Podcasts about proptrack

Brokers and aggregators who take advantage of data are better equipped to engage new clients, retain their services, and predict property changes. Brokers who can win trust by educating on the insights that matter stand to provide a more comprehensive service for borrowers. This was the topic of discussion in this latest episode of Broker Daily Spotlight. Here, PropTrack's head of product mortgage solutions, Cam Taylor, described how it is helping aggregator groups leverage unique data to equip their brokers with digitally native tools that then predict, engage, nurture, and close more deals. Taylor drove home the importance of leveraging data to better service clients as their needs and decision- making process evolve. Brokers who understand market trends as well as movement within their own portfolio are better placed to elevate their role and grow their back book. PropTrack is making some exciting moves in this space through the use of predictive modelling and listings alerts. This allows for a tailored and unique customer experience that provides insight before it even occurs, and helps your brokers be proactive about retaining their clients and growing their portfolio.

In this episode, we challenge the growing media and political narrative blaming older Australians for the housing crisis. With new data from Australian Seniors and PropTrack, we unpack why the push to guilt Baby Boomers into downsizing is not only misguided — it's deeply unfair and factually wrong. We expose the lazy policy thinking behind the idea that empty nesters are hoarding homes, and explain why the real culprits are chronic supply shortages, failed planning systems, outdated pension rules, and a political class allergic to real reform. From rising relocation costs to a lack of suitable alternatives, we examine the complex reasons why downsizing isn't the easy fix the headlines claim. This is a must-listen for anyone tired of shallow blame games and looking for real solutions to Australia's housing crisis.

房地產分析網PropTrack 發布的《2025 年租房負擔能力報告》，顯示今年租屋者整體而言、正面臨著澳洲歷史上最嚴峻的租房條件。

In this episode of Talk Property To Me, hosts Brad East and Aaron Downie break down the latest rental market trends in Australia for 2025. With rental prices dropping in key areas across Sydney, Brisbane, and Melbourne, what does this mean for renters and landlords? We analyze the PropTrack report from September 2024, which reveals that many Local Government Areas (LGAs) in Sydney are now seeing renters paying below advertised rents. Suburbs like Woollahra, North Balgowlah, and McLeod (Melbourne) have experienced significant rent declines, while Brisbane's rental prices have dropped by 5-7%.

根据房地产研究机构PropTrack的最新报告，中等收入家庭只能负担租房广告提到的大概三分之一的房租。

Các hộ gia đình có thu nhập trung bình từ $116.000 chỉ đủ khả năng chi trả được hơn một phần ba giá thuê được quảng cáo, theo báo cáo mới của cơ quan nghiên cứu bất động sản PropTrack.

Today's headlines include: Major flood warnings are in place for parts of South East Qld and northern NSW, as ex-Cyclone Alfred continues to threaten communities. Rental affordability fell to its worst level on record in December, according to PropTrack’s latest Rental Affordability Index. The Romanian Government has banned a far-right politician from running in the country’s upcoming presidential elections. And today’s good news: Australian researchers have located the world’s oldest known crater in outback WA. Hosts: Emma Gillespie and Billi FitzSimonsProducer: Emma Gillespie Want to support The Daily Aus? That's so kind! The best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. We would be so grateful. The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent. Want more from TDA?Subscribe to The Daily Aus newsletterSubscribe to The Daily Aus’ YouTube Channel Have feedback for us?We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here.See omnystudio.com/listener for privacy information.

The Great Australian Dream still exists, it's just that - for many - it now means owning an apartment, not a house with a white picket fence. As property prices continue to grow, the dream of owning a freestanding house has morphed into the dream of owning an apartment - for more and more Australians. Apartment living is no longer just a financial choice, but a conscious decision to seek out a different way of living - a more affordable and low-maintenance lifestyle. The percentage of Australians who live in a freestanding house has been declining since the beginning of the new millennium.  About a third of properties in Australia are now attached properties including apartments. As our population continues to grow and household sizes shrink, apartment living has become more attractive.  As a result, it has also become a more appealing option for investors as well. The once dominant paradigm of real estate that houses on land showed superior capital growth to apartments is no longer the case.  As the new edition of the “Rise and Rise of Apartments” report shows, apartment values are now rising faster than house values in most suburbs throughout Australia including regional locations.  In 2023 apartment price growth was stronger than house price growth in 46% of suburbs nationally; by the end of 2024 that was the case in over 60% of suburbs. The report, published by Hotspotting in association with national marketing company Nuestar, shows a growing number of important cohorts are pushing demand for apartments higher - including those looking for affordability, downsizing, location, safety & security and a first step onto the property ladder.  The price differential is a big factor. Even in the most affordable markets, the price difference between a house and an apartment is substantial. PropTrack data as of February 2025, shows Sydney has the biggest gap of 55%; followed by the ACT, 45%; Darwin and Melbourne, 42%; and Perth, 39%. Growing demand means apartment price growth is tipped to outpace house price growth in a variety of locations in 2025, as it did in many places last year. Suburbs in which apartments dominate the dwelling mix are now among the most powerful markets in Australia.  The market share of apartments is now consistently well above 50% of Greater Sydney sales. In Brisbane, apartments account for 37% of property sales, compared with 32% a year ago. But, the most notable growth pattern is in Canberra, with apartments accounting for 47% of sales compared to 32% at the same time last year. It's not just owner-occupiers who are emerging as a growing buyer force in apartment markets - investors are also strong. Apartments offer investors more affordable options and better rental yields in desirable locations. In many of the inner-city precincts in our biggest cities, houses can typically cost more than $2 million, but apartments can be bought for less than half of that price level in the same suburbs, in many cases. The more affordable entry point generally means that rental yields are significantly higher for apartments, a key consideration in times of still-high interest rates.  That's why apartments will be an important consideration for investors seeking opportunities in 2025.  

