Research

Perth's rental vacancy rate continues to decline, Sydney and Melbourne remain steady and Hobart is in a rental affordability crisis.

Clearance rates have continued to improve compared to last year and have held relatively steady for the past four months. November's 68 per cent was marginally down 0.2 percentage points on last months revised figure, however it was the strongest November result in three years.

Clearance rates have continued to nudge higher over the year, peaking at 72.8 per cent in November – the strongest since April 2017 and the highest November result in three years

The Reserve Bank kept its official interest rate on hold at 0.75 per cent at its final meeting for 2019, but it's almost certain there will be cuts in early 2020. Here's why.

Sydney and Melbourne property markets have rebounded at an astonishing rate over the past few months, but price gains have not been uniform.

Having been neglected by investors for so long, the Perth rental market is gradually tightening up.

The auction clearance rate reaches its highest point in more than two years, despite volumes still being low.

The clearance rate is steadying, but other auction metrics suggest the market is still accelerating quickly.

Australian property sales have risen in 2019 as prices have rebounded, most notably in Sydney. But turnover is still near two decade lows.

The ongoing decline in Sydney's investment activity could start to stabilise Sydney's rental market.