Auction Market Plunges to New Low Amidst Housing Correction Australia’s two largest housing markets, Sydney and Melbourne, are currently navigating a significant correction, with both cities recording price falls exceeding 2% over the last quarter. This downturn is acutely reflected in their respective auction markets, where clearance rates have plummeted to their lowest levels in
Search An extensive international search operation is currently underway in a remote sector of the Pacific Ocean, following the sudden disappearance of the deep-sea research submersible, ‘Triton Explorer,’ and its five-person crew. The vessel, operated by the Oceanic Exploration Institute, lost contact with its surface support ship, the ‘Voyager,’ approximately 72 hours ago while conducting
The Cities Where House Prices Rose Six Times Faster Than Inflation, Fueling Australian Wealth New analysis from a leading property portal has shed light on a profound economic phenomenon reshaping Australia’s financial landscape: the extraordinary divergence between house price growth and inflation. The data reveals that in numerous Australian cities, residential property values have surged
Inside the Property Tactic Giving New Investors a Chance After Federal Budget Changes Recent federal budget adjustments have intensified the landscape for aspiring property investors, with tighter lending conditions and increased cost of living pressures making the initial leap into the market more daunting than ever. However, a growing number of new entrants are discovering
Australian Property Market Braces for Shift: Investors Urged to Reassess Portfolios, Eye New Builds CANBERRA, ACT – Australia’s property investment landscape is poised for a significant recalibration following the announcement of the Budget 2026/2027 on May 12. The federal government has unveiled three pivotal housing property measures designed to reshape market dynamics, prompting property experts
Hot Property: The biggest property headlines from the week 1–5 June The Australian property market remained a dynamic landscape during the week of 1–5 June, with a flurry of significant developments spanning residential, commercial, and policy realms. This weekly round-up compiles the biggest news stories from across Momentum Media’s property brands, offering a comprehensive overview
RBA Pushes Back Against Labor’s Housing Spin CANBERRA – The Reserve Bank of Australia (RBA) has issued a significant challenge to the Albanese government’s projections for new housing investment, suggesting a notable overestimation of future housing supply in the federal budget. This divergence in forecasts indicates that the government may be overstating the number of
Forget Commercial Property: The Real Asset Switch Supercharging Portfolios For years, commercial property has been a cornerstone of diverse investment portfolios, often touted for its potential for significant capital growth and steady rental yields. However, a seismic shift is underway in the investment landscape, with astute investors increasingly looking beyond traditional office buildings, retail spaces,
Commonwealth Bank Drops Housing Forecast as Budget ‘Accelerates a Slowdown’ Sydney, Australia – The Commonwealth Bank of Australia (CBA) has significantly revised its outlook for the nation’s housing market, predicting a sharper decline in home prices than previously anticipated. The major lender now believes the property sector faces “multiple headwinds,” with the recent federal budget
Landlords urged to rethink who’s really managing their Airbnb As the allure of the short-term rental market continues to draw significant investor interest, regulators across the country have issued a stern warning to landlords: verify the credentials of those managing your property. A growing number of professionals operating in the Airbnb and Stayz ecosystem may