Brisbane was one of the nation's boom markets in 2024 and likely to do even better this year.   The price data shows that Brisbane delivered a strong performance last year, both with house prices and in particular unit prices – but was third in the capital city growth rankings behind Adelaide and Perth.   Figures from PropTrack and CoreLogic show Brisbane house prices overall were up 10% last year and unit prices around 15%.   In 2025 we expect Brisbane to have another strong year and to overtake those other cities to be the national leader on price growth.   Hotspotting recently completed an analysis of all the major markets across Australia and concluded Brisbane is likely to be the strongest location in the nation for price growth.   Sales activity continues to rise across the Greater Brisbane area, the vacancy rate is well below 1%, rents continue to rise and there is major upward pressure on prices, with listings of properties for sale still close to the lowest ever recorded.   Brisbane is also a standout example of the biggest trend in Australian real estate, the one we call the Rise and Rise of Apartments (a quarterly report we publish in association with national marketing company Nuestar).   More and more buyers of all sorts are opting for attached dwellings rather than houses on land, for myriad reasons including affordability. In the past year, units outperformed houses on price growth in most suburbs across the nation – and in Brisbane this was the case for over 80% of suburbs.   The days when the dominant paradigm of real estate claimed that houses out-perform on capital growth are long passed.    The Brisbane market is underpinned by a range of important factors: population growth boosted by both internal migrants and overseas migrants, a strong underlying economy, big investment in infrastructure projects and major lifestyle factors.   The Brisbane market will receive additional impetus from preparations for the 2032 Olympics, which necessitates major investment in sports venues, transport systems and tourism & hospitality real estate.   The record shows that cities that host the Olympics receive a significant boost to their property markets, but in the years leading up to the event, rather than following the global spectacle of the Games.   All in all, prospects look good for another strong year for Brisbane real estate – and one that's likely to see the city leading the national pack.    

We talk with Scott Mitchell from Mitchell's Realty about The Fraser Coast is booming! Propertyology research highlights a 53% growth in 20 years, making it one of Queensland's fastest-growing regions. CoreLogic data shows Hervey Bay's median property values surged 78% in five years, with rents up 45.6%. PropTrack reports 1,261 house sales in the last year, with Urangan, Point Vernon, and Urraween leading. House prices range from $570,000 in Scarness to $1.188 million in Dundowran Beach, with Wodunna seeing the highest growth at 30%. Hervey Bay's unit market is expanding, especially waterfront, with Urangan being the top choice. Unit prices start at $450,000.    https://www.mitchellsrealty.com.au/ ► Subscribe here to never miss an episode: https://www.podbean.com/user-xyelbri7gupo ► INSTAGRAM: https://www.instagram.com/therealestatepodcast/?hl=en  ► Facebook: https://www.facebook.com/profile.php?id=100070592715418 ► Email:  myrealestatepodcast@gmail.com    The latest real estate news, trends and predictions for Brisbane, Adelaide, Canberra, Gold Coast, Sydney, Melbourne and Perth. We include home buying tips, commercial real estate, property market analysis and real estate investment strategies. Including real estate trends, finance and real estate agents and brokers. Plus real estate law and regulations, and real estate development insights. And real estate investing for first home buyers, real estate market reports and real estate negotiation skills. We include Hobart, Darwin, Hervey Bay, the Sunshine Coast, Newcastle, Central Coast, Wollongong, Geelong, Townsville, Cairns, Ballarat, Bendigo, Launceston, Mackay, Rockhampton, Coffs Harbour. #FraserCoast #HerveyBay #QueenslandRealEstate #PropertyMarket #RealEstateTrends #InvestmentProperty #RegionalGrowth #HousePrices #UnitSales #PropertyData"   #sydneyproperty #Melbourneproperty #brisbaneproperty #perthproperty   

Regional Queensland had a pretty good year for price growth in 2024 but I'm predicting it will have an even better one in 2025. There's mounting evidence that the combined weight of internal migrants moving to Queensland and investors increasingly pivoting from Western Australia to Queensland will drive significant price uplift this year. In 2024, according to PropTrack figures, the median house price for Regional Queensland increased 10%, which was well above the national average (4%), and better than our three biggest cities, but was slightly below the level of growth achieved in Regional South Australia and Regional WA (which both increased about 13% last year). Across the unit markets, Regional Queensland rose about 7% - which, again, was better than the national average (3%) but below the level of growth achieved in both SA and WA. But 2025 shapes as being even better. I recently completed an analysis of the major residential property markets of the nation to determine which jurisdictions would likely have the best price uplift this year – and this ranked Regional Queensland No.1 among the regional markets across the states and territories - and better than most of the capital cities as well. Other factors that may boost property markets in Queensland this year include a recent change of state government, with some new incentives coming into the Queensland market, as well as the recent reduction in interest rates, although this won't have any major influence. So, overall, we expect Regional Queensland to be among the best performers in the nation this year. Queensland continues to receive more benefit from internal migration than any other state and territory – and increasingly is being targeted by investors. Regional Queensland has an array of regional centres that offer affordable prices, attractive rental yields and growth local economies – boosted, in many cases, by a significant infrastructure spend.  This is a recipe for price growth and we expect ongoing uplift in many of those regional centres – including Toowoomba, Bundaberg, Mackay, Gladstone, Rockhampton, Cairns and Townsville – as well as smaller centres including Gatton and Kingaroy. Buyers should keep in mind, however, that many of these Queensland locations are being heavily targeted by both home buyers and investors – and they are very competitive markets, with properties selling very quickly, in some cases.

