Australia has entered a new phase of internal migration, with more people choosing regional living over city life, according to the latest Regional Movers Index (RMI). The June 2024 quarter
The Australian rental market showed signs of stabilising in July as more property investors re-entered the market, offering renters slightly more options after a period of record-low vacancy rates. Data
After a brief slowdown, construction costs in Australia are once again on the rise, reversing last year’s trend. While the cost of building a new home increased by over 20%
Australia’s rental crisis is driving more people to share housing or live with relatives as rents surge at the fastest pace in over a decade. Commonwealth Bank Australia’s (CBA) latest
Airbnb has disputed claims that it is contributing to Australia’s property crisis. The Australian Bureau of Statistics reported that the national average new mortgage size hit a record high of
Australia’s preliminary auction clearance rates across the combined capitals edged above 70% last week, reaching 70.4%, according to CoreLogic. This slight rise follows a revised clearance rate of 64% from
House prices throughout Australia reached new peaks in July according to new figures from PropTrack. It says while July is typically the slowest month for house price growth, nationally house
While house prices are tipped to keep rising there are still plenty of affordable options to be found according to analysis by Propertyology. It says there are 25 cities with
Australia has emerged as the home of the McMansion, with a new study showing it has some of the largest houses and smallest households in the world. The study says
Housing finance is sitting above decade averages in almost every area of Australia. CommSec’s State of the States report says it is up by 37.8% in Western Australia, 32.3% in
Australia’s share market collapse this week has reinforced the nation’s property market as being a safe haven when shares take a dive. More than $160 billion was wiped off the
The national median weekly rent value hit a record high in June and is $48 a week higher than at the same time a year ago. The national rent is
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