News

Domain’s Forecast Report for the 2023–24 financial year is here, and according to its predictions, the next twelve months looks sunny with a chance of record-breaking growth. The main take away is that Australia’s housing market will continue its redemption arc after making an unexpectedly speedy recovery from the short and sharp 2022 downturn—the steepest Sydney...

In the midst of a cost-of-living crisis that has some of us rethinking our morning coffee routines and midway through a second year of continuous interest rate hikes, one of the most expensive Australian house sales of all time took place in Point Piper. Not to be outdone, record-breaking sales in QLD and VIC followed...

Finally, a percentage hike that doesn’t correlate with a deep sigh. In May, Sydney home values rose 1.8%, marking our highest monthly gain since September 2021. Up 4.5% over three months, house and unit prices in some areas have climbed by six figures in that same period. Despite the consistent percentage increases that do correlate...

Drumroll … The RBA has hiked the official cash rate for the 12th time since April 2022, increasing it to 4.10%. How much will this increase your monthly repayments? And how long does Philip Lowe plan to keep marching to this beat? Another month, another 25 basis point cash rate rise. It’s now apparent the...

Who knew a jab about avocado toast back in 2017 would kick off one of the greatest generational feuds of all time? Boomers vs. Millennials is the default headline these days, but when it comes to Australia’s housing supply crisis, neither gen is throwing punches. Instead, they’re coming to find they’re facing a shared adversary—the...

If you’ve ever used Apple’s weather app, you know that forecasts can be wrong. Looking out the window at a hail storm while a radiant full sun emoji backed by a bright blue sky stares back at you on your screen, you realise that sometimes, even the experts get it wrong. Such is the case...

In Sydney, everyone knows someone who moved to the coast or country during the pandemic. The sea-change/tree-change phenomenon had an incredible impact on the housing market, causing prices to soar in regional areas. But it also caused a population reshuffle across Australia, as tens of thousands left capital cities in search of more space and...

The Reserve Bank of Australia (RBA) has increased the official cash rate for the 11th time in the past year, taking it to 3.85%. Have we finally reached the peak of this cycle? And how much will this latest rate hike increase your monthly repayments? In what will undoubtedly be tough news for many households...

As property prices start to climb, listings are following suit. So if you’re hunting for a home, what does this mean for you? If you’ve been looking at the property market over the last six to 12 months, you probably already know that while property prices have dropped, it’s been a case of slim pickings...