Real Estate Archive

Rate hikes, inflation dampen home-buying intentions

The recent rate increases and the unprecedented upswing in inflation seem to have already dampened Australians’ appetite for property.  Both CommBank’s Household Spending Intentions (HSI) Home Buying Index and Westpac Melbourne Institute Index of Consumer …

Revealed: Perth’s 10 biggest price gainers

Western Australia is the only state where housing affordability has improved over the past two decades.   According to the latest report from the Real Estate Institute of Australia (REIA), homeowners in Western Australia allotted …

Rate increases hamper auction activity

The weakening of the auction market became more apparent in June, as rate increases start to have an impact on market sentiment and demand. Figures from Domain show that take-up for auctions across capital cities …

Rents surge to new record high

The past quarter has been tough for Australian tenants, with rents rising to new record highs as vacant rental properties remain scarce. CoreLogic’s national rent index increased by 0.9% monthly and 2.9% quarterly in June. …

RBA hikes cash rate by 50bps to 1.35%

The Reserve Bank of Australia (RBA) has kept the ball rolling with the rate hikes, increasing the cash rate by 50bps to 1.35%.  Here are the highlights from the latest monetary policy statement by RBA …

Units drive upside in dwelling approvals

Dwelling approvals witnessed an unexpected increase in May, reversing the declines recorded in the first few months of the year. According to the Australian Bureau of Statistics (ABS), approvals for units drove the overall increase …

The benefits of investing in sustainable housing

Promoted by loans.com.au It’s becoming more important than ever for investors to consider how they can future-proof their investment properties, whether it’s the ability to charge electric vehicles or reducing the rising cost of living. …

Housing profitability takes a dip

  The share of profit-making housing sales across Australia has swung in the opposite direction during the first three months of the year, declining for the first time since August 2020. According to CoreLogic’s latest …