rising across Australia as vacancy rates continue to fall to unprecedented lows. SQM Research reports that the national vacancy rate fell to 1.8% in May, compared with 2.5% [...]