New research has identified 10 affordable and desirable Australian housing markets that offer a great opportunity for home owners. Well Money’s latest report has revealed the best suburbs within commuting distance of a major capital city’s central business district that are affordable to buyers on modest incomes. In order to come to its conclusions, the […]
Rising rates are causing an increasing number of Aussies to feel anxious about their mortgages, a new report has revealed, with almost 30 per cent of property owners now dreading the possibility of defaulting on their home loans. New research from home loan broker Aussie Home Loans revealed that around 75 per cent of surveyed […]
Rising rates and cooling housing prices did not stop sellers in these suburbs from making bank. A new report from PropTrack revealed the top 10 suburbs across the country where property sellers recorded profits of $1 million or more from March to July. Sydney was home to the biggest money-making property sales, as NSW suburbs dominated […]
Australia’s regional homes are following trends observed in capital cities, with prices dropping by 20 bps over the three months to July. The latest quarterly Regional Market Update from CoreLogic showed dwelling values across the combined regions rose 17 per cent over the 12-month period to July. The figures stand in stark contrast with the […]
New rental listings are being snapped up quicker than ever before, according to one listings portal’s figures from the month of July. New data from PropTrack has revealed that rental properties advertised on realestate.com.au are renting in an average of 19 days, a historic low for the firm since it first began advertising homes for […]
Last week saw a rise in both auction volume and preliminary clearance rates, according to CoreLogic’s latest data. After the quietest auction week since mid-June, national volumes jumped 9 per cent this week, with 1,603 homes going under the hammer across the country. This increase also coincided with preliminary clearance rates rising for the third […]
New research has revealed the best suburbs for investors looking to enter the property market with a deposit of less than $100,000. Two years of booming national property prices have propelled housing affordability to the forefront of the national agenda; however, the latest report from Suburb Help has identified that there are still a number […]
More data has suggested that Australia’s property prices are falling, with new figures reporting that values fell by 2 per cent last quarter. According to the property platform, this negative change is part of a larger cooling market that has been induced by a myriad of reasons, including higher inflation and interest rates. The impact […]
The “unusually busy” winter period saw property listings increase by 4.9 per cent on last year, the largest year-on-year increase in July listings since 2010. REA Group’s PropTrack Listings Report for July 2022 has found that while the total supply of properties available for sale lifted by just 0.6 per cent in July, listings increased by the largest amount for […]
The number of capital city homes clearing auctions reached its lowest recorded figure in over two years, according to new data. As calculated by the property platform’s latest Auction Report, the clearance rate across Australia’s capitals was 51.8 per cent in July, the lowest rate reported since May 2020. This result reflected a 30-bp fall and […]