INDUSTRY NEWS
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Climate risk not impacting property values despite government warnings
High-risk suburbs continue to perform well in the property market despite the Australian Government's first National Climate Risk Assessment warning of potential property value losses of up to $611 billion by 2050.
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New tool to speed up farm DAs and cut costs
A new online tool promises to cut DA times from months to minutes, helping farmers – and the wider property industry – move faster on rural development projects.
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Granny flats, dual living and stamp duty savings: what buyers are really searching for this spring
Australia’s spring property season is off to an unusual start, with new search data from Domain revealing buyers are rethinking what matters most in a home. Flexibility and affordability are climbing the priority list, with granny flats, dual living and stamp duty concessions topping searches, while lifestyle staples like pools and period charm continue to hold strong appeal.
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Property sellers record $36.6b in gains as profits hit new high
Australian homeowners booked record profits in the June quarter, with Cotality’s latest Pain & Gain report showing $36.6 billion in resale gains despite a small rise in loss-making sales.
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Canadian interest in US properties plummets amid tariff tensions
Canadian homebuyers are increasingly turning away from US real estate as trade tensions between the two countries intensify.
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Spring selling heats up with busiest auction week since June
Australia’s spring auction season is gathering pace, with volumes climbing to their highest level in four months while clearance rates show early signs of easing.
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Sydney premium suburbs return to top growth rankings as Perth maintains dominance
Sydney's premium suburbs have returned to Australia's top property growth rankings for the first time since 2023, while Perth's Cottesloe-Claremont maintains its position as the nation's strongest growth suburb.
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Londoners buying fewer homes outside the capital
Londoners are purchasing the lowest share of properties outside the capital in more than a decade, as stalling house prices and a return to office work limit their ability to relocate.
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Queensland property prices continue to soar
Queensland's residential property market continues to strengthen with impressive growth across the state, pushing up entry-level prices and making life challenging for first-home buyers.
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Expanded Home Guarantee Scheme to open doors for more first home buyers
Australia’s first home buyers will soon have access to a much wider range of suburbs, with the federal government’s Home Guarantee Scheme set for major expansion from 1 October, lifting price caps and scrapping eligibility limits to open the door for more buyers.
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What’s driving so many Aussies to relocate?
More than a quarter of Australians are planning to move within the next 12 months, with cost of living pressures and the search for better housing options driving the trend.
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“Affordable” homes vanish as housing burden deepens for young Australians
First-home buyers are being squeezed harder than ever, with entry-level homes rising faster than premium properties, deposits now taking more than eight years to save, and mortgage repayments hitting a 20-year high, new Domain data shows.
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Australia’s housing market hits $11.1 trillion milestone
Fresh ABS figures show Australia’s residential housing stock has soared to $11.1 trillion, with the average home now valued at more than $1 million.
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Property industry unites behind new foundation to tackle homelessness
Australia's property industry launches A Home for All Foundation to combat homelessness, with every dollar raised going directly to those in need. The initiative invites professionals to experience "A Night Without Home" this October, highlighting the 94% of homelessness that remains hidden from public view.
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US housing affordability expected to return to normal by 2030
US housing affordability could return to normal levels by 2030 if home price growth stabilises and mortgage rates fall to 5.5%, offering hope to frustrated homebuyers.
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CBD retail recovery sweeps Australia but Sydney is lagging
Most of Australia's CBD retail markets are showing strong signs of recovery with vacancy rates dropping significantly over the past year, though Sydney has emerged as a concerning exception according to new research.
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Regional Australia continues to attract city dwellers despite national slowdown
Regional Australia remains a magnet for city dwellers, with 26 per cent more people moving to regional areas than those heading in the opposite direction.
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Average home loan projected to top $1.1m as lending recovery drags to 2036
Australia’s mortgage market faces a long road back to its Covid-era highs, with new analysis warning it may take until 2036 for lending volumes to recover - and by then the average loan could exceed $1.1 million.
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Sydney Metro suburbs carry a hefty premium, but price growth trails wider market
Homes near Sydney’s Metro stations command some of the city’s steepest prices, but new data shows value growth is lagging behind more affordable suburbs.
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New Zealand lifts foreign buyer ban on $5m luxury homes
New Zealand is rolling out the welcome mat for the ultra-wealthy, reopening its doors to foreign buyers at the luxury end of the property market.
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National property listings rise, but old stock points to unrealistic pricing
Australian property listings rose in August, led by Sydney and Melbourne, but overpriced homes risk sitting unsold this spring.
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Affordable housing outpaces market as first home buyer incentives fuel demand
Australia's most affordable properties are experiencing stronger price growth than typical homes, driven by government incentives and intense competition among first-time buyers entering the market.
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Property investors exit amid rising costs, tax pressures
Australia’s rental market is under renewed pressure as fresh figures show property investors leaving in increasing numbers, stripping thousands of homes from the nation’s already stretched rental pool. Industry analysis points to rising costs, tax uncertainty and regulatory changes as key drivers of the exodus, with experts warning the trend could deepen the rental crisis if left unchecked.
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NSW councils offered $200m to speed up housing approvals
NSW Government says ‘carrot and stick’ approach is speeding up development times.
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Melbourne dominates PropTrack CommBank First Home Buyer Report 2025 hotspots
First-home buyer activity is rising even as affordability hits a three-decade low, with Melbourne emerging as the nation’s biggest hotspot.
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Gold Coast overstretched: study finds city 14% beyond ‘ideal size’
The Gold Coast’s booming property market is colliding with population pressures, with a new study finding the city has outgrown its ideal size.
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Detached house approvals increase as multi-unit approvals decline
Detached house approvals have risen by 0.6 per cent in July 2025, while multi-unit approvals experienced a significant drop, highlighting ongoing challenges in meeting Australia's housing targets.
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Housing market spike following August rate cut
Australia's housing market has responded dramatically to the August interest rate reduction, with national house prices jumping 1.3 per cent in just one month according to new data.
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Home prices reach new record high
Australian home prices have climbed to a fresh record high, rising 0.5 per cent in August and marking eight consecutive months of growth as the housing market gains momentum.
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High school students increasingly drawn to real estate careers
Queensland high school students are showing strong interest in real estate careers, with thousands engaging with industry representatives at recent career expos across the state.
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Extra bedrooms add hundreds of thousands to Kiwi house prices
New Zealanders are paying big premiums for extra bedrooms, with new data showing national price jumps of up to 43 per cent between three and four-bedroom homes.
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HIA forecasts more than one million new homes in five years
Australia is on track to build more than one million new homes in the next five years, with forecasts lifted on the back of stronger population growth and recent government policy shifts.
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Spring set to deliver property market boost as interest rates fall
The Australian property market is poised for its traditional spring revival, with the season historically delivering the strongest uplift in listings, sales and prices according to new research.
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Housing affordability in New Zealand reaches a six-year high
Housing affordability across New Zealand has improved to its most favourable level since 2019, easing financial pressure on households despite remaining challenges in the rental market.
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Housing costs drive inflation higher as CPI rises 2.8%
Australia’s inflation jumped to 2.8% in July 2025, with rising rents, power bills and building costs driving up housing pressures - putting interest rate cuts further out of reach.
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