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Page 39 of 168 • 1511 total articles
News
12 Dec 2024
Listings Rising
Listings Rising The number of properties being offered for sale is finally on the rise. Data from SQM Research shows residential property listings rose by 7.6% in November to reach 272,645 properties. SQM Research Managing Director, Louis Christopher, says much of the rise can be attributed to unsold stock during the spring selling season rather […]
News
12 Dec 2024
First Home Buyers
First Home Buyers Despite high interest rates and cost of living pressures, first-home buyers are still getting into the market – with a little help along the way. New figures show almost 100,000 first-home buyers have used the First Home Guarantee or the Regional First Home Buyer Guarantee to purchase a property since 2020. The […]
News
12 Dec 2024
Where Demand Will Rise
Where Demand Will Rise Demand for property in Australia’s regional centres is tipped to continue as new data reveals the number of people leaving city areas is on the rise. The Regional Australia Institute’s (RAI) Regional Movers Index for the September quarter shows more than a third of those moving (35.6%) are going from a […]
News
12 Dec 2024
Rent Growth Slowing
Rent Growth Slowing The pace of rental growth has halved in the past year, according to new PropTrack analysis. It says that nationally, rents rose by 7% in the past 12 months, compared with 14% in the year before that. At the same time, the number of properties being offered for rent has increased slightly, […]
News
11 Dec 2024
Safe As Houses
Safe As Houses Property now accounts for more than half of Australia’s household wealth and is more valuable than all of Australia’s superannuation funds and listed stocks combined. Continuing growth means the total value of Australia’s property market is now $11.1 trillion. CoreLogic data reveals that 56.3% of household wealth is in housing with 527,688 property […]
News
5 Dec 2024
Prices Hit Peak
Prices Hit Peak National dwelling values hit a new peak of $800,000 in November following 23 consecutive months of growth. The PropTrack Home Price Index shows national prices were up by 0.2% in November, house prices were up by 0.2% and units were down slightly by 0.1%. While prices are continuing to grow, ProptTrack senior economist […]
News
5 Dec 2024
Regions Firing
Regions Firing Australia’s regional property markets are continuing to outperform capital city markets,according to the latest CoreLogic quarterly regional Market Update. Its list of the top ten performing regional markets in Australia is dominated by regional centres in Queensland and Western Australia. Mackay in Central Queensland was the top performer in the quarter with 8.3% growth, followed by Geraldton […]
News
5 Dec 2024
New Home Sales Lift
New Home Sales Lift New homes sales are on the rise following an 8.8% increase in October according to the Housing Industry Association (HIA). The HIA says the lift was largely driven by an increase in sales across New South Wales,Victoria, and Queensland. HIA economist Maurice Tapang says the increase comes as building material cost […]
News
5 Dec 2024
Federal Moves To Ease Crisis
Federal Moves To Ease Crisis Two key pieces of legislation that aim to help ease Australia’s housing crisis by helping buyers and renters have passed through Federal Parliament. The first, the Help to Buy Scheme, is intended to help low and middle-income earners access housing with the Federal Government becoming an equity partner. The scheme […]
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