One of the most significant housing stories in the past year has slipped under the radar of news media, with very little commentary.   The latest official data from the Australian Bureau of Statistics shows that it now costs over $500,000 to build the average house in this country. That's the cost of construction of the dwelling and doesn't include the land price.   Given that the price of residential land is also escalating to record price levels, the reality is that the typical house and land package in a capital city is beyond the reach of most young buyers.   This, in simple terms, is the essence of the housing affordability problem that has created a national crisis.   Australia needs to build more homes – a lot more than the industry is currently able to build – but the obscenely high cost of building both houses and apartments is the largest single barrier to achieving it. The latest ABS figures tell a very sad story. They show that the nation, in 2024, fell 70,000 home approvals short of the target set to fix the housing crisis – AND that home building costs have hit a grim new record high. Latest Australian Bureau of Statistics figures show there were 170,719 homes approved in 2024, the second worst annual figure since 2012, with experts warning government efforts to address the housing crisis so far have failed to make a difference. And affordability is getting worse, with the average cost of building a new house in Australia surpassing $500,000 for the first time in December, according to the ABS data, made worse by new requirements for sustainable builds. Making a bad situation considerably worse is the soaring cost of home sites. The Housing Industry Association says that surging land values are problematic for the struggling development sector, which is already battling soaring labour and materials costs.   Extreme housing block costs have also coincided with falling prices for established houses – making the significant premium on brand new homes a hard sell for builders.   Housing Industry Association figures showed the median price of land across Greater Sydney now stands at $2,000 per square metre. That means that even a tiny 300 square metre block of land costs $600,000.    Land prices are less – but still very expensive – in Melbourne, where that small block costs $320,000, and it's similar in both Perth and Brisbane.   But that 300 square metre block is below the normal block size. In Sydney the median lot price is $710,000 compared to around $400,000 in both Melbourne and Brisbane.   Add on that typical cost for building a home – and it makes a new house on land over $900,000 in Brisbane and Melbourne – and around $1.2 million in Sydney. Housing Industry Association economist Maurice Tapang said the dramatic extra costs of buying land and building, versus buying established homes, could squash demand for new homes. Tapang said the price of land was now the biggest constraint on new housing construction in Australia's capital cities. PropTrack economist Paul Ryan said: “It's becoming increasingly hard to make new housing equations stack up. There's lots of choice for established homes and the prices have gotten relatively more attractive compared to new homes, and that's something we've heard a lot of from developers”. The HIA-CoreLogic Residential Land Report showed that the median price of a capital city lot increased by 9.2% in the September quarter to $408,160 compared to a year earlier. Tapang said: “Land prices have risen three times faster than the rate of growth in the ABS Consumer Price Index (CPI) and five times faster than growth in the cost of home building materials as measured by the Producer Price Index for the September quarter 2024.”   At the same time, the cost of building a house now averages $537,000 nationally, according to the ABS, following the hyperinflation of construction costs since the pandemic. Add those two figures together – the median lot price and the average cost of building a house – and you have $945,160. And that, in one sentence, is the affordability issue. But I haven't heard a single politician in Australia, at any level, suggest a policy to deal with this ridiculously high cost for new homes. And it begs the question: are politicians in government around Australia even aware that the cost of a new house on land is getting scarily close to $1 million?  

Price data for Sydney provides a striking example of why it's so important not to generalise about property markets.   According to the big-name research sources, Sydney prices grew only a few percent overall in the past 12 months, but individual precincts within Greater Sydney have recorded price growth at boom levels.   Unfortunately for people trying to make informed real estate decisions, economists and journalists like to speak about “the Australian property market” and forecast what will happen with “Australian house prices” in the year ahead.   This is not only worthless information for Australians consumers, but it shouts very loudly that the economists and journalists making those generalisations know very little about residential real estate.   Even data on “Sydney house prices” is misleading and next to useless, because it tells us nothing about what's happening in the Northern Beaches suburbs or in the many locations within the Canterbury-Bankstown LGA or out at Blacktown or further west at Penrith.   Because some of the individual precincts within the Greater Sydney metropolitan area have booming property markets.   According to PropTrack data, Sydney's median house price grew just 2.5% in the past 12 months, but Hotspotting analysis shows that most of the suburbs in the City of Canterbury-Bankstown rose by 12-15% and some suburbs increased more than 20%.    Several of the unit markets in this LGA have also recorded double-digit growth in their median prices.   It's because this precinct is an out-performer within the Greater Sydney area that we have been featuring it as one of our main recommendations for Sydney over the past 12 months or so.   In the Bayside LGA, another market we have recommended in our Top 5 Sydney Hotspots report recently, many suburbs have recorded median price growth well above 10% in the past year – and this includes both house and unit markets.   It's worth remembering that more than half of all sales across Greater Sydney now are attached dwellings – units, townhouses, apartments. The market share of houses on land has been falling steadily over the past 12-18 months and now attached dwellings dominate.   Several of the unit markets in the Bayside LGA, including some that have median prices in the $700,000s, have recorded double-digit annual price growth in defiance of the average results for Greater Sydney.   It's true also of the Inner West LGA, which is increasingly dominated by attached dwelling sales. The median house price in most suburbs is well above $2 million, but many suburbs have median unit prices in the $800,000s and $900,000s – and some of those have recorded median price growth in the 7% to 12% range in the past year.   Again, this is well above Sydney averages – and it highlights the key message, that real estate is local in nature and that buyers should be focusing on the areas that are likely to perform city norms.   And 2025 will be no different.  

