Tag #Australian Housing Market

Showing 25 to 32 of 32 results

smh.com.au
🌐 75% Global Worthiness
News related image

WA Labor's Stamp Duty Threshold Increase Deemed Insufficient

Western Australia's Labor party raised the stamp duty-free threshold for first home buyers from \$450,000 to \$500,000, a move criticized as insufficient because only seven standalone homes in the Perth region are listed below \$500,000, pushing first-home buyers towards high-density living and cont...

Progress

60% Bias Score

Reduced Inequality
smh.com.au
🌐 65% Global Worthiness
News related image

Sydney Housing Market Sees Listing Surge Amid Softening Prices

Sydney's housing market is experiencing a rise in listings, with total listings in Greater Sydney up 6.7 percent year-on-year and 8.2 percent above the five-year average, driven by softening prices and increased buyer choices, particularly in areas like Sutherland and the eastern suburbs.

Progress

36% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
News related image

Australia's Housing Market Shifts from Seller's to Buyer's Market

Increased residential listings in Australia, particularly in Sydney and Melbourne (up 50 percent in some areas), coupled with a December 2024 drop in national property values, signal a shift from a seller's to a buyer's market, driven by high interest rates, cost-of-living pressures, and sellers ant...

Progress

40% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
News related image

Record Profit for Australian Home Sellers Masks Regional Disparities

Australian home sellers saw a record 95% profit rate in the September quarter, driven by Perth and Brisbane booms, while Sydney and Melbourne showed weakness; loss-making sales fell to a 15-year low of 5%, largely due to unit market improvements.

Progress

36% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
News related image

Australian Housing Market Cools as Interest Rates Bite

High interest rates and record mortgages caused Sydney and Melbourne house prices to fall 0.4% and 0.5% in January, respectively, impacting unit values and other capital cities while Perth remains strong; however, easing rents offer some relief.

Progress

36% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
News related image

Record Australian Property Spending in 2024 Exacerbates Housing Crisis

Australians spent a record $714.7 billion on property in 2024, exceeding the previous year by 17.3% and 2020 by 64.2%, despite high interest rates and prices; this highlights ongoing housing unaffordability, driven by strong job markets, population growth, and savings buffers.

Progress

40% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
News related image

Australia's Housing Shortage Defies Higher Interest Rates in 2024

In 2024, high Australian interest rates failed to curb property price increases due to extremely low housing supply, caused by strong population growth, smaller household sizes, and pandemic-related factors; however, Melbourne saw a price downturn due to increased housing supply.

Progress

44% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 65% Global Worthiness
News related image

Slight dip in Australian home values predicted for early 2025

Australian home values could slightly decrease in early 2025 due to sustained low buyer demand, despite a possible Reserve Bank interest rate reduction; however, the market showed resilience in 2024 with increased home numbers and sales but slowing growth.

Progress

40% Bias Score

Reduced Inequality

Showing 25 to 32 of 32 results