Home prices continue rising amid supply-demand mismatch
Home values have grown at the fastest rate in 15 months as the mismatch between supply and demand continues driving up prices.
Home values have grown at the fastest rate in 15 months as the mismatch between supply and demand continues driving up prices.
Interstate migration and the allure of warmer weather have contributed to a city's house prices surging past the million-dollar mark.
A continued shift of Australians moving to regional towns for lifestyle reasons has boosted property prices at the expense of capital city values.
Agricultural land has risen for a ninth year, with Tasmania experiencing the strongest growth in the past 12 months while Queensland had the most land sold.
The Queensland government has defended an unexpected hike in land values in flood-hit areas, saying valuations take in data from previous flood events.
Some Australian couples are taking up to eight years to buy their first home as the rising cost of living and stagnant wages make the task harder.