Average income means Home ownership is out of reach for many as Housing values rise across every capital in May.......
The recent Reserve Bank of Australia (RBA) interest rate cut to 3.85% will support housing markets, but don't expect a boom in housing prices until affordability improves. The cash rate marks a further shift toward more accommodative monetary policy.......
Eliza Owen from Corlogic has analysed the uncomfortable question at the heart of the housing policy debate - should home values come down? Housing has become one of the defining issues of the 2025 Federal Election.......
Australian home values were up 0.4% CoreLogic's April Home Value Index (HVI) has been released with all the latest must-know property market metrics, including: Australian home values were up 0.......
Reserve Bank of Australia cuts rates by 25 basis points The Reserve Bank of Australia (RBA) board has decreased the cash rate by 0.25% to 4.1%. The RBA has reduced the cash rate from a thirteen-year high of 4.35% to 4.1%.......
Australian property market maintains strength ANZ have updated their housing price forecasts and expect capital city housing prices to grow 2.7% in 2025 before lifting 4.1% in 2026.......
Australia's Gold Coast property market remains strong In the face of elevated interest rates and global uncertainty, the Australian housing market demonstrated surprising resilience throughout 2024 with the number of home sales increasing 8% on the previo......
Australia's property market reaches total value of $11 trillion Australia's property market has reached a new milestone, with the total value of residential real estate climbing to $11 trillion for the first time, increasing by $900 billion over the past ......
National home values increased 0.5% in the month of August, the 19th consecutive month of increase in home values. However, the pace of growth is showing clear signs of slowing. National home values increased 0.......
The Gold Coast has excelled to one of the Nation's strongest property markets, but over the years the Gold Coast's boom and bust history caused by volatility and fluctuation in oversupply of high-rise apartments and a highly transient population.......
Vendor Buyer activity high except in Victoria and Tasmania Over the past four weeks CoreLogic tracked 38,258 freshly advertised properties, almost 18% more than at the same time last year and 7.7% above the previous five-year average.......
Earth moving machinery is expected to begin the construction on the first major development along "The Spit" on the Southport Broadwater, north of Surfers Paradise, which is the first development on the Spit for over 20 years.......
CoreLogic's national Home Value Index (HVI) rose 0.6% in March, on par with February's increase, taking the current upswing in housing values through its 14th straight month of growth. Since declining -7.......
Housing values posted a broad-based rise in February with CoreLogic's national Home Value Index (HVI) up 0.6% in February. The 20-basis point acceleration from the 0.4% increase seen in January was the strongest monthly gain since October last year.......
Cost of building new homes rose by 0.8% in the three months to December 2023, with building approvals Decreasing. While the cost of building a new house rose 0.......
Australia's rental crisis has crashed to a new low with fresh data revealing affordability is at its lowest level in 17 years.......
Gold Coast High-Rise Apartments to Triple due to Densification.......
The Spit on the Gold Coast undergoes over a Billion Dollars in Developments. Queensland's last remaining fishing co-op has been released to the market for a marine tourism development.......
RBA Cash Rate stays firm at 4.35% for Christmas. The Reserve Bank of Australia (RBA) has left the cash rate at 4.......
Gold Coast's First Surf Park Wins Council Backing The council in one of Australia's surfing heartlands the Gold Coast has thrown its support behind plans for the city's first wave park.......
Regional markets still reeling from rising rates and shifting migration patterns Despite regional housing values rising for the past five months, a new analysis of year-on-year performance shows many markets are still reeling from high interest rates and ......
Gold Coast infrastructure projects equate to healthy property investment option. Just two of the big infrastructure projects on the Gold Coast are obvious reasons that growth is rapidly increasing which makes property investment a healthy option.......
Smooth sailing for July after 12 rate rises in a row the RBA keeps cash-rate at 4.1% After 12 rate rises in a row the RBA keeps rate at 4.......
