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australian property market

  • House Prices to Increase Another 5 Percent by Year’s End: KPMG
    House Prices to Increase Another 5 Percent by Year’s End: KPMG
    KPMG expects a rise of 5.3 percent across capital cities and 4.5 percent across the country by December.
    June 28, 2024BY Rebecca Zhu
  • International Students Should Not Be Blamed for Property Crisis: Report
    International Students Should Not Be Blamed for Property Crisis: Report
    Student Accommodation Council noted that rents began rising in 2020 when migration was prohibited by travel bans and ...
    May 4, 2024BY Celene Ignacio
  • Australian Business Leaders Call for Government Action on Housing Supply
    Australian Business Leaders Call for Government Action on Housing Supply
    'Government has a role in building houses to help remedy the housing shortage, but it’s housing affordability that ...
    January 7, 2024BY Nick Spencer
  • Australian Property Market Set to Rebound, Says Real Estate Group Report
    Australian Property Market Set to Rebound, Says Real Estate Group Report
    Australia’s property market is showing signs of a rebound despite a series of the largest and fastest interest ...
    August 12, 2023BY Lis Wang
  • Australians Return to Capital Cities After Lockdowns, Driving Rental Competition
    Australians Return to Capital Cities After Lockdowns, Driving Rental Competition
    Australians and overseas visitors are returning to the cities after lockdowns, with a new report showing enquiries for ...
    January 20, 2023BY Rebecca Zhu
  • Australian Unit Values Falling at Fastest Rate in 40 Years: CoreLogic
    Australian Unit Values Falling at Fastest Rate in 40 Years: CoreLogic
    The value of units across Australia’s capital cities is falling at a faster rate than what was seen ...
    September 27, 2022BY Rebecca Zhu
  • New South Wales Land Tax Plan to Cover Most Home Sales
    New South Wales Land Tax Plan to Cover Most Home Sales
    More than eight out of ten homes sold in Australia' state of New South Wales would qualify for ...
    September 24, 2022BY AAP
  • Australian House Values, Rental Vacancies Continues Decline
    Australian House Values, Rental Vacancies Continues Decline
    Australia’s rental market remains tight as the residential property market continues trending downwards. Rental vacancies in the CBDs ...
    August 19, 2022BY Rebecca Zhu
  • More Australians Feeling the Crunch From Rental Crisis
    More Australians Feeling the Crunch From Rental Crisis
    Helen Howell is planning to pitch a tent outside her mother's house in Launceston if she can't find ...
    May 14, 2022BY AAP
  • Australian Rental Crisis Worsens, National Vacancy Rate at Lowest Level Since 2006
    Australian Rental Crisis Worsens, National Vacancy Rate at Lowest Level Since 2006
    Australia has entered into a deep rental crisis, with tenants facing increasing competition for the diminishing pool of ...
    April 15, 2022BY Rebecca Zhu
  • You’re Wrong Premier Dan Andrews, Young Aussies Still Dream of Owning Homes
    You’re Wrong Premier Dan Andrews, Young Aussies Still Dream of Owning Homes
    Commentary The ability to own one’s home is central to the Australian way of life. Saving up for ...
    March 25, 2022BY Sherry Sufi
  • Sydney and Melbourne Property Markets Cool as 1 in 10 Homes Sell at Discounted Price
    Sydney and Melbourne Property Markets Cool as 1 in 10 Homes Sell at Discounted Price
    Around 10 percent of homes in Sydney and Melbourne were sold at a discounted price in February as ...
    March 21, 2022BY Rebecca Zhu
  • Brisbane Flooding Will Hit Property Prices but Difficult to Predict Long-Term: Experts
    Brisbane Flooding Will Hit Property Prices but Difficult to Predict Long-Term: Experts
    House prices in flood affected areas of Brisbane will take a short-term hit, but it was difficult to ...
    March 6, 2022BY Rebecca Zhu
  • Difference Between House and Unit Prices at All-Time High in Australia
    Difference Between House and Unit Prices at All-Time High in Australia
    The gap between Australia’s house and unit prices has reached record high in January of 28.3 percent after ...
