This Month
Suburbs 100km from CBDs join upper echelon as prices surge
Strong demand for stand-alone homes during COVID-19 has catapulted a string of outer and previously affordable middle-ring suburbs to the top of the housing ladder.
- Nila Sweeney
Perth property ‘went nuts’, but these sisters managed to get in first
Jennifer and Maxine Gamble are sisters who have bought a house together to future-proof aged care issues that might arise in the future for them.
- Campbell Kwan
Pace of house price growth to cool as risks emerge
House prices have recouped the interest rate-induced losses in the past two years and are poised to hit record highs this year, but downside risks are gathering pace, according to experts.
- Nila Sweeney
The suburbs where unit values are rising 11 times faster than houses
“Investors are snapping up apartments because they are more affordable and the yields are becoming quite attractive.”
- Nila Sweeney
$10b housing fund should be doubled, community providers say
The massive response to the federal government’s first tender to develop affordable and social rental housing shows more funding is needed, developers say.
- 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
Property investors spooked by renewed talk of rates rise
Having recently returned to the housing market in droves – outpacing owner-occupiers – investors could face a potential slowdown in capital gains.
- Nila Sweeney
Shadow of Bob Day clouds building sector as Collier Homes fails again
The former Family First senator’s WA building company, acquired out of liquidation in 2016, has once again gone under.
- Michael Bleby
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
Cautious buyers drag down Sydney auction clearance rate
Strong auction results are becoming rare in Sydney as more buyers are reluctant to stretch their limits, agents say.
- 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
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
Who’s really making money in today’s housing market?
Perth’s house prices surged by up to 40pc in some suburbs but homeowners in Sydney’s premium housing markets are making a bigger windfall, according to CoreLogic.
- 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
Record-breaking house prices make early rate cuts ‘less likely’
Home values nationwide hit new peaks in March, boosted by strong gains in the more affordable markets, but rising prices could also delay rate cuts.
- Nila Sweeney
March
The most lucrative suburbs where every house sold delivered a profit
Profits from residential resales rose strongly in the December quarter, underscoring the improving profitability in the housing market.
- Nila Sweeney
Booming suburbs where house prices surged more than 20pc in 12 months
House prices in hundreds of suburbs nationwide jumped more than 20 per cent in the past 12 months, despite three interest rate rises, surging cost of living and worsening affordability.
- Nila Sweeney
Could this be the solution to housing affordability crunch?
Slashing block sizes could help improve housing affordability in the capital cities, according to Domain.
- Nila Sweeney
Rate pause to lure home buyers back
An extended rate pause could lure home buyers back into the market, but it could fuel a rise in distressed sales.
- Nila Sweeney
