News & Events

News

Auctions Remain Hot

Auction clearance rates remain solid throughout Australia despite the traditional Winter slowdown in the market. The number of homes going to auction has also been down as a result of

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Property Nudging $11 Trillion

The value of Australia’s residential housing market is nudging ever closer to $11 trillion. The combined value of Australia’s 11,176,100 residential dwellings increased by $209.4 billion in the first quarter

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Rents Rise Faster Than Wages

The speed of rental growth is outpacing that of wages. Analysis of the Australian Bureau of Statistics wage price index and Domain rent data shows asking rents for houses increased

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Affordable Locations

There are still affordable locations to be found within Australia’s three major capital cities, buyers just need to know where to look according to new research. The PRD Affordable and

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Investors Pick Up Pace

Investor lending is continuing to gather pace, according to the latest Australian Bureau of Statistics leading indicators. ABS Head of Finance Statistics, Mish Tan, says lenders are also borrowing more,

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Buyers Pay More For Green

Home buyers will pay substantially more for sustainable houses with demand for energy-efficient features rising. The Domain Sustainability in Property report says properties with eco-friendly attributes such as solar and

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Apartments Poised To Outperform

Property valuers predict Australia’s apartment market will perform strongly in the next 12 months. A survey of valuers by CBRE reveals that 45% of respondents believe buyer demand will also

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Regional Rents Keep Rising

The chances of finding a more affordable rent outside of capital cities is shrinking with new data showing rents in 75% of Australia’s biggest regional towns are at record highs.

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Why Builders Aren’t Building

Home builders and property developers make their money creating new dwellings for Australian households. If they get it right, they can make lots of money doing what they do. When

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First-home Buyers Back

First-home buyers are making a comeback with home loan approvals for that sector on the way up. Australian Bureau of Statistics figures show the number of new loan commitments to

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Vacant Home Numbers Rise

The number of vacant rental properties available increased during April, although the change was so marginal it is unlikely to help those struggling to find somewhere to rent. The PropTrack

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