Buyer confidence is strengthening nationwide as anticipation builds for at least one interest rate cut in the first half of 2025. The latest Mortgage Choice Home Loan Report, released this week, indicates that the current interest-rate environment is boosting buyer confidence. Mortgage Choice Chief Executive Anthony Waldron stated that this renewed optimism is expected to drive increased...
Market News
A new residential estate has had to fast-track its land release due to overwhelming demand from buyers eager to secure a spot in this sought-after location. Balancing nature access with city proximity at an affordable price is rare, but the estate’s first release in November 2024 exceeded expectations. Developer SKF sold all 20 homesites in just three days, prompting an early second release of 28...
Demand for certain Brisbane suburbs is surging, with properties selling over three weeks faster in some areas compared to December 2023. According to PropTrack’s latest data, the national median days on market for December 2024 was 32 days for houses and 31 days for units—longer than the 28 and 27 days recorded the previous year. In Brisbane, selling times for both houses and units increased by...
As inflation stabilizes and economic conditions evolve, the question on everyone’s mind is whether interest rates, including those impacting Real Estate Australia (REA), will rise or drop in the coming months. For the first time since 2021, headline inflation has stayed within the Reserve Bank of Australia’s (RBA) target range of 2-3% for more than three months. According to the...
The property market is constantly evolving, and some of the most lucrative investment opportunities in 2025 are emerging in unexpected places. According to Terry Ryder, director of Hotspotting, the key to successful property investment lies in spotting trends early. “Many people wait until a location is labeled as ‘hot,’ but by then, prices are already inflated, and growth potential is...
Industry experts have identified Australia's most family-friendly suburbs poised for success in 2025, providing valuable insights for homebuyers focused on family-oriented living. New data from REA Group has highlighted the top 100 suburbs expected to thrive next year, selected by a panel of property experts based on factors such as affordability, lifestyle, and ongoing...
Australia could be on the brink of a scorching summer in the property market, with buyers energized by the prospect of potential interest rate cuts expected in 2025. Traditionally, the real estate market slows in December before picking up momentum after the Christmas and New Year holidays. However, this summer may break the trend as homeowners and buyers closely monitor hints of interest...
The gap between Sydney and Brisbane home prices continues to close, with new data showing a difference of just $244,000 between the two cities. Brisbane's median home price reached a record high of $868,000 in November, rising 0.28% or $13,000, according to the latest PropTrack Home Price Index released on Monday. This marks a significant increase from $855,000 in September, with...
Australia could be on the verge of a major property market upswing in 2025, provided a critical event unfolds early in the year, according to a new report. SQM Research’s Christopher’s Housing Boom and Bust Report 2025 forecasts the year’s property market trends, considering various economic scenarios. Under the most likely “base case” scenario — which assumes a 25-50 basis point...
In a remarkable political resurgence, Donald Trump has reclaimed the US presidency, securing a decisive victory over Democratic candidate Kamala Harris. While there’s been considerable speculation about the implications of a Trump administration for the US, Middle Eastern and Ukrainian conflicts, and US-China relations, Australians may wonder: what could a Trump presidency mean for Australia,...