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Page 23 of 167 • 1501 total articles

Population Surges Australia’s population is continuing to grow, with Western Australia the most popular destination. New data from the Australian Bureau of Statistics shows that in the final quarter of 2024, Australia’s population grew by 91,133 people to reach 27,400,013. It is up by almost 450,000 over the year. In the past quarter, Western Australia […]

Market Sentiment High The majority of investors are confident about the performance of the property market in the coming months, a new investment report shows. The Momentum Wealth Property Sentiment Report 2025 shows that despite significant price increases in the past two years, Perth remains a favourite location for interstate investors. Melbourne is the second-favourite capital city […]

New Home Sales Hit High Sales of new homes hit a 13-month high in May, according to the Housing Industry Association’s New Home Sales report. The report, which is compiled by surveying the largest volume builders in Australia, says new home sales are up by 6.9% during the month. HIA Senior Economist, Maurice Tapang, says […]

Profits Hold Steady The vast majority of property sellers in the first quarter of 2025 did so for a profit. Cotality’s latest Pain and Gain report shows 86,000 established dwellings sold during the quarter and of those, 94.9% sold for more than the original purchase price. Sellers made a median gain of $305,000. Of the […]

Growth Evens Out While generally it’s been the case in the past few years that one capital city property market seems to take off and leave the others behind, new figures show the pace of growth is now starting to even out. Cotality says property price growth rates across Australia’s capital cities have tightened to […]

Units Outpace Houses Price growth in more than 60% of capital city apartment markets has outpaced or matched that of houses over the past 12 months. Analysis by Hotspotting for Nuestar shows that in the 12 months to May, 62.9% of capital city apartment markets performed better than their freestanding house counterparts. Nuestar founder, Michael […]

Vacancy Rates Drop Just A Little National vacancy rates fell in May, although the drop was so small that many will notice no difference in the tight rental market. SQM Research data shows vacancy rates fell from 1.3% in April to 1.2% in May. This equates to an additional 2,238 properties being offered for rent […]

FHB Activity Up First home buyer activity is ramping up with new data from National Australia Bank showing lending to first timers is up 16%. According to the bank lending data as a whole is up 32% between February and April. Australian Bureau of Statistics, May 2025 lending data says FHB borrowed $15.4 billion […]

Average Property $1M The average dwelling price in Australia has passed the $1 million mark for the first time ever. New Australian Bureau of Statistics (ABS) figures for the March 2025 quarter also show the total value of residential real estate in Australia rose by $130.7 billion during the quarter. While the majority of experts […]