Flipping good deal: property profits hit a 14-year high
More than 94 per cent of national home sales in the first three months of 2024 recorded a nominal gain, the highest profitability rate since 2010.
More than 94 per cent of national home sales in the first three months of 2024 recorded a nominal gain, the highest profitability rate since 2010.
Most Queensland nurses, teachers and police officers can no longer afford to buy their own home to live in - even with a dual income.
Australian home prices are set to hit new heights as population growth, construction challenges and borrowing power hits the market.
Landlords, holiday-home owners and businesses could be hit with higher taxes in the NSW budget, while $200m has been set aside for homes for regional workers.
Homes will be built quicker and more efficiently under a NSW budget plan that will cut red tape, drawing praise from developer groups and housing advocates.
The Victorian government has identified where it wants 2.5 million homes to be built, with Geelong, Melbourne's CBD and outer suburbs to do the heavy-lifting.
Australia's housing market is made up of laggards and leaders in home price growth and the gap is expected to linger in the coming months.
Opposition leader David Crisafulli has made a pre-election pitch focusing on housing but has vowed to scrap a controversial energy project.
Brisbane Lord Mayor Adrian Schrinner is set to introduce a permit system for short-term accommodation including Airbnb.
Queensland's first-time home buyers will get a stamp duty discount, in a bid to get more young buyers into the market.
A real estate body has called on authorities to provide an accountable delivery plan, describing the Queensland's housing crisis as "woeful".
Brisbane is now the second most expensive city to buy a house, leapfrogging the nation's capital Canberra to sit behind Sydney for the first time since 1997.
The ever-increasing cost of housing is one of the big challenges facing young people but their future is not bleak, the Treasury secretary says.
High housing prices and cost-of-living pressures are driving an exodus from cities, data reveals, with one capital losing residents to the regions in droves.
CoreLogic has revealed regional house values and rents have sky-rocketed to all-time highs, with Western Australia experiencing the biggest jump.
Rental reforms have passed Queensland parliament but a peak body fears it might not deliver necessary relief.
Queenslanders are spending the first decade of their mortgages paying taxes as the government reaped $3.5 billion more than forecast, research suggests.
A small lift in vacancy rates offers a ray of sunlight for renters as challenges in the housing market become a sharper focus for the major political parties.
The federal government has announced $11.3 billion to fast-track the delivery of new homes but faced criticism for not extending further support to renters.
Landlords are charging more on the fringes of capital cities as migration meets a shortfall in new housing, driving rents up even further.
A judge has dismissed class action by Melbourne public housing tower residents against the Victorian government, but will allow them to reframe their case.
Housing affordability has worsened in Australia and could be set to deteriorate further but there is no easy fix on the horizon.
A poll shows almost half of all migrants and refugees feel they are copping the brunt of Australia's housing affordability crisis.
Rentals are in short supply and prices are rising fast but there's more to the story than international students, the Student Accommodation Council says.
A decision to use an empty $400 million quarantine facility for police training has been described as a "bitter blow" in the fight against homelessness.
Queensland renters could have saved $5400 in the past two years if the government had established a cap amid soaring prices and low vacancies.
Crushing rent increases are becoming the new normal with lower-income earners and people on welfare priced out of the market, Anglicare Australia has warned.
Tax reform, building more public housing, and lifting social support payments have all been floated as pieces of the housing affordability puzzle.
Homes purposefully built for renting long term could help boost rental supply in the future but the emerging model is no silver bullet nor a short term fix.
The most significant measure to solve Australia's housing crisis won't be achieved, builders predict amid workforce shortages.
Only one jurisdiction is forecast to achieve its share of a five-year national housing plan, but one premier has defended the goal over "mushy" targets.