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Property prices

Yesterday

Qantas CEO Vanessa Hudson and Qantas Loyalty CEO Andrew Glance announce the Classic Plus loyalty program.

Qantas’ $120m FF revamp; Ansell’s $974m deal; ‘Insane’ house auction

Read everything that’s happened in the news so far today.

Sydney’s median house price to hit $2m, Perth $1m by 2027

Sustained housing shortage and strong demand from surging population would kickstart the next growth spurt, according to Oxford Economics.

  • Nila Sweeney

This Month

The winning bidders once the hammer fell.

Auction clearances bounce in fresh worry for RBA

Auction results show there’s little holding the market back. That will be on the RBA’s mind as it considers whether and when to move on rate cuts.

  • Nick Lenaghan
Tracey Goddard is a downsizer who recently sold her house in Alexandria in inner Sydney to pay off her mortgage and buy an apartment.

Why one segment of the housing market is about to get even hotter

Uncertainty over the timing of the rate cut is driving more homeowners to downsize to reduce debt, which is adding competitive pressure to this segment of the housing market, according to experts.

  • Nila Sweeney
Kaine Sheppard has been trying to buy a holiday home for 18 months, without luck.

The questions real estate agents avoid (but buyers must ask)

Be aware of the many hidden costs associated with buying a new home.

  • Duncan Hughes
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Sam Curwood with sons Jack and Edward outside their new home in Brighton

The key to downsizing from a truffle farm to this $3.6m oasis

Sam Curwood has undergone a sea change where he swapped luxury farmland for a home closer to his boys’ school.

  • Campbell Kwan
The Fin

The relentless rise of Australian house prices 

This week on The Fin podcast, Nick Lenaghan and James Thomson talk about Australia’s housing haves and have-nots and the dilemma this divide poses for the Reserve Bank.

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Teals warn Labor has ‘dropped the ball’ on small business

The independent MPs, expected to play a crucial role in next year’s federal election, also hit out at the Coalition for failing to support sensible changes.

  • Patrick Durkin

Who’s really making money in today’s housing market?

Perth’s house prices surged by up to 40pc in some suburbs but homeowners in Sydney’s premium housing markets are making a bigger windfall, according to CoreLogic.

  • Nila Sweeney

Apartment values rising faster than houses in 50pc of all suburbs

Worsening affordability for houses, tight supply in the high density housing sector and increased first-home buyer demand could fuel upturn in the sector.

  • Nila Sweeney
The resilience of the housing market recovery could make the RBA reluctant to deliver cuts to the cash rate later this year, according to economists.

Population surge and smaller households fuelling home prices: RBA

The resilience of the housing market recovery could make the RBA reluctant to deliver cuts to the cash rate later this year, according to economists.

  • Michael Read
Home prices nationwide hit another record high in March, boosted by strong gains in Perth according to CoreLogic.

Record-breaking house prices make early rate cuts ‘less likely’

Home values nationwide hit new peaks in March, boosted by strong gains in the more affordable markets, but rising prices could also delay rate cuts.

  • Nila Sweeney

March

More home owners are bailing out after holding for just three years as rates and prices rise.

More homeowners cash out within three years as rates, prices rise

The number of homes bought and sold within three years rose again in the December quarter as owners cash out amid rising prices and higher interest rates.

  • Nila Sweeney

Rate fears force home buyers to delay plans

But most are poised to buy within a year – once rates come down and inflation eases.

  • Nila Sweeney

The most lucrative suburbs where every house sold delivered a profit

Profits from residential resales rose strongly in the December quarter, underscoring the improving profitability in the housing market.

  • Nila Sweeney
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The auction clearance rate dipped slightly over the weekend.

House prices on the march as buyers get in before rate cuts

House prices are set for another strong rise this month as the busiest auction weekend of the year pointed to strong demand. But investors are getting out.

  • Larry Schlesinger
House prices in some Sydney suburbs such as Dulwich Hill jumped more than 20 per cent in the past 12 months.

Booming suburbs where house prices surged more than 20pc in 12 months

House prices in hundreds of suburbs nationwide jumped more than 20 per cent in the past 12 months, despite three interest rate rises, surging cost of living and worsening affordability.

  • Nila Sweeney
House prices are set to keep rising as supply fails to arrive.

Why good intentions are no match for housing’s grim reality

Big house price gains in 2025 and 2026 look likely as Australia’s housing supply crisis gets worse.

  • James Thomson
Building activity for detached housing in Australia tumbled by 18 per cent in the December half.

Locked out home buyers need two rate cuts to have a chance

The MD of Brickworks says 13 rate rises, bureaucratic red tape and a 30pc jump in building material costs since mid-2022 have put detached housing out of reach.

  • Updated
  • Simon Evans

Could this be the solution to housing affordability crunch?

Slashing block sizes could help improve housing affordability in the capital cities, according to Domain.

  • Nila Sweeney