Research
The latest property insights from the Domain Research House
Housing affordability will improve if wages continue to outperform house prices
Domain analysis comparing the difference between house price growth and wage growth reveals most capital cities, except Canberra and Hobart, have seen wage growth outstrip house price growth over the pandemic-affected June 2020 quarter.
Melbourne auction report card: August 2020
August clearance rates nudge higher from July but remain lower than last year
Sydney auction report card: August 2020
Sydney’s auction clearance rate held steady over August despite buyer appetite being significantly tested by a lift in homes auctioned.
Vacancy rates soar in Melbourne amid stricter stage 4 restrictions
Melbourne’s stricter stage four lockdown has disrupted the rental market, with estimated vacant rental listings surging by nearly 21 per cent over the month, and a staggering 141 per cent higher compared to last year.
Interest in Victorian property is heightened amid COVID-19 crisis
The pandemic has clarified where we want to live, particularly as the prospect of working from home becomes the new norm for desk-based workers. A lens on the number of views per listing provides insights into high demand areas that perhaps are not serviced by enough supply, and it helps to identify chan...
Victoria home search behaviour changes amid COVID-19 pandemic
The way we use our homes has changed in 2020, and perhaps forever made a mark on our purchasing decisions and property wish lists.
The proportion of discounted sale listings remains elevated but most cities have fallen from recent peaks
While the proportion of discounted listings remains elevated, the majority of capital cities have fallen from recent peaks. Regional and outer city areas have proportionately fewer discounted asking prices while inner suburban centres are higher.
Melbourne auction report card: July 2020
July had the weakest monthly result since April, highlighting that the second lockdown has had a similar outcome to the first as withdrawals bounce.
Sydney auction report card: July 2020
More homes go under the hammer in July, testing buyer appetite.
Rental vacancy rates across the capital cities have tightened in the month of July - except for the Victorian capital of Melbourne.
Most rental markets tightened in July, with fewer available rental listings suggesting landlords of holiday lets are converting back to short-term leasing. The further easing of COVID-19-related restrictions across the country will have fuelled the fall in rental supply in all capital cities, except Melb...