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Latest news: Real Estate

'Decline': housing downturn looms as rate hikes bite

'Decline': housing downturn looms as rate hikes bite

Higher rates and affordability pressures are threatening to push the housing market into a decline, with prices in the two biggest cities already on the slide.

Third RBA rate hike might not be the end for borrowers

Third RBA rate hike might not be the end for borrowers

Third RBA rate hike might not be the end for borrowers

Third RBA rate hike might not be the end for borrowers

Mortgage holders are back to square one after a third straight Reserve Bank rate hike, adding hundreds of dollars more to interest repayments since February.

PM rubbishes budget tax speculation as home prices slow

PM rubbishes budget tax speculation as home prices slow

PM rubbishes budget tax speculation as home prices slow

PM rubbishes budget tax speculation as home prices slow

Sydney's home price premium over Brisbane and Perth continues to narrow as values retreat in Australia's two largest cities.

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First home buyer scheme leading to housing price rise

First home buyer scheme leading to housing price rise

House prices for homes under thresholds for a five per cent deposit scheme are outstripping increases for all other homes.

Data reveals key to fixing housing affordability crisis

Data reveals key to fixing housing affordability crisis

Two major cities are becoming more unaffordable faster than other capitals, as they build fewer homes relative to population growth than Sydney and Melbourne.

Major capital home prices slip in two-speed market

Major capital home prices slip in two-speed market

Australia's housing market is diverging as the biggest capitals go backwards while growth accelerates in mid-tier cities.

Housing sweeteners spruiked ahead of state election

Housing sweeteners spruiked ahead of state election

Housing is shaping up as a key election issue for younger voters struggling to break into the property market, as a state government announces two new policies.

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'Made me feel ill': relief for househunting headache

'Made me feel ill': relief for househunting headache

'Made me feel ill': relief for househunting headache

'Made me feel ill': relief for househunting headache

Vendors are set to be saddled with organising and paying for building and pest inspection reports under an Australian state-first scheme.

Major cities flounder in ‘two-speed’ housing market

Major cities flounder in ‘two-speed’ housing market

Major cities flounder in ‘two-speed’ housing market

Major cities flounder in ‘two-speed’ housing market

Home prices are flat-lining in Australia's biggest cities and surging elsewhere as new national data tells a tale of two housing markets.

Major builder expects 'chronic undersupply' to continue

Major builder expects 'chronic undersupply' to continue

Major builder expects 'chronic undersupply' to continue

Major builder expects 'chronic undersupply' to continue

Pent-up demand has property group Mirvac optimistic about the outlook for residential housing despite the prospect of higher interest rates.

Regional housing market booms, outpacing capital cities

Regional housing market booms, outpacing capital cities

Regional housing market booms, outpacing capital cities

Regional housing market booms, outpacing capital cities

Buyers are turning to regional Australia for housing affordability, but little relief can be found in some of the fastest-growing areas outside the cities.

Shopping mall owner bounces back as vacancies fill up

Shopping mall owner bounces back as vacancies fill up

Shopping mall owner bounces back as vacancies fill up

Shopping mall owner bounces back as vacancies fill up

Suburban shopping centre mall operator Regions Group says it has filled most of the vacancies left from the liquidation of Mosaic Brands.

Property website's listings fall, shares tumble

Property website's listings fall, shares tumble

Property website's listings fall, shares tumble

Property website's listings fall, shares tumble

Realestate.com.au owner REA group has grown its first half revenue and profit, despite a six per cent fall in its digital property listings.

Supply shortage underpins shaky growth in home values

Supply shortage underpins shaky growth in home values

Supply shortage underpins shaky growth in home values

Supply shortage underpins shaky growth in home values

Home price growth picked up in January, but results were mixed across the capital cities, with one jurisdiction leading the way on rental affordability.

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'Milestone deal' for 100,000 first homes target

Other states are "very keen to sign up" to a federal plan for 100,000 new first homes after Prime Minister Anthony Albanese announced the opening deal.

Rate hikes, affordability won't curb house prices

Property professionals are confident that housing prices will continue to grow in 2026, despite worries about higher interest rates and affordability.

Capital city rents hit record highs apart from one

All but one Australian capital has yielded annual growth in rents, but experts expect that city to be a star performer in the long-term.

RBA official's advice to borrowers over inflation data

Mortgage holders have been warned not to expect relief anytime soon with the latest inflation figures unlikely to significantly influence the RBA's thinking.

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Weaker housing market tipped as rate hike fears mount

House prices recorded strong gains in 2025 but fears of rate hikes look set to cool Australia's housing market in early 2026.

Six figures or out: income needed for typical rental

To be able to afford rent for a typical house, Australians need to be earning 51 per cent more than they did before the pandemic.

State-forced witness testimony 'good democratically'

A 120-year-old law forcing people to give evidence at inquiries has been slammed in court as the separation of power between judges and politicians is examined.

In-app-propriate: renters quizzed on personal details

Almost half of Victorian renters are being forced to use digital platforms to apply for and maintain their accommodation despite privacy concerns.

Developer denies reported links to organised crime

A billion dollar property development firm claims Nine news reports alleging links with organised criminals such as the Alameddines were false and damaging.

Cyclone-hit coastal town blows away house value gains

The housing market strongly rebounded in 2025 as interest rate cuts, easing inflation and limited supply fired up competition, the latest property data shows.

Homebuyers at square one as price hikes eat rate cuts

A slowdown in the bellwether housing markets of Sydney and Melbourne suggests that sentiment is starting to sour as hopes of more interest rate cuts dissipate.

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