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Page 25 of 168 • 1511 total articles

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 […]

Apartment Delivery To Tighten Demand for apartments and a shortage of supply continue to drive up prices in the first quarter of 2025, according to new analysis by JLL. JLL’s Q1Residential Dynamics report backs up findings by the Australian Bureau of Statistics that the number of apartment developments is slowing. ABS data shows that nationally, […]

Land Costs Keep Rising The median price of a block of land hit a record high of $369,530 in the final quarter of 2024. Analysis of 52 of Australia’s major housing markets shows land lot prices are 8% higher than a year ago. The HIA-Cotality Residential Land Report says this increase is far more substantial […]

Luxury Sales On The Rise Housing affordability issues have done nothing to dampen enthusiasm for Australia’s luxury property market, with the number of homes selling for more than $5 million doubling in the past five years. Research by Westpac and Cotality shows there were 3295 sales of $5 million-plus properties in 2024, up 55% since […]

SA Leads The Way Australia’s top locations for home building and renovation have been revealed, with South Australia leading the way. The Housing Industry Association (HIA) Housing Scorecard, which compares levels of activity in across home building, renovations, lending and population growth, shows South Australia is well ahead of every other state. Western Australia was […]

Property Listings Lift Australia’s residential market has recorded a surge in the number of properties listed for sale. New SQM Research data shows total listings increased by 5.9% in May compared to the previous month. It says that the increase lifted the number of properties being offered for sale nationally to 256,628, which is 1.5% […]

Property Prices Hit High Property prices have chalked up a fifth consecutive month of growth. The latest increases bring yearly median house price growth to 4.2% and unit price growth to 3.6%. PropTrack data show that in May, medians rose marginally in every capital city house market and most unit markets. Hobart and ACT unit […]

Rents Growing But Pace Slowing While rents continue to grow throughout Australia, the pace of growth is now beginning to slow. Analysis from the Australian Bureau of Statistics says that since late 2024, the pace of growth in median rents has slowed across most states and territories. It says that since mid-2022, rents for almost […]

Investor Revival New lending data shows that investors are back in action and re-entering the market at three times the pace of owner-occupiers. Analysis of lending data by Money.com.au shows the number of loans to all buyers is up by 10.5% in the 12 months to March. The number of investment loans increased by 19% […]