据房地产数据分析机构PropTrack预测，南澳大利亚州的房价有望在2025年实现全国最快的增长。点击 ▶ 收听完整报道。

Hotspotting was among the first to identify and highlight the most significant change in the Australian real estate scene – the emerging trend which we document in the quarterly editions of the report titled The Rise and Rise of Apartments., published in association with Nuestar.   This trend has turned upside down the dominant paradigm in real estate, that houses out-perform apartments on capital growth. There is now growing evidence that attached dwellings are mounting a strong challenge to houses.   It has long been believed that land content was the big thing in driving property values and that units lacked this quality.   Increasingly, it's clear that this theory about capital growth needs to be re-considered and to acknowledge that attached dwellings like apartments have qualities that houses don't have and which are important to growing numbers of buyers.   The latest Housing Affordability Report, jointly released by CoreLogic and ANZ, has observed that capital city unit prices increased more over the three months to October 2024, than did house prices over the same period, suggesting a growing preference among home-buyers and investors for units as an affordable option in getting into the market.   The growth difference was small, but it's merely the latest in a growing set of figures showing the rising performance of units.   In the month of October, the median price growth for units was higher than for houses in the nation's five biggest cities and also for the combined regions.   This was also the case for the October quarter.   In annual terms, price growth has been better for units than houses in the three capital cities leading the nation on market growth – Brisbane, Adelaide and Perth. Units have also out-performed in the regional markets of Queensland, WA, NSW and Victoria.   The annual growth in median unit prices, according to CoreLogic, has been 18% in Adelaide, 19% in Brisbane and 24% in Perth. Those are spectacular increases and provide compelling evidence to disprove the notion that attached dwellings don't perform on capital growth.   There are also growing numbers of suburbs around Australia where unit price growth is higher, both in the short-term and the long-term.   The Hotspotting Research Hub shows that at Noosa Heads on the Sunshine Coast, the five-year growth average is 10% per year for houses and 17% per year for units. At Surfers Paradise on the Gold Coast, it's 8% per year for houses and 12% per year for units.   There are many other similar examples across the nation.   REA Group, which publishes realestate.com.au, has recently highlighted locations where unit price growth is outpacing houses.   Megan Lieu, Economic Analyst at REA Group, says:   “Historically, house values have risen at a faster rate than units, but with affordability pressures, units are being preferred by many homebuyers.”   “In certain suburbs,” she says, “unit prices have grown at more than double the rate of houses over the past year.”   Searches for units on realestate.com.au have also been trending upwards since mid 2020. They now make up close to 40% of all buy searches on-site.   Lieu says that, while the strong performance of units has been evident nationwide, there are areas where demand for units has been particularly high, resulting in significant price increases compared to houses.   In New South Wales, for example, the annual growth in unit values in Engadine, Wagga Wagga and Merimbula has outpaced houses by around 6 percentage points.   In Victorian, Safety Beach, Templestowe Lower and Warragul are examples of locations which have experienced stronger growth in their values compared to houses by considerable margins.   The largest difference in value growth between units and houses in Queensland was observed in the Brisbane suburbs of Waterford, Nundah and Waterford West. Units in Waterford and Waterford West increased at more than twice the percentage of houses in these suburbs in the past 12 months.   PropTrack says that, with housing affordability at its lowest level in three decades, it's to be expected that people are turning to more economical options, especially in suburbs where the gap between house and unit values is significant.   But Hotspotting analysis shows that affordability is NOT the only reason that demand for units is rising. More buyers are choosing attached dwellings for location, for lifestyle and also for safety and security at a time of growing concerns about escalating crime levels.   For all those reasons, each quarter Hotspotting publishes a national report titled The Rise and Rise of Apartments, in association with the leading real estate marketing company Nuestar.   And it proves, emphatically, the units are now a strong option for buyers seeking not only affordability, but strong capital growth as well.  

Melbourne's property market remains the great under-achiever of the nation but that may be about to change.   A number of key indicators suggest better performance by the Melbourne property market is imminent.   One pointer to better times is the latest Property Sentiment survey by API magazine, which recorded a major turnaround in investor attitudes towards the Victorian property market.   The survey asked: Which state or territory do you regard as having the best property investment prospects for the next 12 months?   Mid-year Melbourne and Victoria attracted only 8.6 per cent of respondents who felt it was the best state for property investment.   Three months later in the new survey there was a remarkable turnaround, with 25 per cent identifying Victoria as having the best property investment prospects for the next 12 months.   This ranked Victoria No.2 - above New South Wales and Western Australia, and close behind Queensland in the investment popularity stakes.   One of the attractions of Melbourne is its relative affordability, thanks for the absence of price growth in the past two years.   The latest Home Price Index from PropTrack shows that Melbourne is currently cheaper than Canberra and Brisbane, as well as being well behind Sydney. Melbourne's median dwelling price is on a par with Adelaide and Perth now.   Sydney's median dwelling price is $1.1 million, compared to $790,000 in Melbourne.   There is a growing perception that Melbourne is now affordable and poised for capital growth that would return it to its more familiar spot sitting a little ehind Sydney as the country's priciest market.   Indeed, the latest PropTrack price report notes recent evidence of a turnaround for Melbourne. It says:   “Price falls have started to reverse in Melbourne, with buyers out in force for the peak of spring selling season. Prices rose 0.5% in October, the highest monthly growth rate among the capital cities.”   Other factors suggesting that Melbourne is due for a period of stronger property market performance include population growth (fuelled by overseas migrants and international students), a solid economy and a significant program of major infrastructure developments.   The latest edition of the State of the States report from CommSec ranked Victoria No.4 among the state and territory economies, ahead of NSW, the ACT, Tasmania and the Northern Territory. The report said the greatest strength of the Victoria economy is the level of construction work.   The latest population data from the ABS shows Victoria had the second highest growth rate among the states and territories in the year to March 2024, rising 2.7% compared to the national average of 2.3% - and bettered only by Western Australia.   In raw numbers, Victoria added more to its population than any other state, ahead of NSW and Queensland.   Jacob Caine, President of the REIV, says Victoria has always been an attractive destination for overseas and interstate migration.   Caine says: “Melbourne's reputation as one of the most liveable cities is well deserved.   “We have a growing population and growing demand for rental properties with new residents more likely to rent before buying.   “The challenge in Victoria is a lack of housing supply, and the need for Government to build a stronger policy platform that will attract new property investors to meet the needs of the market.”   One positive policy from the State Government is the recent announcement that the stamp duty concession for off-the-plan properties in Victoria has been extended to investors - and the price cap removed for home buyers, albeit temporarily.   This has been largely welcomed by the sector, as offering a much-needed boost to development.   New data from off-the-plan property portal, urban.com.au, has shown a “massive spike in interest” for Victorian off-the-plan projects after the concession's announcement, reporting an immediate 123 per cent increase in direct online enquiries, and a fivefold increase in online traffic volume.   Another factor in favour of investors is the reduction is the number of rental properties available, putting upward pressure on residential rents.   For the first time since records began in 1999, Victoria's active rental bonds dropped significantly over the 12 months to June 2024, signalling a significant shift in the state's rental market.   There are now 22,000 fewer rental properties in the market than a year ago.   Victoria's high property taxes and stricter rental property standards have made owning investment properties less attractive. These factors, combined with sustained higher interest rates, have driven many landlords to sell off their properties.   Melbourne's metro areas have experienced the largest declines, with more than 20,000 fewer rental properties, a 3.7% year-on-year decrease. Regional Victoria saw a smaller drop of around 1,000 properties.   Every Melbourne LGA saw rents rise in the past year, with some regions experiencing increases of nearly 20%. Overall, rents are (on average) 7.5% higher than a year ago, creating affordability challenges for tenants.   Another positive for the state is that Victoria currently leads the nation in first-home buyer activity, accounting for 32% of new loans.   Victoria's population is projected to grow significantly over the next five years, further increasing demand for rental properties. The shrinking rental market, combined with rising construction costs and fewer new developments, could exacerbate housing affordability issues for both renters and buyers.   The Australian Financial Review reported earlier this month that “Melbourne's housing market could outperform Sydney and other capital cities once it emerges from its current downturn, boosted by a marked improvement in affordability after years of weak growth”.   Nicola Powell, Domain's chief of research and economics, says: “In the next cycle, we're likely to see Melbourne overperform because it has underperformed significantly compared to other capital cities since March 2020.”   AMP capital's chief economist Shane Oliver says he expects Melbourne prices to grow more than Sydney's in the next upswing.   Oliver says: “Melbourne's been lagging for some time, but this has made the property market relatively cheap compared to Sydney and the other cities. Because of its relative underperformance, it could bounce back a little bit quicker and sharper.”   At Hotspotting, our assessment is that many of the key parameters and indicators are lining up to boost the growth prospects for Melbourne and Regional Victoria in 2025. The city and the state generally are overdue for a period of price growth.  

