Property market news

The worst is over? Home price downturn continues to slow

While Australia’s property downturn spread to other parts of the nation over April, the national rate of decline eased, with the median dwelling value recording the smallest monthly fall since September last year.

By Dominic Beattie ● May 01, 2019

Sydney’s median house price could drop below $1 million

Sydney’s median house price will fall below $1 million within the next two months if the current rate of decline continues, according to Domain.

By Emma Duffy ● April 30, 2019

Australians paying record amount of property tax

Australian homeowners are being taxed more than ever before on their properties, according to the latest data from the Australian Bureau of Statistics

By William Jolly ● April 30, 2019

Westpac disregards May RBA rate cut expectations

Westpac Chief Economist Bill Evans still expects the RBA’s first rate cut in years to come in August, not next month as many others are predicting.

By William Jolly ● April 29, 2019

“Housing in Australia is broken”: Report highlights plight of low income earners

Rental affordability for people on the aged pension has dropped to its lowest level in six years, according to a new report.

By Emma Duffy ● April 29, 2019

House price falls slowing as listings drop

House prices across Australia stopped falling last week, as the number of property listings took a dive.

By Emma Duffy ● April 24, 2019

Majority of borrowers don’t understand home loan concepts

The majority of Australian home seekers say they don’t understand enough about the key parts of the real estate buying process, new research shows.

By Emma Duffy ● April 23, 2019

Australia’s top 20 residential building hotspots revealed

A new report has identified Australia’s top 20 strongest growth markets for home building in 2019, with Melbourne suburbs dominating the list.

By Dominic Beattie ● April 17, 2019

Sydney housing affordability is up more than anywhere

If there’s a silver lining to Sydney’s property downturn, it’s that housing affordability is on the up, Moody’s Investor Service shows.

By Emma Duffy ● April 16, 2019

RBA warns falling house prices could tip property owners into negative equity

The Reserve Bank of Australia (RBA) has warned that if property values continue to fall, it could tip borrowers into negative equity.

By Emma Duffy ● April 15, 2019

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