Today
Rising listings, poor affordability slash house price growth
The rate fell by a third to 1.9 per cent across the combined capital cities during the September quarter, a new report from Domain shows.
- Nila Sweeney
This Month
Sydney, Brisbane, Perth house prices to rise 12pc this year
The rosier prediction comes as expectations for a wider housing market recovery over the next few years strengthen.
- Updated
- Nila Sweeney
More first home buyers tap government help to enter market
One-third of home buyers were supported by the federal government’s Home Guarantee Scheme in FY23, a significant increase on the previous year.
- Campbell Kwan
Rents soar to new highs as vacancy rate slumps to record
The residential rental vacancy rate plunged back to a new low of just 0.8 per cent nationwide over the September quarter, new data from Domain shows.
- Nila Sweeney
Byron Bay house prices drop by $250,000 in nine months
Declines in the NSW North Coast beach haven are accelerating as owners find it tough to hold on to their holiday homes.
- Nila Sweeney
Rate of house price growth eases at the upper end of the market
In the past three months, the premium end of the Sydney housing market posted the slowest reading since February.
- Nila Sweeney
Sydney home prices jump 11pc in nine months
Since bottoming out in January, prices in the NSW capital are on track to hit new highs by early next year, according to CoreLogic.
- Nila Sweeney
September
The CBA-backed start-up that wants to pay your home deposit
OwnHome plans to lend customers their deposit, but charges high interest rates and does not yet work with the major banks.
- Nick Bonyhady
Loss-making, short-hold listings surge across Sydney, Melbourne
The share of short-held listings selling at a loss has ballooned in the inner-city areas, reflecting their weaker performance in the past three years.
- Nila Sweeney
The toughest suburbs for Sydney renters revealed
These previously affordable housing markets are now becoming out of reach for many renters after rents surged in the past year according to Suburbtrends.
- Nila Sweeney
Melbourne house prices to jump 12pc in 2025
Higher demand and constrained supply is set to push Melbourne’s housing market to outperform Sydney over the next two years, KPMG predicts.
- Nila Sweeney
Small developers hampered by financing and planning hurdles
The cohort of small-scale developers say their national output could triple to 48,000 homes annually if financing wasn’t so difficult.
- Nila Sweeney
Victoria’s housing shake-up risks dampening property price growth
Property experts say new housing supply will likely pop up near public transport routes, in inner-city areas and in new suburbs, and may dampen capital gains.
- Nila Sweeney
Profit-making sales rise even as more recent homeowners bail out
With dwelling values still 4.6 per cent lower than they were before interest rates started rising, homeowners reselling within two years had incurred $30,000 loss on average.
- Nila Sweeney
Cut immigration to 200,000 to improve housing affordability: AMP
The level of immigration must be cut to less than half its current 500,000 level to avoid overwhelming efforts to boost supply, says AMP chief economist Shane Oliver.
- Nila Sweeney
How this cop got someone to pay for half his $1.6m home
Ben De Laroche had resigned himself to buying a shoebox apartment, but a tip from his girlfriend led to him getting the money for his “forever home”.
- Campbell Kwan
Buying a house cheaper than renting in only 3pc of suburbs
And only 6.5 per cent of all unit markets nationwide are more affordable for buyers than renters since interest rates started to rise.
- Nila Sweeney
Challenges increase for first home buyers as house prices rise
First home buyers who are unable to break into the housing market in the coming months may find it even more difficult to buy next year as prices rise further.
- Nila Sweeney
Distressed listings rise in mortgage belt areas
The proportion has almost doubled in some heavily mortgaged areas, amid signs some households are starting to buckle under interest rate pressure.
- Nila Sweeney
Neighbours warn buyers: We’ll oppose any changes to single family zoning on our street
Property specialists urge state governments to reform planning rules as an immediate step towards tackling the crisis.
- Nila Sweeney
