Home owners reap windfall as buyers warned on new units
Home sellers notched a record profit in last three months of 2024 but not every property owner will be so lucky in the future, real estate researchers warn.
housing and urban planning
construction and property
housing and urban planning
lifestyle (house and home)
politics
real estate
Doubling housing supply incentive could help renters
Australia is expected to fall hundreds of thousands of homes short of its housing target but reforms could bring it back up to speed and help renters.
Super housing scheme could shave years off home wait
Australians raiding their super balances for housing could boost home ownership but may result in a jump in prices, economists say.
Post-pandemic property price roller-coaster to flatten
There are signs the housing market in normalising five years after the COVID-19 pandemic sent home values soaring across Australia.
‘Short window’ as property prices rebound on rate cut
Two capital cities are leading the housing market higher as buyers look to get ahead of a wave of demand as interest rates finally fall.
consumer issue - macro economics
economy, business and finance
house building
housing and urban planning
politics
Record high house prices as rate cut buoys sentiment
House prices have rebounded to record highs after the Reserve Bank's rate cut boosted sentiment and improved Australians' borrowing power.
central bank
economy, business and finance
housing and urban planning
inflation and deflation
interest rate
politics
Global uncertainty played a role in rate cut: RBA
Slowing inflation helped convince the Reserve Bank to cut rates at its last meeting but uncertainty over tariffs was also a factor, the deputy governor says.
breaking_news
economic indicator
economy, business and finance
housing and urban planning
inflation and deflation
macro economics
politics
real estate
Underlying inflation up but good news on housing, rents
Fresh inflation figures should help convince the Reserve Bank to cut rates again in May, despite a slight uptick in underlying price growth, economists say.
Struggle Street residents last to benefit from rate cut
Rate relief has been delivered to Australian mortgage holders, yet the Reserve Bank governor says renters may have to wait a while longer to gain any benefit.
Australia must build out of crisis amid shocking data
Red tape must be ripped down to boost productivity in a bid to fix the nation's housing crisis, with shocking new data showing the slowing rate of construction.
Dutton prays for rate cut as RBA enters conclave
Economists say a major reduction in mortgage rates this year is unlikely, even though the Reserve Bank board is widely tipped to deliver a cut on Tuesday.
New homes and land banking off-limits to foreign buyers
Established homes will be off-limits and foreign owners will be forced to develop vacant land under new measures announced to improve housing supply.
Aussies opt for regional living, pushing up home prices
A continued shift of Australians moving to regional towns for lifestyle reasons has boosted property prices at the expense of capital city values.
credit and debt
economy, business and finance
housing and urban planning
mortgages
regulatory policy and organisation
‘No-brainer’ home ownership boost for HECS debt Aussies
Australians saddled with student debt who want to enter the housing market will be given a helping hand, under changes to lending requirements.
Retiring renters face homelessness as ownership falls
As home ownership falls, rents grow and the cost of living continues to surge, older renters will need more help when they enter retirement, a report has found.
House prices expected to rise amid supply challenge
Housing will remain a key policy battlefield at the election with prices expected to continue increasing and efforts to boost supply lagging behind targets.
Home approvals bounce can’t keep a lid on prices
Home values held firm in January as a shallow and short-lived housing downturn nears its end, with new supply coming too slowly to solve unaffordability.
Long-term homelessness grows amid housing cost crunch
Calls are mounting for more funding for homelessness services as data shows the number of people without a home long-term jumped.
‘Year of the unit’: cost squeeze drives homebuyer shift
Rising unaffordability and changing lifestyles are driving an unusual turnaround in real estate dynamics as unit prices grow faster than houses in some areas.
Apprentice incentive not enough to meet housing targets
Despite the Albanese government's well-meaning rhetoric, its policies and results reveal a failure to fix housing affordability, a housing expert says.
Home construction rises but target remains out of reach
High costs, labour shortages and low productivity are limiting the sector's ability to build new homes as construction activity remains below required levels.
Greens housing crusade fails to sway most tenant voters
Renters are more likely to support Labor or Liberal than the Greens despite the minor party running hard on issues faced by tenants, fresh polling shows.
Australia has ‘well and truly passed’ rental boom peak
Affordability pressures and rising vacancy rates are keeping a lid on rental growth after years of surging prices.
‘Who knows’: warning before $2m home slid down cliff
A clifftop home destroyed by a landslide that hospitalised a man was the site of another slip less than two weeks earlier, which left council workers on alert.
Bank of mum and dad could run dry for retirement
Affordability constraints have many turning to the bank of mum and dad but parents have been urged to consider their finances carefully before lending.
Downturn in house values as ‘something’s got to give’
Australia's two most populous cities have signalled the beginning of a property downturn amid widening gaps between income, borrowing capacity and home values.
Home building to pick up in 2025, but only modestly
Housing construction is expected to ramp up this year but labour shortages, builder insolvencies and higher global inflation pose headwinds.
Rental affordability still stretched, but worst is over
Vacancy rates are edging higher and growth in advertised rents is stalling in welcome news for the nation's renters.
Weak start, stronger finish tipped for property in 2025
Australia's property market is entering 2025 in a downturn and while interest rate cuts should boost demand, any home price growth rebound is tipped to be mild.
Homeowners making hundreds a week even without tenants
People who own property might be able to make more than $30,000 a year, if the market is good, simply by holding onto their asset for about nine years.
‘Sense of urgency’: extra social homes fast-tracked
Funding an extra 5000 social properties through a partnership with the community housing sector will help get more people into homes sooner, advocates say.