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Property market

This Month

Bargain hunters could find heavily discounted houses in some of the most prestigious coastal suburbs as prices fall further.

The best beachside suburbs to grab a bargain before the year ends

As buyer demand dries out, sellers in these sought-after coastal suburbs are becoming more motivated to sell.

  • Nila Sweeney

Where price growth for apartments will outpace houses in 2025

Apartment price growth has lagged houses for decades, but this could change next year according to experts.

  • Nila Sweeney

Home sellers chop asking prices amid glut in listings

Weaker buyer demand and an influx of stock have prompted some vendors to slash their asking prices.

  • Nila Sweeney

Have we hit an inflection point in the housing market?

The latest results from CoreLogic show the housing market has entered a new phase.

  • Nila Sweeney
Sydney house prices have fallen for the past two months.

Rate cuts won’t stimulate a big upswing in house prices: CoreLogic

An undersupply of housing will protect the market from a sharp correction, but there won’t be a significant rise when rates fall, predicts Tim Lawless.

  • Larry Schlesinger
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Auction clearance rates hit year low as sellers lose confidence

More than half of the homes offered for auction in Sydney in the past week were withdrawn before the auction date.

  • Larry Schlesinger

November

The unusual reason home batteries are making more financial sense

The price of installing batteries to go with your home solar system hasn’t changed much in years, but the rising cost of electricity is making storage more cost-effective.

  • Nila Sweeney
It’s an upgrader’s market with softer prices and more properties on offer.

Upgraders dominate the housing market as prices slow

People seeking bigger and better properties have edged out first home aspirants as the most active buyers for the first time this year, valuers say.

  • Nila Sweeney

How far will Sydney and Melbourne house prices fall in 2025?

High interest rates, unaffordable prices and increased listings are likely to send prices lower in 2025 in the country’s two biggest housing markets.

  • Updated
  • Nila Sweeney
Greens housing spokesman Max Chander-Mather and leader Adam Bandt.

Greens back down on housing blockade

Labor’s bills for a shared equity homeownership plan and changes to tax settings designed to spur the build to rent sector will pass parliament this week.

  • Tom McIlroy

Sydney home prices sink again as vendors rush to sell before auction

Sellers’ confidence is waning in the Harbour City amid a slowing market and shrinking pool of buyers.

  • Nila Sweeney
The inquiry into the financial regulatory framework and home ownership is due to report by December 5.

Two tweaks would let first home buyers borrow $116,000 more: NAB

Changes to the way tuition debt is assessed and a smaller serviceability buffer would increase the borrowing power of younger buyers, NAB says.

  • Lucy Dean
Affluent niche: sales of apartments targeting downsizers are booming.

The suburbs where apartment price growth is blitzing houses

Unit values are rising faster than houses in almost two out of three suburbs nationwide as housing affordability worsens.

  • Updated
  • Nila Sweeney
The government has been warned the plan will further punish potential homebuyers.

Why buying and selling a home is about to cost $1200 more

Amid Australia’s growing housing crisis, a new crackdown on money laundering is expected to add significant extra costs to property transactions.

  • Tom McIlroy

High-income households locked out of half of the housing market

The latest data shows an income of $172,000 is only enough to buy half of the homes on offer in Australia. Four years ago, it would buy 80 per cent of the market.

  • Updated
  • Nila Sweeney
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Patricia Curtis-Kline inside her 20th floor apartment at Melbourne’s Royal Domain Tower.

Metricon widow puts $5m luxury pad on market

Patricia Curtis-Kline, whose husband George founded what became Australia’s largest home-builder, is preparing to leave her adopted home.

  • Michael Bleby

Where cash buyers are splurging billions on property

More than 141,000 residential properties were sold without a bank loan involved in FY24, according to PEXA.

  • Nila Sweeney

More households making ‘difficult’ decision to sell homes, RBA warns

Real estate agents say financial stress – and divorce – are prompting a surge in distressed listings, particularly in Victoria and parts of regional NSW.

  • Michael Bleby
An auction in Melbourne on Saturday. Sales have been more difficult recently, agents say.

Listings soar in Sydney and Melbourne as homeowners run down savings

Spring is the traditional selling season. But a flood of properties hitting the market is being driven by persistently high interest rates, economists warn.

  • Michael Bleby and Joshua Peach
Management rights to Clubb Coolum Resort on the Sunshine Coast sold for $3m

Property management rights industry worth $9.4b

Rising real estate values and new developments have underpinned growth of the Queensland-dominated sector.

  • Larry Schlesinger