November 2025

Ubank Ups Pressure With No LMI Ubank has ignited fresh competition in the mortgage market by scrapping Lenders Mortgage Insurance on a new 10 per cent deposit product for both owner occupiers and investors. The Flex and Neat home loan allows buyers to enter the market with deposits as low as around $31,000 in select

Shortage And Population Pressure Australia’s housing shortage is intensifying as construction lags well behind demand, reinforcing upward pressure on both prices and rents. In the June quarter, just 46,000 dwellings were commenced and 41,432 completed, well short of the federal target equivalent to 240,000 new homes per year. While material and labour costs have stabilised,

Spring Auctions Defy Rate Pause Spring auction markets remain resilient, with strong volumes meeting solid demand despite the RBA holding rates and cooling talk of further cuts. The preliminary national clearance rate hit 71.8 per cent, its highest level in three weeks, and has held above 70 per cent since mid-June, confirming a broadly supportive

Lower-End Growth In Prime Markets New data shows stronger price growth in lower-value homes sitting just under the new 5% deposit scheme price caps, particularly inside traditionally high-end markets. In Melbourne’s Inner East, homes below the $950,000 cap rose 1.7% in October, well ahead of the 0.4% gain for more expensive properties. Similar trends appeared

Sentiment Turns Positive At Last Australian consumer sentiment has shifted into net positive territory for the first time in four years, signalling growing confidence but also complicating the case for near-term rate cuts. The Westpac–Melbourne Institute index surged 12.8 per cent in November to 103.8, meaning optimists now outnumber pessimists. Economists link the turnaround to

The Right Season to Sell New data shows which States record the highest sales during the annual spring selling season. Cotality data shows that nationally, there is a 6.7% increase in sales overall in spring in the past 15 years. New South Wales is the strongest performer with a 9.4% increase, while Queensland is up