CoreLogic's national Home Value Index (HVI) has recorded a third consecutive monthly rise, with the pace of growth accelerating sharply to 1.2% in May. After finding a floor in February, home values increased 0.6% and 0.......
Interest rates up to 3.85% and Off-The-Plan Buyers nervous. With the RBA raising the interest rate to 3.......
National home values up 0.6% in March After remaining virtually flat in February (-0.1%), CoreLogic's national Home Value Index (HVI) posted the first month-on-month rise since April 2022, up 0.6% in March.......
Interest rates push $600,000 mortgage payments from $2,600 to $3,680 per month. The Reserve Bank of Australia (RBA) raised interest rates 0.25% yesterday the 7th of March 2023, raising the cash rate from a record low of 0.1% in May 2022 to 3.......
$300 Million Mantaray Marina and Residences at The-Spit on the Gold Coast. The Spit just north of Surfers Paradise is now the focus of a $1.......
RBA interest rates climb but who can govern the big banks? The table of records below show the percentage change in the cash rate and changes taken from the RBA website. 7 March 2023 +0.25 3.60 8 Feb 2023 +0.25 3.35 7 Dec 2022 +0.25 3.10 2 Nov 2022 +0.......
Regional Queensland is still the big draw card for Australia's shifting population.......
The most expensive home ever auctioned in Queensland sells $42 Million.......
Huge investments in Build-to-Rent developments while housing supply and rental vacancies tighten.......
Property sales slowing but rental supply short as the rich get richer and the needy suffer Australian Renters are still in a negative position with rental shortages and exorbitant prices holding firm.......
RBA raises cash rate for the 8th month in a row from 2.85% to 3.1% The Reserve Bank of Australia (RBA) has raised rates for the 8th month in a row from 2.85% to 3.1%, lifting the official cash rate to its highest level in 10 years.......
Queensland landmark energy plan blows out by $14 Billion The Queensland Government's energy plan would need $76 billion in investment in real terms by 2040, not the $62 billion currently quoted by the Government, according to the latest EY reports and mod......
Australia is under-supplied of 26,000 New Homes that were not built After one of Australia's biggest property booms, we are still around 26,000 new homes short of the needed supply.......
CoreLogic's home value index shows that Brisbane's house prices slumped by 2% in October, a sharper fall than in any other capital and their largest monthly decline on record. But Brisbane had a more substantial upswing of 42.7% compared to Sydney's 27.......
. . . Rentals tighten, growth eases, constraints are working Australia's rental market continues to tighten to record levels, the pace of rental growth has started to ease, suggesting affordability constraints are having an impact.......
. . . Reserve Bank of Australia raises cash rate by .25% to 2.60% At its meeting on 4 October 2022, the RBA Board decided to increase the cash rate target by 25 basis points to 2.60 per cent.......
. . . Queensland Population Boom is good for some and sad for others The Australian Bureau of Statistics (ABS) recent National, State and Territory Population release shows our national population grew by 0.5% during 2021.......
. . . Build costs soar more than $94,000 in 15 months Housing Industry Association (HIA) stats reveal house building costs jump by $94,000 in the strongest rise since 1982: ABS.......
. . . RBA and Bank interest rates into the great unknown The Reserve Bank of Australia (RBA) has raised the cash rate by 50 basis points in July, taking it up to 1.35%. Australia's major banks fix rates are anywhere from 1.75% to 2.......
. . . CoreLogic's Cordell Construction Cost Index (CCCI) for Q1 2022 showed national residential construction costs increased 9% over the 12 months to March 2022, the highest annual growth rate on record outside of the introduction of the GST (10.......
. . . REA supports off-site construction homes that help ease the shortage. Homes that were built off-site are being transported to their destination on the Gold Coast to help families who need housing.......
. . . Queensland rental crisis hurts tenants and rewards investors It's a sad situation for people who need affordable accommodation in Queensland as rental crisis pushes people to the brink.......
