Australia’s luxury real estate market remains strong, with Perth leading growth. International interest and population gains continue to support demand.

Australia’s median house price surpassed $1 million in June 2024, with a 7% annual rise. Sydney remains the most expensive city for homebuyers.

Westpac cuts fixed-rate home loans by up to 0.80% p.a., now offering rates starting at 5.89% p.a. for eligible borrowers with a 70% LVR. Read more for details.

Unit owners are holding onto properties for an average of 8.6 years, up from pre-rate rise levels, as they await better capital gains and face rising costs.

Sydney’s listings have surged this year. With a busy Spring ahead, buyers can expect more choices and potentially lower prices due to increased competition.

Sydney’s housing market hits new highs with median profits of $655K for houses and $202K for units. Discover why property investment stays strong.

Sydney’s housing market hits new highs with median profits of $655K for houses and $202K for units. Discover why property investment stays strong.

Brisbane, Adelaide, and Perth see a surge in million-dollar suburbs, with 52 new ones in Brisbane alone. Expect more growth despite a slowing market.

Rising home prices are pushing more young Australians to live with their parents longer. Learn about the trends from PropTrack’s latest analysis.

Despite higher rates, Australians show resilience with low distressed property sales and increased savings in offset accounts, ensuring financial stability.

Mozo’s analysis shows a 25% rise in Australians choosing rentvesting. Learn about the benefits and drawbacks of this trend.

New home approvals in Australia dropped to their lowest in over 10 years, raising concerns about housing affordability amid rising costs.

Sydney house prices hit $1.66M, outpacing units by $862K. Discover the latest trends in the June 2024 property market.

2024 insolvencies in Australia’s building sector are set to exceed historical highs, impacting housing supply. Read the full blog to learn more about it.

NSW’s rezoning plan adds 30,000 new homes, including affordable options, to Kellyville, Bella Vista, Hornsby, and Macquarie Park.

Australia’s unemployment rate rose to 4.1% in June despite adding 50,000 jobs, highlighting key RBA discussion points for their August interest rate decision.

PropTrack revises its 2024 home price forecast to 5% with strong market performance and anticipated boosts from tax cuts and interest rate adjustments.

See how Melbourne and Sydney ranked in the 2024 Global Liveability Index and how Australia’s housing crisis impacted their scores.

CommBank’s HSI Index rose 0.6% in June, with increased spending on recreation and hospitality. Essentials like insurance and utilities saw the biggest jumps.

Discover Westpac’s report on the surge in Australia’s luxury property market, with $5M+ home sales up 159% from 2019-2023, despite recent leveling off.