Today
Rising rates won’t hit home building in WA or Victoria, ABN Group says
Perth’s undersupply of housing relative to demand is so great that prices will keep rising “substantially”, the country’s second-largest home builder says.
- Michael Bleby
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
This $3.8m sale shows the pressures on downsizers
In a low-stock market, vendors want longer settlements. But the rising cost of living means they’re also putting more money into super when they sell.
- Michael Bleby
This school drop-out became a property magnate. Here’s how he did it
He was told he didn’t have the ‘capability’ to finish school. Now, Nigel Satterley has a $500 million empire that landed him on the Rich List.
- Julie-anne Sprague
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.
- 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
‘The worst is behind us’: buyers step up amid finals fever
The auction clearance rate eased only moderately despite the distractions of AFL and NRL grand finals in the two biggest markets.
- Nick Lenaghan
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
Mirvac has created a park that’s always full
Mirvac took four times longer to build a community park, but its success changed the way its development team works.
- Michael Bleby
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
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
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
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
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
The investment market drawing interstate buyers
In a recovering city where prices are rising, buyers from eastern states are still willing to pay more than locals.
- Michael Bleby