. . . The Gold Coast Australia's Favourite City Queensland's population has spiked faster than any other state or territory, according to the Australian Bureau of Statistics.......
. . . Queensland Commits $1.1bn to Pre-Olympic Rail Upgrades More than a billion dollars will be spent to bring the Brisbane-Gold Coast rail link up to scratch before the 2032 Olympic and Paralympic games. The $1.......
. . . Once upon a time the Gold Coast was based on Tourism, Construction, and Retail Trade, but this beautiful Region is maturing into a sustainable location with stability and serious long-term growth.......
. . . Property prices raised by 6.7% or $50,000 in the June quarter 2021 According to the Australian Bureau of Statistics (ABS), property prices are now up 16.......
. . . Very sad situation when young Families cannot afford to buy a home Australian housing prices rise at a rate not seen since 1989 According to CoreLogic's national home value index prices rose another 1.......
. . . Property buyer demand has reached record high levels Property buyer demand has reached record high levels through extended Covid-19 lockdowns in Australia's biggest property markets with purchasers having limited choice as prices continue to rise.......
. . Australian property prices are $103,400 higher than last year, CoreLogic says Sydney's median property price lifted 1.8pc to $1.04 million in August.......
. . . Record Sales Absorb Gold Coast Apartment Supply Red-hot demand due to pandemic-inspired sea-changers and downsizers has led to record apartment sales on the Gold Coast, dragging supply levels to new historical lows.......
. . Building demand drives 1.4% quarterly increase in construction costs CoreLogic's national measure of residential construction costs show an increase of 1.4% in the three months to June 2021, outpacing the Consumer Price Index of 0.......
. . . . No End to Global House Price Surge The current residential boom is unlikely to bust thanks to housing undersupply, high employment levels and a strong economic forecast underpinning the market, according to new research.......
. . . Property values up 13.5% last financial year plus 1.6% in July National home values rose 1.9% in June, taking annual growth to 13.5% for the financial year. The growth in Australian dwelling values was led by houses, which rose 15.......
. . . New Unit sales increase by 100% on Gold Coast. Apartment prices have increased on average by 23% over the previous year with Urbis property research saying price growth is unsustainable but sales growth could continue.......
. . . Sad reality for people needing to rent a home. Over half of Australia's detached housing markets has become unaffordable for tenants as diminishing rental supply fuels large rental price increases in many areas.......
. . Apartment sales on the Gold Coast have picked up pace in recent months with figures across 2021 so far outstripping the surge at the end of 2020.......
. . . Record $30.2 Billion in home loans in March as property prices continue to increase through April and beyond. The latest Australian Bureau of Statistics (ABS) report shows that new home loans reached $30.......
. . With extremely low interest rates driving the property industry we are seeing the result that it is cheaper to buy a home than to rent one.......
. . The Gold Coast City Council is planning Density-Housing not Forest-Destruction. Interstate migration is putting pressure on the Gold Coast region with only 20% of homes deemed affordable.......
. . . Properties are selling quickly across the Gold Coast. Properties are selling quickly across the Gold Coast with intense competition from; Young couples trying to secure a home as their nest-egg.......
. . . RBA keeps interest rates at record low of 0.1% The Reserve Bank of Australia (RBA) has kept interest rates at its record low of 0.......
. . . CoreLogic research has revealed that Australia's property prices rose 2.1% in February, marking their strongest national growth in 17 years with simultaneous rises across every state and territory which coincide with the record low interest rates.......
. . . . Westpac's senior economist Matthew Hassan said the state's markets were now very tight with "sales running well ahead of listings and extremely tight rental vacancy rates in most areas" tipping the market into a boom.......
. . The Commonwealth Bank (CBA) is forecasting a surge in house prices over the next two years of up to 16%, while unit price-growth will be more muted at 9%.......
