House prices regain losses, on the way to pre-pandemic peak

[{"selector":"#anim-6201b223-8f61-4b02-9b34-8c3652f4198d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.4034399948172863e-15%, 2.5495635385903583e-7%) scale(0.8403361344537815)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] AUSTRALIA’S home values have been on the up and up for seven consecutive months, with both house and unit values fast approaching their pre-pandemic peaks. Read more

[{"selector":"#anim-9b149f60-8f83-480a-a237-0f93a09748ce [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(4.932693372218877e-15%, 2.5074219883873775e-7%) scale(0.8264462809917356)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] According to CBRE’s Australian Residential Figures report for Q3 2023, capital city house values have increased by around 7% since March and unit values by... Read more

[{"selector":"#anim-61780f41-aad4-4530-8229-ddb186c6da6e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “Nationally, dwelling values corrected by around 10% peak to trough. Since March, much of this correction has been reigned in. Most capitals have seen... Read more

[{"selector":"#anim-e8aa6308-fb86-4910-b45f-5f07516b695a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “In fact, REIA data to June was showing Perth and Adelaide median house prices at record highs while Brisbane and Sydney were quickly approaching their... Read more

[{"selector":"#anim-5a8266ac-b625-4d3c-9ba3-a6560eccff7f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] With the return of overseas migration and supply pipelines remaining limited, the national vacancy rate for the quarter settled at around ... Read more

[{"selector":"#anim-450d02ea-52a4-46fd-b253-7c79ad56ad06 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] In rental markets across the country, rental rates have continued to rise, nearing 30% in annual growth in some markets with increases expected to... Read more

[{"selector":"#anim-33e5b717-2d17-4231-801f-528c7636375a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “Undersupply in the rental market remains the key issue to be addressed with vacancy to remain at near historic lows and rental growth pressures to continue,... Read more

[{"selector":"#anim-f5bf4c31-0fbd-4447-af33-144465b413ca [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “Despite government moves to boost supply, it will still take some years for pressures to be relieved, with the financial feasibility of large projects still questionable and... Read more

[{"selector":"#anim-75c414be-671a-4922-9869-52e60aa9b56f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(4.932693372218877e-15%, 2.5074219883873775e-7%) scale(0.8264462809917356)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Sydney Read more In Sydney, pricing has rebounded over 2023, with rents inn turn reach new highs. REIA data for the June saw Sydney’s median house price up...

[{"selector":"#anim-f7785eb0-e4c7-4959-b662-d596d8d49172 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Read more Melbourne Melbourne’s price recovery continued to lag behind much of the country, despite steady rises since the June quarter...

[{"selector":"#anim-840148d6-4370-42c2-99f8-d1cb9302e063 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Read more Brisbane Strong levels of population growth continue to drive up values in Brisbane and South East Queensland, with interstate migration over 2021 and 2022 being replaced by...

[{"selector":"#anim-b3d4b44e-c7e4-4b33-9ed9-c17914472509 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(4.932693372218877e-15%, 2.5074219883873775e-7%) scale(0.8264462809917356)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Read more Adelaide Adelaide remained largely resilient against the impacts of rising interest rates and housing cycle decline, with prices only declining in the...

[{"selector":"#anim-76998e90-4918-492f-88f3-9444f001657d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Read more Perth In Perth house prices have reached new record highs with little sign of slowing, while units have declined in four of the last five quarters...

[{"selector":"#anim-920a592a-1066-4152-a043-2fff7f0fbb6e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Read more Canberra Like Melbourne, price growth in Canberra has been lagging over the last few quarters, through values still remain high...

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[{"selector":"#anim-f9658f7b-2312-4cd9-b5b8-003370fc248d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d2224f05-2014-4189-aabf-fbee196ce29c","keyframes":{"transform":["translate3d(-262.68657%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Our Website Our Website Our Website Our Website Our Website Our Website Our Website Our Website

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House prices regain losses, on the way to pre-pandemic peak

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