The RBA’s November decision to hold the cash rate at 3.60% has set the tone for the market. Recent data show inflation at 3.2% (headline CPI) and 3.0% (trimmed mean) over the year to September. In other words, inflation is on the high side of the RBA’s target, so analysts expect rates to stay on […]
Stable rates and rising demand spark a busy summer market Read More »
With the Australian property market still strong and stable, both purchasers and investors are feeling confident. Despite the higher interest rates over the last couple of years, the majority of borrowers are keeping up with their repayments, and property prices are still increasing. This mix of strong borrowers and growing prices is creating new opportunities and a
Strong Borrowers, Rising Prices: What Today’s Market Means for You Read More »
The Reserve Bank of Australia (RBA) has opted to maintain the current level of the cash rate in light of persistent increases in residential construction costs. Official estimates indicate that the total cost of new residential dwellings rose by 0.5 per cent in the June quarter, following a 0.4 per cent increase in the March
Rising Building Costs Restrain RBA Rate Reduction Read More »
Implications for Property-Seeking Households The Reserve Bank of Australia (RBA) blindsided observers by keeping the cash rate at 3.85 percent when it met in July. After two cuts earlier in 2025, many analysts had forecast a third reduction, and borrowers were looking forward to smaller monthly mortgage bills.That expectation is now on pause leaving homebuyers
RBA Holds Cash Rate at 3.85 Percent in July Read More »
This month, the Reserve Bank of Australia caught plenty of watchers off guard by keeping the cash rate at 3.85 percent, a move few economists and none of the big four banks expected. Even though the central bank froze rates for now, traders and lenders still see cuts around the corner. Already, buyers who jump
RBA Steadies Rates, Yet Big Banks See Cuts Ahead: Smart Moves for Home Buyers Read More »
Australia’s property market has maintained solid sales results into the early stages of 2025, with 94.9 % of property sellers lining their pockets with a profit in the March quarter, according to the latest Pain and Gain report by CoreLogic. Although the median profit figure dropped a little to 305,000 dollars from 310,000 dollars in
New data from the Australian Bureau of Statistics for the March Quarter in 2025 confirms that the average residential dwelling price has crossed the historic threshold of 1million.The mean value is now reported at exactly $1,002,500, with a $6,900 lift from the previous quarter. The ABS also says the total worth of all residential properties
Australia’s Property Market Breaks $1 Million Barrier Read More »
Recent data indicates that almost all capital cities are experiencing homes selling at an increased pace. The most recent data from Domain shows a declining trend in ‘days on the market,’ with Sydney leading the trend by a reduction from 66 days in March to 63 days in April. Melbourne, Brisbane, and Adelaide have also
Properties Are Selling Quicker As FOMO Returns To Australia’s Property Market Read More »
The Australian auction market in the capital cities responded strongly to the recent rate cut, exhibiting an increase in auction activity and more favourable clearance rates. This response is in line with previous behaviour observed after rate reductions—interest rates are a powerful motivator for heightened market activity. Overall Market Response In the week following the
Auction Markets Respond Positively to Rate Cut Read More »
Where Does $1 Million Go Furthest in Australia’s Housing Market? New data from Cotality reveals that one in three homes across Australia is now worth a million dollars or more. In capital cities, the proportion is even higher: almost half of all homes are that pricey. The regions are catching up, too, as demand beyond the city
Where Does $1 Million Go Furthest in Australia’s Housing Market? Read More »
