Property prices
Sydney and Melbourne have ‘absolutely turned into buyers’ markets’
Properties are taking longer to sell and with bigger discounts, as vendors struggle to get a deal done in the same frantic fashion as last year.
- by Tawar Razaghi
Latest
Pandemic trend here to stay as regional house price growth outstrips Melbourne, Sydney
For the first time the combined value of Australian homes has exceeded $10 trillion.
- by Rachel Clun
Opinion
Opinion
Aussie home values are about to tumble. We should let them
House prices look set to fall. But this time, policymakers should resist the temptation to tinker with the market.
- by Jessica Irvine
Why this one-bedroom ‘garage house’ in the Perth Hills hit the market for $700k
In a sign that the Perth property market hasn’t lost any momentum, a tiny wooden home was listed this week with a price tag well above the median value.
- by Sarah Brookes
What Sydney’s median house price can buy across the country
A budget of $1.59 million may not stretch very far in Sydney, but could get you a beachfront abode, stunning views and a pool in other parts of the country.
- by Kate Burke
Mortgage ‘cliff’ looming for home owners when fixed-rate loans end
Experts are warning borrowers who were able to lock in low, fixed mortgage rates early in the pandemic face a jump in repayments once their terms expire.
- by Rachel Clun
Opinion
Interest rates
Our Bondi pad: A snapshot of generational betrayal as it sells for seven times what we paid
The consumer price index fails to account for the biggest factor affecting most Australians’ material decisions.
- by Malcolm Knox
The Sydney regions where auction clearance rates have been hammered
More than one in two homes are now failing to sell via auction in some pockets of Sydney, as clearance rates continue to fall amid cooling buyer demand.
- by Kate Burke
Why property prices could fall faster than first expected
Property price falls are expected to accelerate and become more widespread as buyers face reduced borrowing power, experts say.
- by Kate Burke
Opinion
Interest rates
The housing game has changed – interest rate hikes hurt more than before
It’s a common barb that newer generations are struggling with home ownership and housing costs because of profligate spending, on smashed avos and the like. But what millennials are spending much more on is housing, simply because houses are so much more expensive.
- by Joey Moloney and Brendan Coates
Opinion
Stamp duty
An offer from Perrottet the federal Treasurer can’t refuse - if he wants to make us all richer
The NSW premier’s offer to overhaul property tax is a rare opportunity for major reform, and one that Jim Chalmers should grasp while it lasts.
- by Brendan Coates