News
The changed outlook on interest rates has contributed to a rise in consumer confidence, a new report says. The Canberra market has strengthened and now has more growth markets than at any time since we began our quarterly surveys four years ago. The norm now in Canberra is suburbs where median prices have grown by more than 5% in the past 12 months, while only a handful have falling prices. A new survey has found that 52% think prices will rise and 34% expect prices to stay about the same. Most property buyers use mortgage brokers and recommended changes to how brokers are paid should be opposed, says PIPA. Markets in Regional NSW continue to head in the opposite direction to Sydney. While the Sydney market is showing increasing signs of decline, the cities and towns of Regional NSW are delivering growth markets right across the state. Most analysts expect the next RBA change to the official interest rate to be a reduction, according to Finder. Melbourne house prices may be down overall, but there remain many solid growth markets, our analysis shows. Regional Victoria is the stand-out market in Australia. Against a backdrop of Regional Australia providing the top growth markets in the nation, Victoria has large numbers of towns/suburbs with rising demand and the strongest price growth in Australia. Most Australians expect house prices to rise or remain stable, according to a new Canstar survey. The No.1 story in Australian real estate is not the demise of Sydney, but the rise of Regional Australia.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
Next ›
Confidence Rises On RBA Rates Forecast
Hotspotting Podcast | Episode 81 - Canberra - Strongest Real Estate Market
Investors Remain Upbeat On Prices
Most Buyers Use Brokers, Says Survey
Hotspotting Podcast | Episode 80 - Regional NSW Growth Markets
Experts Tip RBA Rate Cut Soon
Melbourne Analysis Shows Growth Markets
Hotspotting Podcast | Episode 79 - Regional Victoria is No.1
Aussies Remain Bullish On Prices: Canstar
Want Strong Returns On Your Property Investments? Look to Regional Australia