Research

As restrictions slowly ease and we navigate a new-normal post-pandemic, how have our property markets reacted across the globe?

Vacant rental listings continue to rise in Melbourne, while all other capitals maintain their downward trend from the April peak.

Buying conditions have improved, and first-home buyers appear to be taking advantage of low interest rates, retreating investor activity, reduced foreign buyer interest, the extension of the federal government’s first home loan deposit scheme and other state-based incentives.

COVID-19-related lockdowns sent buyer demand into a state of hiatus, but activity from people likely to buy has rebounded in all capital cities apart from Melbourne.

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.

August clearance rates nudge higher from July but remain lower than last year

Sydney’s auction clearance rate held steady over August despite buyer appetite being significantly tested by a lift in homes auctioned.

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.

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...

The way we use our homes has changed in 2020, and perhaps forever made a mark on our purchasing decisions and property wish lists.