Whenever I'm asked for my rules for successful investing, I usually begin my response with this: Rule One – stop reading newspapers. Expressed in a more 21st Century context, stop treating media soundbites as research. People who base their investment decisions on the white noise in news media are running the risk of making very bad moves in the market. My observation of the content of news media coverage of residential real estate is that there is far more misinformation than real, accurate, reliable information. In modern media it's all about clickbait and I find repeatedly that the headline presented to induce you to CLICK is highly misleading – and sometimes an outright lie. I could provide dozens of examples from this week alone, but here's just one classic example. The headline above an article published on the news.com.au network, the nation's biggest news organisation, proclaimed: “Worst is over: where rents are plummeting” This was followed by the following opening statement: “The worst of the rental crisis appears over across much of Australia, with rents plummeting in these areas. But it's not all good news.” Now the headline in this case is more than a lazy piece of sensationalism – because, not only is it untrue to claim that “rents are plummeting” but the content of the article does not support the claim in the headline. You may have observed that, in the surreal world of journalists, nothing falls or decreases or drops – it collapses, it nosedives, it falls off a cliff – and, yes, it plummets. Even when the decline is a few percent, barely a blip, it will be declared to be plummeting. So having made the statement that rents were plummeting and that the worst of the rental shortage crisis was over, the New Limited article utterly failed to deliver on this very big statement. If it was true, it would be one of the stories of the year. But, of course, it wasn't true. According to the article, Queensland's asking rents “have surged again, increasing across 252 Queensland suburbs by up to 15 per cent since June”. I've checked my dictionary definition of “plummeting” and it certainly doesn't apply to the Queensland situation. Next, Victoria. According to this article, there are more than 200 suburbs where rents are now at least $100 a week more expensive for units than in 2021.  It said: “Well-connected areas like Ashburton, Parkville, Aspendale, Caulfield South, Glen Waverley and Carlton have posted some of the biggest rises in weekly unit rents across the past three years, all of them up more than 40 per cent, according to new PropTrack data.” No sign of anything plummeting in Victoria – where, incidentally, many investors have sold up and got out of the state because of draconian anti-landlord measures by the state government. So we can expect rents to keep rising in Melbourne. In Adelaide, rents have fallen a little in the latest quarter in 17% of suburbs examined by PropTrack, but there's no sign of plummeting in the other 83% of suburbs.  Adelaide, in fact, has had extraordinary growth in rentals in the past year and, with the vacancy rate still hovering around 0.6%, there's no real basis for declaring that “the worst is over”. In Perth, the vacancy rate remains well under 1% and there is no real prospect of rent relief any time soon. So, looking through the entire article, the only evidence presented to go even close to supporting the noise in the headline is in Sydney. According to this shoddy piece of “journalism”, Sydney has entered a correction phase. PropTrack attributes the market slowdown to more rental homes becoming available and tenant demand dropping as more renters moved to share houses or back in with their parents to save money. Migration has also waned in recent months. PropTrack says: “Demand and supply are working together to see a stabilisation in rental market conditions.” But no evidence was presented in the article to support the notion that Sydney rents are nosediving. So, in summary, only in Sydney is there evidence that “the worst is over” and there is nothing at all in this work of fiction is justify the claim that rents are plummeting – anywhere. So, what is a realistic overview of the situation with the rental shortage crisis. Nationally, the vacancy rate continues around 1% or slightly above 1%, depending on whose figures you believe. None of the eight capital cities has a vacancy rate anywhere near 3%, which is the benchmark for a stable rental market with steady rents. There are no government measures in play which will move the dial on this in the foreseeable future – except decisions which are likely to make it worse, rather than better. In some locations, however, I do expect rental increases to moderate, because a ceiling has been reached in terms of the market's ability to pay. Amid a cost-of-living crisis, tenants cannot keep paying higher and higher rents, regardless of how many people they jam into a three-bedroom house or small apartment. But rents plummeting? We're unlikely to see that anywhere, not while vacancies are as low as they are.  

