The median land price hit its strongest annual increase since 2006.
Annual comparison shows that housing starts are on a new record high.
After hitting record lows in 2020, fixed home loan rates started trickling back up in 2021. So where are rates headed in 2022?
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The proposed reform would consider the value of interstate investments when assessing tax liability in Queensland.
The situation, however, is different in regional markets, where new listings remained substantially down from pre-pandemic levels.
Sales activity in the city’s luxury residential segment has already tripled since 2019.
PropertyGuru’s fourth annual Asia Property Awards (Australia) winners and highly commended awardees were announced on Thursday 9th December in a virtual gala celebration premiering on AsiaPropertyAwards.com and the official live platforms on Facebook, LinkedIn, and YouTube.
Five of the eight capital cities now have vacancy rates of under 1%.
Six of the eight Australian capital cities have median prices that are still undervalued compared to the affordable median price an average household can afford.
They can only afford around 10% of rental properties across Australia.
Strong rental returns await savvy investors in South West Queensland.
The housing market is on its fastest upswing on record, with prices and sales rising consistently.
Sellers are rushing to make a sale before Christmas, making up for the lost time during the recent lockdowns.
The pandemic has changed the investors’ buying habits, with a sizeable proportion choosing to invest more than 200 kilometres away from their home.
Australia’s housing is shifting away from being a sellers' market, as the surge in listings provides buyers with more options.
Vacancy rates across many capital cities are at multi-year lows despite slight increases over the past month.
Recent figures show the investor segment expanding their market share for new housing loan commitments.
The increase in listings could explain the modest gain in house prices despite robust sales turnout.
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