Property market news

Unit prices slip lower in every capital city over June quarter

All major capital cities saw unit prices fall across the June quarter, while only Adelaide, Canberra and Hobart saw an increase in house prices, new research shows.

By William Jolly ● July 23, 2020

Rents plummet in Sydney and Melbourne amid record oversupply of properties

An oversupply of properties is making it cheaper to rent in Australia's biggest capital cities.

By Alex Brewster ● July 20, 2020

First home buyers considering regional property during COVID-19: ME Bank

First home buyers are eyeing off COVID-19 bargains in regional areas, a new report has revealed.

By Emma Duffy ● July 16, 2020

Did HomeBuilder cause new home sales to soar in June?

Following a record low in May, sales of new homes in June soared by more than three-quarters amid the introduction of the HomeBuilder scheme.

By William Jolly ● July 14, 2020

Vendors' pain as a third of Melbourne apartments sell for loss during COVID-19

One in three apartments in Melbourne sold for a loss in the March quarter, as a second wave of the virus and new lockdown measures raise concerns of a bigger hit on the property market.

By Emma Duffy ● July 10, 2020

Home buyers leave the market as lending plunges 11.6%

The value of new loan commitments for housing plunged 11.6% in May - the largest fall in the history of the data series.

By Emma Duffy ● July 09, 2020

Unit rental prices see largest fall in over 15 years

House and unit rental prices have fallen across most major capitals, with unit rents in particular falling by the biggest margin in 15 years nationally.

By William Jolly ● July 09, 2020

How COVID-19 is changing Australian home ownership goals

Months of being stuck in isolation has made Australians crave more outdoor space and a dedicated home office, a new study reveals.

By Emma Duffy ● July 06, 2020

Using HomeBuilder? Here's how you can finance your construction

Thinking of using the new HomeBuilder scheme to build or renovate a property? You’ll need to work out how you can finance it first, since the $25,000 grant from the Government only scratches the surface of the overall cost.

By William Jolly ● July 02, 2020

House price falls accelerate in Melbourne as state faces COVID lockdowns

National property prices have fallen for the second month in a row, led by Perth and Melbourne, as the state of Victoria faces a second wave of infections.

By Emma Duffy ● July 01, 2020

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