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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Renovations on second-hand properties could be eligible for depreciation tax deductions.
The new law will limit developers’ rights to call off contracts unless given permission by the buyer or an order from the Supreme Court.
Both cities recorded their highest monthly dwelling price gains since 2003.
Property owners who went off-market faced losses of up to $30,000.
How long the boom will persist ultimately depends on the affordability of these regional markets compared to their respective capital cities.
The city’s rental yield is the second highest across all capital cities.
Brisbane is set to defy the expected downturn in prices.
Dwelling price gains in the city are keeping pace with those of Sydney and Melbourne.
The price gains achieved by capital cities over the past year is the third fastest episode of house price growth in history.
Around one in 10 owners have moved to another location and have no plans of going back.
Prices are likely to reach their peak next year, before declining by around 10% in 2023.
Demand for new homes and multi-unit apartments are likely to remain elevated, which could lead to increased construction costs.
The price surge amid lockdowns have shifted buyers preferences for affordability and value for money.
The South Australian capital managed to defy the seasonal slowdown of the housing market during the third quarter of the year.
Recent market indicators show the city’s strong performance is apparent across all price segments.
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