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Tasmania residential property

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 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
  • 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

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

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
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The P&O-style house, Point Seymour, has sold for about $40 million.

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
Bright outlook: The sun is shining on the apartment sector once again, Master Builders Australia says.

Australia to fall 160,000 homes short of 1.2m target: Master Builders

The lobby group is keen to use touted state-federal co-operation to bring in reforms that will reduce development hurdles. 

  • Michael Bleby

House prices bounce right back in 30pc of suburbs

House values in nearly one out of three suburbs nationwide have all but recouped their losses, while unit values in more than two out five suburbs are now higher than they were before interest rates started rising in May last year.

  • Nila Sweeney

Sydney house price rise to hit 10pc this year as recovery firms up

Sydney house prices rose 1.1 per cent in August, defying expectations of a double-dip downturn in values, data from CoreLogic shows.

  • Nila Sweeney

August

Sydney house prices higher than a year ago

Sydney’s house prices returned to positive growth for the first time since values started falling last year, despite a marked increase in listings, says CoreLogic.

  • Nila Sweeney
Cronulla downsizers Bob and Colleen Otway. 

Downsizing – the housing solution that is just too hard

New figures show where Australia’s housing mismatch is greatest. But it’s not clear that this can be fixed before it’s too late.

  • Michael Bleby
Middle-ring suburbs account for the bulk of areas rejoining the million-dollar club as the recovery ripples out of the inner city, according to CoreLogic.

Housing affordability worsens as pool of million-dollar suburbs swells

The number of suburbs where homes are worth at least $1 million jumped by 10.6 per cent to 806 since values bottomed out in February, data from CoreLogic shows.

  • Nila Sweeney

Suburbs where house prices doubled in the past decade

House prices in nearly one in three Sydney suburbs doubled in the past 10 years, data from CoreLogic shows.

  • Nila Sweeney
Affordable and commutable regional centres such as Newcastle are poised to see strong demand from home buyers that are priced out of the capital cities.

The regional housing markets where prices are set to surge

Affordable regional housing within commuting distance to CBDs could see stronger price growth over the coming months, says CoreLogic.

  • Nila Sweeney

Sydney’s house price growth rate has peaked

Sydney’s house prices increased by 0.9 per cent in July, the smallest gain since values started rising in February, as the surge in fresh stock gives buyers more options.

  • Nila Sweeney
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July

Sydney house prices jump 5.3pc in three months

Sydney’s house prices rose by the sharpest quarterly increase since late 2021, fuelled by strong demand outpacing listings.

  • Nila Sweeney

Cash buyers flock to Melbourne CBD, Gold Coast apartments

Cash buyers piled into Melbourne’s CBD and the Gold Coast during the June quarter, snapping up more than 1000 apartments according to PEXA.

  • Nila Sweeney

Hundreds of holiday homes up for grabs as rates rise

Hundreds of properties in some of the most popular holiday locations in the country are expected to hit the for sale market over the next three months.

  • Nila Sweeney

Sydney’s house prices rise 1.7pc even as momentum slows

While the housing recovery has become entrenched, the outlook for prices have become uncertain as interest rates are expected to rise further.

  • Nila Sweeney

June

Pandemic-era buyers sell to avoid paying their mortgage

The effect of rising borrowing costs is hitting buyers, particularly those who bought late in the cycle and who have little equity in their homes.

  • Nila Sweeney