Property market news

Rents continue to rise across Australia

In more bad news for renters, national weekly rents have risen again, according to CoreLogic data.

By Emma Duffy ● April 08, 2019

Majority of Aussies think Labor’s property tax changes will increase rents

A new survey has revealed 52% of Australian voters believe housing rents will rise if the Labor Party’s proposed changes to negative gearing and capital gains tax are legislated.

By Dominic Beattie ● April 04, 2019

National dwelling values fall 0.6% in March

CoreLogic’s latest home value index results for March 2019 show the national average dwelling value fell by 0.6%, which is actually the smallest month-to-month decline since October 2018.

By William Jolly ● April 01, 2019

‘Further cooling’ ahead for housing as annual credit growth hits all-time low

Australian annual housing credit growth sunk to 4.2% in February, the lowest rate for records that date as far back as 1977.

By Dominic Beattie ● March 29, 2019

Negative gearing changes to kick into effect on January 1 if Labor wins election

Labor will introduce its changes to negative gearing and capital gains tax by January 1 next year if it wins the upcoming election in May – but the announcement has sparked backlash from property industry groups.

By Emma Duffy ● March 29, 2019

ATO tax statistics reveal the richest postcodes, occupations

Surgeons and anesthetists are the country’s richest professions, while the most exclusive places to live lie mostly around Sydney’s northern beaches, the ATO’s latest statistics show.

By William Jolly ● March 29, 2019

Land lot prices rising despite shrinking lot sizes

Australia’s median land lot size shrank to from 422 to 420 square metres in 2018, but that didn’t stop the median lot price from rising around the country.

By Dominic Beattie ● March 28, 2019

No end in sight for rental pain, as rents continue to rise

Despite the current housing downturn, landlords are continuing to raise rents, data from Rent.com.au reveals.

By Emma Duffy ● March 28, 2019

Australian household wealth suffers biggest fall in over seven years

Losses on land and dwellings due to ailing property markets have led to the biggest decrease in household wealth in over seven years, data shows.

By William Jolly ● March 28, 2019

Price-rise expectations hit two year low

Aussies expect prices to rise by only 4% per annum over the next two years – the lowest this expectation has been since November 2016.

By Dominic Beattie ● March 21, 2019

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