Student Housing Rises Student accommodation has nearly doubled in the past decade, according to a new analysis of the sector. The number of student accommodation beds has increased on the back of a surge in private developers moving into the purpose-built student accommodation sector. The Student Accommodation Benchmarks report shows there are 132,700 student accommodation […]
Growth To Continue Property prices are tipped to keep growing, particularly in Australia’s smaller capital cities in 2025. SQM Research’s 2025 Boom and Bust Report says the most likely scenario next year of a 25 to 50 basis point rate cut midway through the year means property values could increase between 1% and 4%. SQM
Where It’s Affordable There are still affordable pockets for buyers in Australia’s capital cities, although you might have to buy a unit instead of a house, according to PRD’s latest Affordable and Liveable Property Guide. In says that, in the second half of 2024, 48.7% of unit markets and 29.2% of house markets within a 20km
Regions Filling Fast The big push to affordable lifestyle locations in regional Australia continues, with 40% of city dwellers considering moving to other regions. Regional Australia Institute (RAI) research shows the number of people considering a move has doubled from 20% in May 2023 to 40% in November 2024. RAI CEO Liz Ritchie says demand
Strata The Solution There are almost 1.3 million sites throughout Australia that could be used for new strata developments. Analysis by CoreLogic and Archistar, assessed the development potential of capital city land that doesn’t currently have a strata development and where local regulations allow for higher-density dwellings. It says there is room for potentially three
Where Buyer Demand Is Surging Australia’s most in-demand suburbs aren’t your usual suspects, according to analysis by PropTrack. It says homebuyers are shifting their searches to emerging locations that offer a more affordable lifestyle. REA Group senior economist Paul Ryan analysed views per online listing to find the locations where buyers were increasingly looking compared to
Buyers Keen To Buy Property buyers have given up waiting for interest rates to change and plan to re-enter the market, according to the APIM Q3 Property Sentiment Report. It shows the proportion of buyers taking a “wait and see” approach peaked at 39% at the end of 2023 and is now just 22%.
New Homes Top Pick Despite post-Covid issues with rising construction costs and timeframes, new data shows buyers are turning toward new-build homes. REA Group’s 2024 Property Seeker Report shows in the past 12 months, 48% of homebuyers surveyed in South Australia are considering buying or have already bought a new home. In New South
Markets Show Resilience Property markets throughout Australia continue to show remarkable resilience, despite high interest rates and cost of living pressures, according to the latest Property Investment Professionals of Australia (PIPA) update. The update says that despite the hurdles, Perth, Adelaide, and Brisbane are finishing the year with double-digit dwelling price growth, and that
Australia Leading The World House price growth has slowed globally in the past five years, but new analysis shows Australia’s real estate market defied that trend. Research from the independent property research collective PAR Group shows that between 2019 and 2023, Australia’s house price growth outperformed comparable global markets by 14.1%. This study examined
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