    February 17, 2022BY Rebecca Zhu
  • Steeply Rising Building and Renovating Costs To Hit Australians
    Steeply Rising Building and Renovating Costs To Hit Australians
    Australians across the countries have endured a hike of 7.3 percent in residential construction costs in 2021, the ...
    February 15, 2022BY Alfred Bui
  • New Loans Pick up as Australian House Prices Continue to Grow
    New Loans Pick up as Australian House Prices Continue to Grow
    New Australian housing mortgage commitments rose 4.4 percent in December to a record high value of $32.8 billion ...
    February 1, 2022BY Rebecca Zhu
  • Australia’s National Median House Price Exceeds $1 Million
    Australia’s National Median House Price Exceeds $1 Million
    After a year of rapid growth, Australia’s national median house price has broken the $1 million (US$714,000) mark, ...
    January 27, 2022BY Rebecca Zhu
  • Australian Homeowners Profit From Sales Amid COVID-19 Lockdowns
    Australian Homeowners Profit From Sales Amid COVID-19 Lockdowns
    A new report by CoreLogic revealed the September quarter saw the highest level of profitability for property sales ...
    January 18, 2022BY Rebecca Zhu
  • Australian Property Values Ended the Year 22 Percent Higher but Subdued Conditions Expected in 2022
    Australian Property Values Ended the Year 22 Percent Higher but Subdued Conditions Expected in 2022
    The Australian property market grew 22.1 percent during 2021 on the back of low interest rates but ended ...
    January 6, 2022BY Rebecca Zhu
  • Booming Property Market Deters Renters From Having Children in Australia: Study
    Booming Property Market Deters Renters From Having Children in Australia: Study
    A new study has suggested that rapid growth of the housing market can influence both outcomes and intentions ...
    December 20, 2021BY Rebecca Zhu
  • Australian Auction Clearance Rates Slip as Owners Rush Into the Market
    Australian Auction Clearance Rates Slip as Owners Rush Into the Market
    Successful auction rates in Australian capital cities have fallen under 70 percent as homeowners rush to list their ...
    December 6, 2021BY Rebecca Zhu
  • The Face of Investors Is Changing, More Millennials Participating: CBA Study
    The Face of Investors Is Changing, More Millennials Participating: CBA Study
    New research found that the COVID-19 pandemic accelerated the trend of millennials becoming self-directed investors, with the most ...
    December 3, 2021BY Rebecca Zhu
  • Australia Experiencing a Housing Crisis, Needs Social Housing Fund: Think Tank
    Australia Experiencing a Housing Crisis, Needs Social Housing Fund: Think Tank
    The Grattan Institute has said in their latest report that Australia is experiencing a housing crisis, where citizens ...
    November 29, 2021BY Rebecca Zhu
  • Money Laundering Drives up Australian House Prices: Senate Hearing
    Money Laundering Drives up Australian House Prices: Senate Hearing
    A Senate hearing has heard how illegal financial gains from overseas are being pumped into the Australian property market, ...
    November 10, 2021BY Cindy Li
  • Total Australian House Value Surpasses $9 Trillion, Rising $1 Trillion in 5 Months
    Total Australian House Value Surpasses $9 Trillion, Rising $1 Trillion in 5 Months
    According to property researcher CoreLogic, the value of Australia's residential housing market surpassed $9 trillion (U.S.$6.6 trillion) in ...
    October 8, 2021BY Rebecca Zhu
  • Mortgage Lending Rules Tightened to Rein in Australian Property Market
    Mortgage Lending Rules Tightened to Rein in Australian Property Market
    The Australian Prudential Regulation Authority (APRA) has announced long-expected changes to home loan lending rules to cool the ...
    October 6, 2021BY Rebecca Zhu
  • Australian Treasurer Signals for Home Loan Crackdown Amid Rising Household Debt
    Australian Treasurer Signals for Home Loan Crackdown Amid Rising Household Debt
    Australian Treasurer Josh Frydenberg has met with regulators over the need for plans to address the ballooning levels ...
    September 28, 2021BY Rebecca Zhu
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