Property Market Stories

Australian Stories

Property Market stories

Australia auction clearance rate stays below 50 per cent

Spring selling is off to a cautious start, with fewer homes going under the hammer and the capital-city clearance rate stuck at 49.3 per cent.

By Sean Mitchell • 4 min read • Last week

Property Market

Sydney & Melbourne premium homes lead housing slump

Higher-priced homes are driving Australia's housing downturn, with Sydney and Melbourne premium suburbs now more than 10% below their peaks.

By Sean Mitchell • 4 min read • Last week

Property Market

Buyers demand clearer property checks as scrutiny rises

Buyers are demanding more certainty over planning, renovation and hidden site risks as softer prices revive fears of overpaying.

By Sean Mitchell • 4 min read • Last week

Property Market

Spring auction volumes fall 31% as clearance holds steady

Spring's housing market is yet to show a strong lift, as auction numbers stayed well below last year while buyer demand held up.

By Sean Mitchell • 4 min read • Last week

Inflation

Australia housing values weaken as industrial property holds

Rising listings and longer selling times are deepening the downturn, with vendor discounts widening as buyers retreat from Australia's housing market.

By Sofiah Nichole Salivio • 6 min read • This month

Data centers

Data centre boom lifts Australian non-residential approvals

Data centre demand is keeping Australian builders busy and may prolong labour and materials shortages even as home approvals start to ease.

By Sean Mitchell • 4 min read • This month

Property Market

Reventon sees Tasmania as top property investment play

Tight rental supply and rising prices are drawing investors back to Tasmania, where Hobart vacancies have fallen to 0.6 per cent.

By Karen Joy Bacudo • 4 min read • This month

Data sovereignty

NSW's PEXA price cut risks killing Australian tech jobs

A draft ruling to slash fees may save buyers only tens of dollars while threatening investment, cybersecurity and hundreds of Australian tech roles.

By Sean Mitchell • 5 min read • Last month

Stories from Other Regions

Property Market stories

Bank of New Zealand

House prices won't be back to 2021 levels until 2030, major bank says

A slower, income-led recovery means buyers may not see nationwide house prices return to 2021 peaks until late 2029, ASB says.

By RNZ • 4 min read • Last week

Property Market

Most New Zealand suburbs see house values drift lower

Buyer caution and high listings are keeping New Zealand's housing market weak, with the national median value now GBP £397,944.

By Sean Mitchell • 4 min read • Last week

Housing

What real estate agents now have to tell buyers about meth contamination

Buyers will soon be told when meth residue tops 15 micrograms, as the Real Estate Authority tightens disclosure advice for salespeople.

By RNZ • 4 min read • Last week

Statistics NZ

Where rents are falling, and where they're not

Mixed August data suggest New Zealand rents may have bottomed out, as rises in Canterbury and Otago offset falls on the West Coast and elsewhere.

By RNZ • 3 min read • Last week

NZD

The mystery buyers snapping up New Zealand's luxury homes

Off-market deals are drawing local millionaires into New Zealand's priciest suburbs, even as overseas buyers still compete for luxury homes.

By RNZ • 7 min read • Last week

Property Market

Arnya launches ₹750 crore real estate fund with Casagrand

The fund will channel preferred capital into housing schemes in Chennai, Bengaluru and Hyderabad, as developers seek bigger pools of organised finance.

By Karen Joy Bacudo • 3 min read • Last week