Property market news

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

Home loan, deposit customers flock to mutual banks after royal commission

After a tumultuous 12 months of royal commission hearings, new data shows just how many customers are fleeing the big banks to smaller, customer-owned ones.

By William Jolly ● March 21, 2019

Average Aussie home price falls to $651,100

The average residential dwelling price in Australia fell $15,700 in the December 2018 quarter, largely driven by price falls in Sydney and Melbourne.

By Dominic Beattie ● March 19, 2019

Let us come to you. Get Savings in your inbox.

Let us come to you.
Get Savings in your inbox.