Domain reports that one percentage point increase in stamp duty causes the number of home purchases to decline by over 7%.

Realestate.com.au reports that the latest PropTrack Home Price Index shows national property prices hit a new record high in February.

Corelogic has reported that property values in Australia’s combined regions are outperforming the combined capital cities.

Corelogic has reported that Australia’s housing upswing continued through the first month of 2024 with the national Home Value Index (HVI) rising 0.4%.

A new waterfront development proposed by Kokoda Property and located at 27 Skyring Terrace Teneriffe will add 300 new homes and a hotel with 160 rooms.

Realestate.com.au has found that the number one feature buyers searched for across the country was a swimming pool.

A floating tower which would sit on impressive 20 metre stilts has been proposed for an old dock at 26 Cairns Street, Kangaroo Point.

The Domain report examined the number of distressed listings in each capital city from January 2021 to June 2023.

The most competitively priced apartment within the Spyre Goup’s Moray House has just sold off-the-plan to southern buyers for $9M.

Queensland developments have won a number of awards at this year’s Urban Development Institute of Australia (UDIA) Awards.

CoreLogic has reported that across the country there are 2,459 homes scheduled for auction this week up 33% on the previous week.

The Australian housing market in 2022 has been defined by rising inflation, interest rate hikes and deteriorating affordability.

The founder of Jalna Dairy Foods, Campbell McLaren, has paid a record $27M for 12 Noosa Parade, Noosa Heads.

The Housing Industry Association (HIA) has revealed that the decline in new detached house starts continues.

According to PropTrack and Realestate.com.au there are now 88 Australian suburbs where the automated valuation model (AVM) comes in above $3 million.

Corelogic has reported the volume of auctions this week across the capital cities is over 17% higher than last week and over 35% higher than the same time last year.

The CoreLogic Home Value Index analysed 3,085 capital city house and unit markets to provide a national overview of quarterly and annual changes to median values.

The Corelogic “Pain & Gain” report has found that the rate of profit-making sales across the Australian property market has fallen for the first time since August 2020.

Following their June meeting the RBA has lifted the cash rate 50 basis points.

Corelogic has found that aside from Perth all capitals recorded their lowest auction clearance rate this year possibly as a result of the federal election.