Today
Suburbs 100km from CBDs join upper echelon as prices surge
Strong demand for stand-alone homes during COVID-19 has catapulted a string of outer and previously affordable middle-ring suburbs to the top of the housing ladder.
- Nila Sweeney
RBA says ‘no quick fix’ to house prices
RBA chief economist Sarah Hunter warns that undersupply of homes means house prices and rents will continue to rise as the market fails to keep pace with strong demand.
- Michael Read
This Month
Why would anyone want to invest in Melbourne’s housing market?
Some experts are predicting Melbourne’s housing market to bounce back strongly in the next two years, but others warn about getting in too early.
- Nila Sweeney
- Exclusive
- Property development
Former AFL star pays $190m for Cranbourne Golf Course
The 70-hectare site in Melbourne’s south-east will support up to 1500 new homes with an end value of about $1 billion.
- Larry Schlesinger
For $490 million, last private land in Arctic archipelago can be yours
The massive tract of land could be an investment project for a high-net-worth individual looking to make an impact as an environmentalist.
- Sarah Rappaport
First home buyers purchase from investors in $780,000 sale
This Central Coast home’s proximity to the M1 highway made it popular with tradies commuting to Sydney – and with rates outlooks stabilising, they were confident about buying.
- Michael Bleby
Why $800,000 homes are in hot demand
Competitive pressure is building up in this segment of the market as investors and first-home buyers return in droves.
- Nila Sweeney
Pace of house price growth to cool as risks emerge
House prices have recouped the interest rate-induced losses in the past two years and are poised to hit record highs this year, but downside risks are gathering pace, according to experts.
- Nila Sweeney
Landlords offered $5000 lure for housing fix
Amid a surge in Perth property prices, the WA government will give owners of vacant homes $5000 if they make them available for long-term renters.
- Tom Rabe
Victoria adds $700m to home buyer scheme – and calls time on it
There were minimal housing policies in the Victorian budget, but the state government is hopeful of a pick-up in sales next year to boost its finances.
- Updated
- Michael Bleby
The complicated $1.8m sale of a ‘gamble’ that didn’t pay off
A suburban family bought their neighbours’ house to give them a larger block, but when interest rates went up further something had to give.
- Michael Bleby
Americans went all-in on self-storage. That demand is suddenly cooling
One of the reasons for the drop in demand for self-storage units is that people aren’t relocating as much as they did during the pandemic.
- Martha C. White
Lagging real estate stocks have dipped too far, analysts say
A growing sense of confidence about US borrowing costs makes analysts covering the industry’s stocks expect a 15 per cent rally in the next 12 months.
- Norah Mulinda
The suburbs where unit values are rising 11 times faster than houses
“Investors are snapping up apartments because they are more affordable and the yields are becoming quite attractive.”
- Nila Sweeney
‘Tired’ deceased estate sells for $1m more than guide
Auction clearance rates rose at the weekend despite a 10pc increase in listings. Buyer’s agent David Morrell says good properties are “flying out the door”.
- Larry Schlesinger
Australia to fall 300,000 homes short of Albanese’s target
The housing industry welcomes official recognition that the country will fall short of its goals, but warns demand for new homes is still underestimated.
- Michael Bleby
Why city boltholes are the next must-have for Baby Boomers
A new wave of apartment buyers could fuel stiffer competition, experts say.
- Nila Sweeney
Why this Sydney investor bought property in Brisbane
Investors from Sydney and Melbourne are increasingly looking further afield in the hunt for value. But how do you go about buying in an unfamiliar market?
- Michelle Bowes
A housing boom is coming – for the wealthy
Investors, downsizers and upgraders will drive the next wave of residential development. First home buyers will hardly get a look in.
- Michael Bleby
What every buyer needs to know about auction clearance rates
Auction clearance rates give some clues about when to buy or sell.
- Tom Richardson
