This Month
Vendor goes for ‘bird in hand’ to sell terrace for $1.43m
In a market with two camps of buyers, those on the rebound are acting faster than those thinking the market might slow more.
- Michael Bleby
Investor borrowing picks up to a two-year high
Vacancy rates have risen and rent growth is slowing, but Australia’s tight housing market is attracting investors, especially as confidence about interest rates grows.
- Michael Bleby
July
First home buy costs $1.28 million – and 858km
Affordability is pushing rookie property purchasers to look more widely than before. But they’re often also older, and have more money to spend.
- Michael Bleby
June
‘Impossibly unaffordable’ housing a social risk: report
The level of housing price relative to incomes poses an “existential” risk and demands a rethink of urban growth boundaries, a new global report says.
- Michael Bleby
This council is mulling doubling rates for landlords
A Greens-led Melbourne council is mulling charging landlords rates four times higher than owner-occupiers to help more first home buyers into the market.
- Gus McCubbing
SA removes stamp duty for first home buyers on all new builds
The pre-budget announcement is a concession that soaring house prices have sabotaged the effectiveness of last year’s more modest exemption.
- Michael Bleby
- Opinion
- Superannuation
Why Gen Z’s share portfolios should be free of capital gains tax
There’s little prospect of housing affordability improving, so the portfolios of young savers should get the same tax-free treatment as the family home.
- James Weir
May
Why would anyone want to invest in Melbourne’s housing market?
Some experts are predicting Melbourne’s housing market to bounce back strongly in the next two years, but others warn about getting in too early.
- Nila Sweeney
First home buyers purchase from investors in $780,000 sale
This Central Coast home’s proximity to the M1 highway made it popular with tradies commuting to Sydney – and with rates outlooks stabilising, they were confident about buying.
- Michael Bleby
Why $800,000 homes are in hot demand
Competitive pressure is building up in this segment of the market as investors and first-home buyers return in droves.
- Nila Sweeney
Australia to fall 300,000 homes short of Albanese’s target
The housing industry welcomes official recognition that the country will fall short of its goals, but warns demand for new homes is still underestimated.
- Michael Bleby
A housing boom is coming – for the wealthy
Investors, downsizers and upgraders will drive the next wave of residential development. First home buyers will hardly get a look in.
- Michael Bleby
‘Bullet-proof’ house prices to keep rising despite higher rates
Chronic housing supply shortage would shield prices from sharp downturn if interest rates increase further, or stay higher for longer, experts say.
- Nila Sweeney
April
Median house prices in Brisbane and Adelaide to hit $1m by December
House price growth momentum has slowed across the capital cities, but is still expected to hit new records this year according to Domain.
- Nila Sweeney
Buying a unit cheaper than renting in only 11pc of suburbs nationwide
The number of suburbs where buying was cheaper than renting plummeted to just 2.5 per cent across Australia, and 10.8 per cent for unit buyers.
- Nila Sweeney
The suburbs where you can buy a unit for under $400,000
Home buyers looking to score units under $400,000 will not easily find them in Sydney or Brisbane, but Melbourne and Perth still offer plenty, at least for now.
- Nila Sweeney
Housing affordability the worst in 20 years: ANZ
Soaring rents and record-high home values along with high interest rates have combined to create the worst buying and renting conditions in more than 20 years according to ANZ.
- Nila Sweeney
Loans for new homes fall 2.1pc as mortgage demand picks up
While confidence among home buyers is growing, demand for loans for new home building is going the other way.
- Michael Bleby
Sydney’s median house price to hit $2m, Perth $1m by 2027
Sustained housing shortage and strong demand from surging population would kickstart the next growth spurt, according to Oxford Economics.
- Nila Sweeney
Apartment values rising faster than houses in 50pc of all suburbs
Worsening affordability for houses, tight supply in the high density housing sector and increased first-home buyer demand could fuel upturn in the sector.
- Nila Sweeney