In my experience, most people who have a loud view about scrapping negative gearing are people who can't explain what it is, how it works, why it's bad and how ending it would solve all the problems in the housing industry. Mostly, what's in play with this issue is THE POLITICS OF ENVY – that nagging feeling some people have, that others are doing better than they are, or are receiving benefits that they are not, and therefore need to be squashed. As a famous Indian guru once observed, some people try to be tall by cutting off the heads of others. Contrast that with the views that are expressed when they come from people with the expertise and experience to understand what negative gearing is, how it works and what the consequences would be if it was removed. A recent poll of such people found that the disadvantages would outweigh the advantages. Before delving into the comments of experts who have been interviewed by news media about this recently, let me remind everyone that Australia DID end negative gearing in the 1980s and within two years the same Federal Labor Government that scrapped it, did a major backflip and reinstated it. Why? Because it caused a serious shortage of rental properties and higher rents. And it didn't bring down property prices or improve housing affordability. Let me also remind you that more recently New Zealand put an end of negative gearing tax benefits and right now that nation's government is reinstating it – because, as happened in Australia in the 1980s, the upshot was a rental shortage and higher rents. In the light of those precedents, you have to wonder why we're having this debate at all. Now, returning to a recent survey of so-called experts polled by the Australian Financial Review – the majority view, arising from that survey, was that the consequences of changing tax arrangements for property investment are likely to include higher rents. Why? Because investors would exit the housing market, causing a further drop in supply of rental homes at a time when Australia has the lowest vacancy rates ever recorded. Analysts polled in the quarterly Australian Financial Review property survey, overall, painted a “BE CAREFUL WHAT YOU WISH FOR” scenario amid a national debate over the merits of changes to negative gearing and capital gains tax – which is usually described by media, inaccurately and unfairly, as a CONCESSION. Those polls said any benefit to first home buyers from any price falls – which are hypothetical and not based on any precedent or research - as investors exit the market would be modest, potentially short-term and effectively traded off against a consequent squeeze in supply. Here's one prediction from a respondent to the survey: He says: “By lowering the after-tax return to investors, any move to wind back the negative gearing benefit and increase capital gains tax would lead to a fall in investor demand for housing and a short-term fall in prices, say of 3-4 per cent.”  However, those comments from Australia's worst forecaster of residential property outcomes, AMP chief economist Shane Oliver – so the forecast that property prices would fall is somewhat dubious. That certainly didn't happen in Australia in the 1980s or in New Zealand after they, more recently, ended negative gearing. In any case, Oliver goes on to say: “However, this (slight fall in prices) is likely to be short-lived as less investor participation in the property market would ultimately lead to a lower supply of new homes to the property market, higher rents and then a blowback to higher prices. “It will do nothing to fix the basic problem which is a chronic undersupply of housing relative to population-driven demand.” That much he got right. Proptrack's executive manager for economic research, Cameron Kusher, said the removal of negative gearing and increasing capital gains tax might marginally reduce house prices, but consequent discouragement to investment would reduce supply. He said” “It's important to look at the taxation system holistically rather than in a vacuum, especially whilst the rental market remains challenged.” In other words, there would be more disadvantages than advantages. Barrenjoey's chief economist Jo Masters warned of the “unintended consequences” of modifying the current settings. She said: “Negative gearing and capital gains tax reform alone are not a silver bullet and need to be debated both in the context of broad tax reform, and the other levers available to the housing sector, including supply.” Nicola Powell, Domain's chief of research and economics, said that it was “a common misconception” that the negative gearing and CGT provisions were “primarily enjoyed” by wealthy, older Australians.  Powell said most investors own just one property, and a larger share of them are under 50. She said: “If negative gearing were removed or scaled back, younger, more financially vulnerable investors – especially those with just a single property – would be the first to feel the impact, potentially leading them to sell. Meanwhile, wealthier investors, who are more likely to be positively geared, have greater financial flexibility and would be less affected.” Like other respondents, Jarden analyst Lou Pirenc says any benefit from the departure of some investors from the market it would come at a cost. He said: “Longer term, growth to new housing supply could be further weakened with less incentives for investors to enter the market, especially as the cost of owning an investment property currently remains unattractive. “This,” he said, “could potentially see house prices RISE longer term as the imbalance between demand and supply exacerbates.” Indeed. So the consensus among those commentators is that removing negative gearing tax benefits and increasing capital gains tax would not provide any long-term improvement in housing affordability but would reduce the supply of housing, particularly rental homes, and PUT FURTHER UPWARD PRESSURE ON RENTS. But try telling that to the Greens, whose draconian anti-real estate policies were a primary reason they were the big losers in the Queensland state election at the weekend.  

There has never been a worse time to try and enter the property market, with housing affordability at its worst level - ever. But how did we get here? Who is affected the most? And what does the future look like for the next generation of home hunters? We chat with Paul Ryan, Senior Economist at PropTrack, and Dean O'Brien, Corporate Director, O'Brien Real Estate to break down the 2024 PropTrack Housing Affordability Report, and discuss where to from here.

