Research

Clearance rates increased annually across the combined capitals (63.7%) but were down in the combined regionals (43.8%).

Australia’s vacancy rate is at a new record low of 0.7%. Across Australia, competition between tenants is easing as the average views per rental listing declined in February and remains lower annually.

Domain First-Home Buyer Report 2024

Australia’s vacancy rate is back at a record low of 0.8%, following the seasonal bounce in vacant rental listings, now in line with where it sat in November 2023.

Sydney is renowned for having sky-high property prices, but does that mean Sydney home owners make the most margin on their real estate upon resale? The answer may surprise you. 

Clearance rates continue to trend downward across the combined capitals (59.8%) but saw a marginal improvement in the combined regionals (43.1%).

Australia’s vacancy rate holds at a record low for the third month in a row, at 0.8%.

Australia’s 2023 property market will be defined as the year price growth defied high interest rates and a new cycle began.

Clearance rates have continued to trend downward in recent months but remain higher annually across the combined capitals (63.4%) and the combined regionals (42.6%).