. . We have seen some of the strongest signs of stability, growth and demand in the Gold Coast's Property Market through the pandemic, due to the Gold Coast's clean warm healthy climate and liveability aspects.......
. . Demand for Gold Coast homes to renovate is stronger than new home sales. There were 75,143 households apply for the $25,000 home grant under the Home-Builder scheme as at the end of December 2020, that's nearly double Federal Treasury forecasts.......
. . . . Analysts at the Reserve Bank have projected house prices could increase by 30 per cent over the next three years if low interest rates prevail.......
. . The Reserve Bank of Australia (RBA) drops cash rate to historic low of 0.1% which fuels property market Historically cuts to interest rates have fuelled housing market activity and generally put upwards pressure on dwelling prices.......
. . . . Gold Coast Homes maintain amazing stability and value Over the years many Gold Coast residents, particularly within the rental sector, have exited the Gold Coast and returned to their Family homes in Melbourne, Sydney etc.......
. . . Fast-tracked tax cuts for 11 million Australians, wage subsidies for young workers and business incentives underpin a big-spending federal budget aimed at creating jobs to drive Australia out of the coronavirus recession.......
. . Migration to the Gold Coast from Melbourne and Sydney is picking up pace rapidly There have been some substantial property purchasers on the Gold Coast from Melbourne and Sydney Buyers over the past few months.......
. . . Plans are picking up steam to connect the Gold Coast light rail to the airport and create a pedestrian "ocean-way" along Palm Beach.......
. . Queensland Gold Coast property market may avoid a predicted downturn due to the coronavirus pandemic with an increase in the number of interstate buyers looking for not only a sea change, but a clean warm healthy change of lifestyle.......
. . The Australian Bureau of Statistics (ABS) reported that 33,712 Australians refinanced a record $15 billion worth of mortgages in the month of May due to customer reaction as the country's first recession in nearly 30 years hits home.......
. . . The Aria Property Group has lodged plans to build a 30-storey tower with 382 apartments, a two level of residents rooftop entertaining area, plus a 1,350sq metre public park at the base of the building, and a ground floor retail component.......
. . . This is an interesting article by Ilan Wiesel, Liss Ralston, and Wendy Stone A housing boom that lasted from the mid-1980s with only minor interruptions has added to rising income inequality in Australia.......
. . Everyone thinks China is buying up Australia but the USA is buying far more In the 1960s and '70s the USA was purchasing Australia, then it was Japanese investment in the 1980s, and in 2019 China invested $78.2 billion in Australia. But China's $78.......
. . Government gives $668-Million to Wealthy for Home Renovations but the Needy go without Morrison and Frydenberg announced the details of the Government's $688-Million home-builder-scheme.......
. . . The New Tweed $673.2 Million Hospital Project is a Winner The Tweed Valley Hospital Development valued at $582 Million has had a significant top up with the State Government announcing it would invest an extra $91.......
. . . Lessons can be learned from the Covid-19 pandemic to design people-friendly buildings and cities that embrace the natural environment and make us more resilient to future pandemics.......
. . . . The Clean Energy Council's 'A Clean Recovery' outlines a plan to utilise Australia's extraordinary renewable energy and energy storage potential to jumpstart Australia's economic resurgence.......
. . . Australia was once a reasonably self-sufficient Nation who prided itself on quality products which were sought after internationally because of our high standards and regulations.......
. . RBA cuts rate to record low 0.25% Starts up the cash printing with quantitative easing The Reserve Bank (RBA) has cut interest rates to an all-time record low of 0.......
. . . . With all the talk of doom and gloom over Covid-19, which is based on fact if you get it from a reliable source. The Gold Coast has surprised us over the past few weeks with signs of growth and demand as buyers pick up pace, not slow down.......
. . . Predictions were correct with Australia's Interest Rate plummeting to an all time Record Low 0.5% The Government has also instructed the major Banks to follow suit and reduce the home loan rate to help all Australians.......