Residential real estate abounds with fallacies and misconceptions, mostly created by dishonest politicians, biased journalists and economists who don't understand property. One of the biggest is the one that claims that so-called prime property shows the best capital growth. A year ago I attended a national conference for real estate professionals at which a keynote speaker expressed the view that you had to buy “prime” to get good capital growth – and indeed proclaimed that if you couldn't buy prestige property you shouldn't buy at all – or at least wait until you could afford something in the higher price ranges. I had to challenge that view in question time because everything I've observed over four decades in real estate research absolutely contradicts this notion. I was astounded that something presented as a real estate expert could make such an unsupportable claim and give such terribly bad advice. It's amazing how many people still cling to this out-dated and plainly inaccurate view of real estate, which is emphatically contradicted by all the evidence. Many still believe that prime out-performs affordable, that the closer to the CBD the stronger the capital growth, that capital cities outdo the regions, and that the biggest cities show better growth over time that the smaller ones. All of those opinions are fallacies. They're just plain wrong. Whether you examine the past quarter, the past year, the past three years, the past decade or the past 20 years, you will find compelling evidence that the regions have outperformed the capital cities, that the biggest cities have under-achieved, that affordable areas have excelled on capital growth – and that proximity to the CBD is utterly irrelevant in real estate investment. And you can add another misconception that increasingly is being proven wrong – the one that says houses on land show better capital growth than apartments. An example of what the research shows is provided by PropTrack which earlier this year examined how much dwelling values had grown in the four years since Covid disrupted property markets. The leading jurisdictions for price growth were, in order, Regional Queensland, Regional SA, Adelaide, Brisbane and Perth. The bottom ranking markets among the capital cities and state regional markets were Sydney and Melbourne. PropTrack also looked the local markets with the highest growth over that four-year period and found that all of the Top 10 locations were regional or outer-ring areas of the smaller capital cities. The cheaper areas of Adelaide and Brisbane were most prominent for high capital growth, as well as regional areas of Queensland and South Australia. Now, all of that is good news for most people approaching property investment who can't afford to buy in those higher price brackets – because it means you don't need to buy expensive homes to do well in real estate. The typical investor I encounter wants to buy a property below $500,000 because they can't afford to go higher. The really good news is that buying affordable real estate in good locations is a win-win-win situation: a lower buy-in price, a higher rental yield and good prospects for capital growth. We call this kind of real estate The Cheapies with Prospects. Let me give you just one example of how Cheapies with Prospects locations can deliver the most spectacular capital growth. Many times in the past few years I have made the observation that the cheapest houses in capital city Australia were located in the affordable northern suburbs of Adelaide – specifically in the local government area of Playford. A few years ago many suburbs had median house prices in the $200,000s – and , let's face it, this was seriously downmarket real estate. In the past 12 months these suburbs have delivered extraordinary capital growth. Most suburbs in the City of Playford have grown more than 20% in the past 12 months, seven suburbs which have lifted over 30% - including Elizabeth North up 33%, Eyre up 38%, Davoren Park up 41% and Elizabeth South up 55%. In Davoren Park, the median house price three years ago was just $190,000 and now it's $460,000. Typical houses in Elizabeth North cost $195,000 three years ago and now they're $425,000. There's been similar spectacular price rises right throughout this precinct in the affordable north of Adelaide. Keep those figures in mind next time someone tells you that you have to buy expensive houses in prestige areas to get the best capital growth.  

On this Australian Property Podcast, Pete Wargent speaks with Proptrack expert Eleanor Creagh Questions covered: Tell us about your background and your role at Proptrack New listings are now on the rise? How is this impacting the market and will it last? Listings still seem pretty low in Perth, Adelaide, Brisbane? The housing supply challenge for Aus – what are the main drivers of this? When will this be addressed and how? Are Victorians selling up due to land tax? The outlook for Melbourne? Seems perhaps relatively good value now, compared to Sydney? Buyers looking further afield for affordability. Where's going to be popular? The decreasing supply of affordable homes. When might this change? Outlook for 2025? What to look out for? Hot and cold markets? Resources: How many Victorian investors have sold due to higher land taxes? Buyers look further afield in hunt for affordability PropTrack New Homes Report - September 2024 ~~ Resources you'll love ~~ Access Show Notes: https://bit.ly/R-notes Invest with Owen: https://bit.ly/R-invest Mortgage Broking: https://bit.ly/broke-rask Financial Planning: https://bit.ly/R-plan Property Coaching: https://bit.ly/R-P-coach 100-point property checklist (PDF): https://bit.ly/prop-check Accounting with Grey Space: http://bit.ly/3DG5lWS Business Coaching: https://bit.ly/o-coach Ask a question: https://bit.ly/3QtiY00 DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you're confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Spring Selling Season is as old as the industry itself - so how is 2024 playing out? Are the predictions coming true? Are buyers spoilt for choice? Or is it sellers who are coming out on top? We chat with Eleanor Creagh, Senior Economist, PropTrack and Peter Diamantidis, Director and Selling Principal Ray White about what they're seeing in market, and whether or not they think the tradition will continue.

据房地产分析机构PropTrack房价指数显示，9月份，澳大利亚全国房价微增0.04%。然而，墨尔本房价下跌了0.30%，这是连续第六个月出现下跌。点击 ▶ 收听完整报道。

From capital growth, rental yield, and demand from renters - there are many things to consider before investing - but is it residential or commercial that will make you more money over time? We chat with Senior Economist at Proptrack, Anne Flaherty, and Josh Almond from Mortgage Choice Brighton to analyse the data and settle the debate for good - which is a better investment?

We're bringing together industry experts from Proptrack, ValA, JLL Valuations, and Domain.com.au to delve into the cutting-edge technology transforming real estate valuation. Discover how data-driven innovation, artificial intelligence, and automation are shaping the accuracy and efficiency of property appraisals.

