Property market news

Australian property lending slows again in August

The rate of lending to property buyers grew by only 0.17% in August, well below the rate of growth seen in July.

By William Jolly ● September 30, 2019

House sales beginning to increase as conditions improve

While housing sales may have slumped during the recent property downturn, recent data shows sales have levelled out thanks to rising home values and low interest rates.

By William Jolly ● September 26, 2019

More Aussies approved for home loans with smaller deposits

The latest banking data shows that there was a rise in the proportion of loans approved with deposits smaller than 20%.

By William Jolly ● September 12, 2019

Consumer sentiment slips 1.7% in September: Westpac

The general consumer mood lapsed slightly into negative territory from August to September by 1.7%, due to continued pressure on family finances.

By William Jolly ● September 11, 2019

Top Australian suburbs for rental yield revealed

New research has highlighted 100 Australian suburbs and towns where property investors could generate higher rental yields, with small Queensland towns dominating the list.

By Dominic Beattie ● September 10, 2019

Cash rate on hold again in September

The official cash rate has been held at 1.00% for the second consecutive month, the Reserve Bank confirms.

By William Jolly ● September 03, 2019

Approvals for new apartments fall to a seven-year low while appetite for established apartments grows

Approvals for new apartments have fallen to a seven-year low, down by 9.7%, as developers hold back applications for new developments at a time of high profile cladding and defect problems.

By Emma Duffy ● September 02, 2019

Green shoots appearing in property market as Sydney and Melbourne turnaround

There are early signs the housing market may be recovering, with small price rises in Sydney and Melbourne – where house prices have dropped the most in recent years.

By Emma Duffy ● August 29, 2019

“This is not a problem caused by avocado brunches or too many lattes”: Millennials financially worse off than Baby Boomers

A new Grattan Insitute report, “Generation Gap: Ensuring a fair go for younger Australians” reveals younger generations are in danger of being the first generation to have lower living standards than their parents’ generation.

By Emma Duffy ● August 19, 2019

Home lending ticks upwards in June

The latest home lending data for the month of June shows a 1.3% monthly increase in the value of loans approved.

By William Jolly ● August 07, 2019

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