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Nila Sweeney

Reporter

Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au

Nila Sweeney

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.

This Month

Sydney house prices are poised to increase by around 12pc  this year and by another 5pc next year.

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

Where to find the cheapest properties to rent near the CBDs

These are the suburbs where tenants can still rent a house for under $500 a week and units for less than $400.

Where property demand is set to soar

Australia’s population tipped to boom by more than 7.4 million over the next two decades, sending demand for dwellings soaring.

Units in Perth are achieving some of the highest rental returns and capital gains in the country according to CoreLogic.

The suburbs handing landlords 17pc capital gain and $20k cash flow

Rentals that are earning enough to cover the interest repayments can still be found in more than 80 suburbs nationwide, data from CoreLogic shows.

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The tree change suburbs turning into buyers’ markets

Gippsland-South West in Victoria, South Coast and Inverell in NSW, and West Coast in Tasmania are now offering buyers plenty of options, according to Suburbtrends.

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Suburbs with the highest granny flat potential

More than 655,000 granny flats could be built across the country straight away to help alleviate the housing shortage.

Investor exodus gathers pace in Melbourne, Sydney

More investors are bailing out of inner Melbourne and Sydney markets amid weak capital growth and large increase in holding costs.

Sydney Metro boosts apartment premium by up to 20pc

Apartments along Sydney’s new Metro stations are poised to outperform similar properties in neighbouring suburbs.

Slowdown in home building costs to help ease inflation

The sharp slowdown in the rate of growth in home building costs should help counteract some of the inflationary impact of higher rents and reduce the risk of further rate rises.

Vacancy rates plunged back to record lows in most capital cities.

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.

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.

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.

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.

September

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.

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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.

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.

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.

Sydney house beats reserve by more than $700,000

Preliminary clearance rates rose across the board, with Sydney lifting to 74.4 per cent, the highest since August according to CoreLogic.

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.