Property Prices

Local governments and property law experts are calling on state governments to use their powers to force the owners of vacant and derelict properties to use them or lose them.

Domain's June quarter update has revealed while rental prices across the country are at record highs, the pace of growth is slowing. Domain's Chief of Research and Economics Dr Nicola Powell says it's probably too soon to definitively say, but there are signs the market has peaked.

Domain's June quarter update has revealed while rental prices across the country are at record highs, the pace of growth is slowing.

Landlords in New South Wales say a looming policy change by the state government to ban a practice known as "no-grounds evictions" will erode the rights of property owners and reduce the amount of rental stock on the market. 

With official estimates putting the number of vacant and derelict homes above 100,000 across Australia, local governments and property lawyers argue they could be part of the solution to Australia's apparent housing shortage.

Those attempting to navigate the property market may be familiar with the plethora of property price guides published each month. But are they more of a hindrance than a help?

Investors say they're selling properties in Victoria due to the threat of increased taxes, changing tenancy laws and rising interest rates. But Victoria's not the only state where the number of rentals appear to be falling.

Australia's much-discussed narrow path out of the inflation fight is rapidly turning into a highwire act. While one more rate hike from the RBA could cause a recession, holding back if inflation accelerates further will damage its credibility.

More cashed-up foreign buyers purchase Australian property, with those from China, Hong Kong and India topping the list

Property prices in Perth have reached record highs in recent months and are expected to rise even further in the coming year, with a prediction they will increase between 8 and 11 per cent.

Australian property prices are expected to increase by as much as 5 per cent in calendar year 2024, according to the June PropTrack Property Market Outlook Report.

After a downturn during the pandemic, foreign buyers are back. Most are coming from China, Hong Kong and India, with the value of transactions hitting almost $5 billion over the past financial year.

A report has found many frontline workers in South East Queensland can't afford to live where they're needed most.

With a $593 million hydrogen plant on the way, sales activity in Whyalla's housing market is on average double compared to its regional neighbours. 

The Beyond Reach report has found affordable housing — where housing costs are 30 per cent or less of income — has "almost ceased to exist" for essential workers in south-east Queensland. 

Gentrification continues to expand further away from the centre of major cities. There are several indicators that can give you a hint your suburb is heading for a transformation.

The Australian share market closed higher on Friday, despite losses on Wall Street that saw chipmaker Nvidia lose its title as the world's most valuable company to Microsoft. And more foreign buyers are buying up Australian residential property according to new ATO data. Follow live.

More than 100 Australians earned more than $1 million yet paid no tax in 2021–22, while Australia's highest earners live in Double Bay, according to newly released data from the Australian Taxation Office.

The average Australian earner will take 14 years to save a deposit for an average home, according to new ABS data.

After a divorce, single mum Fran saved for 13 years to buy a home on Sydney's Northern Beaches, now she's worried her children will never get the chance.

A study ranking nearly 100 cities in eight countries places Sydney, Melbourne, Brisbane, Adelaide and Perth among the world's least affordable cities to buy a home.

An influx of skilled migrants and homebuyers supported by parents are driving demand for properties.

Huge demand and lack of supply paint a grim picture for anyone saving to buy their first home, analysts warn.

With standardised contracts, signing a lease doesn't need to be as stressful as the search for a rental property. Experts share the red flags to look out for to ensure you're getting the real deal.

Holidaying in one of Australia's most popular tourist destinations could be about to get more expensive after a local government rate rise targeting short-term rentals.