The new Spring edition of The Price Predictor Index provides emphatic confirmation of the most compelling trend in Australian real estate: the escalating demand for apartments and their challenge to houses on capital growth performance. We have been speaking about the rise and rise of apartments for the past 18 months and there is a growing body of evidence which confirms that more and more buyers are opting for attached dwellings: units, apartments and townhouses. Our analysis of sales activity data for the latest quarter for the Spring edition of The Price Predictor Index reveals that this trend is dominating markets across Australia. For example, there is a stark contrast in the Sydney market. In simple terms, unit markets are pumping and house markets are not - and the market share of attached dwellings continues to rise. In most of the Greater Sydney areas where sales activity is strong, it's the unit markets that are most active. Outer ring house markets are generally subdued, suggesting that those seeking affordable options are choosing apartments and townhouses. The dominance of attached dwellings in Sydney market performance can be seen in various metrics. While 45% of locations with house markets have positive (rising, recovery, consistent) rankings in this analysis, 67% of unit markets are positive. This coincides with further evidence that a growing share of dwelling sales in the Greater Sydney market are attached dwellings. Comparing the June Quarter results for the past four years, the market-share of units was 48% in 2021, 50% in 202, 52% in 2023 and 54% in 2024. There's a pretty clear pattern emerging there. Sydney's experience, with attached dwellings outperforming detached, is part of a strong national trend that is also evident in other cities and some of the regional jurisdictions. In the Brisbane City LGA, elevated demand for units is driving overall activity. In Melbourne, which overall continues to under-achieve, a key exception is provided by inner-city unit markets. And Canberra is experiencing a similar scenario.   While just over half of Canberra markets overall have positive ratings, 78% of unit markets have rising, recovery or consistent classifications based on sales activity trends. Of the 36 unit markets in our Canberra analysis, only 3 have negative ratings.  While only 35% of house markets are classified as rising markets, 61% of unit markets in Canberra have this rating. Affordability is likely a major driver of this trend. Canberra has a median house price close to $1 million (PropTrack data), higher than Melbourne and Brisbane. But its median unit price is $605,000, notably cheaper than Melbourne, Brisbane and Sydney, and on a par with Adelaide. The market share of units is rising year by year and attached dwellings now account for 44% of dwelling sales in Canberra, compared to 41% in 2021. In booming Perth, the strongest markets in Perth now are well-located locations with a major presence of attached dwellings.  While the most popular house markets for home buyers and investors (mostly those at the affordable end of the market) are a little less buoyant than earlier in the Perth up-cycle, the focus is switching for affordable units. Perth started this boom with a reputation as the most affordable capital city housing market. After a couple of years of stellar price growth, that's no longer the case. Perth is now well above Hobart and Darwin with its median house price and challenging Adelaide.  Perth now has a median house price of around $800,000, but its median unit price is in the low $500,000s, still well below that of Hobart and Adelaide.  When the bargain suburbs have house medians above $500,000, the big attraction that caused the stampede starts to fade. So now buyers in Perth, increasingly, are looking at unit markets, which are less competitive than the house markets. So now units are capturing a growing market-share in Perth, similar to the scenarios in Sydney, Melbourne, Brisbane and Canberra. And units are out-performing. In the new Spring edition of the Price Predictor Index, 29% of Perth house markets are3 classified as rising but almost 50% of unit markets are ranked as rising, based on trends with sales activity. Clearing, the trend with more and more buyers opting for attached dwellings over detached houses, is gathering momentum. It's a major paradigm shift in Australian real estate – and at Hotspotting we believe this trend is here for the long term.  

In this episode of the Brisbane Property Podcast, hosts Scott and Melinda Jennison provide a detailed market update for August 2024. Drawing from the latest CoreLogic and PropTrack data, they explore Brisbane's property performance and growth trends, comparing it with other Australian capitals. Key topics discussed: Brisbane's housing market and unit market growth. How Brisbane compares to Perth, Adelaide, and other cities. Current trends in property demand, listings, and buyer profiles. The rise in unit prices and sustained demand for affordable housing. A closer look at the rental market, vacancy rates, and rental yields. Auction clearance rates and what they indicate about buyer behaviour. Whether you're a homeowner, investor, or just curious about the Brisbane property market, this episode provides up-to-date insights and helps you understand current market dynamics. Subscribe to stay updated with the latest episodes and gain expert insights that can guide your investment decisions. Subscribe on Youtube https://www.youtube.com/channel/UCW30uBCnHQ2YllnwGKHNfxg Listen on Spotify https://open.spotify.com/show/5tODCtY54iQrxadNqqmevs Streamline Property Buyers Website https://streamlineproperty.com.au/ Ready to work with us directly? https://streamlineproperty.com.au/contact/    

Adelaide's property market, one of the nation's strongest in the past two years, has strengthened further recently.  ales volumes shows that market activity in the June quarter was the highest for Greater Adelaide since mid-2022. The June Quarter sales levels represented a 25% increase on the March Quarter and were 10% higher than the same time last year. This is despite the reality that listings of homes for sale across Adelaide are the lowest at any time in the past 15 years, according to SQM Research figures. This continues Adelaide's track record as a market with consistently high performance and helps to explain why it has been a challenger to Perth as the market with the highest price growth in the past two years. Adelaide's median house price rose 15% in the 12 months to August 2024, while the median unit price increased 12%, according to PropTrack data.  Only Perth has recorded higher annual price growth. Across the Greater Adelaide market, suburbs with positive trends with sales activity outnumber those with negative ones by a factor of three to one. The Greater Adelaide area has standout markets across all price ranges, including affordable municipalities like Playford and Salisbury, middle market areas including Marion and West Torrens, and more upmarket locations such as the Unley, Holdfast Bay and Charles Sturt LGAs. The Playford LGA, which contains Adelaide's cheapest suburbs, is the most popular precinct for buyers, with over 800 dwelling sales in the June Quarter. That was 31% higher than the same time last year – and a 53% increase on the March Quarter.  Most Playford suburbs have positive sales trends, either rising or consistent, with Blakeview and Davoren Park in particular standing out for their consistent buyer demand. The median house price for Blakeview has risen 16% to $550,000 in the past 12 months, while Davoren Park is up 33% to $440,000. Davoren Park had a median house price of just $175,000 three years ago. The neighbouring Salisbury LGA, another precinct targeted for its affordable homes, is also a strong performer with sales levels considerably higher than the March Quarter and also the same time in 2023. Rising markets in the City of Salisbury are headed by standout suburbs like Ingle Farm and Mawson Lakes. The median house price for Ingle Farm was $380,000 three years ago and is now $655,000, after 19% growth in the past 12 months. Another outer-ring location with outstanding numbers is the Mount Barker LGA, which has recorded the highest quarterly sales numbers in more than three years. The suburbs with strongly rising sales activity include Nairne and Mount Barker. Nairne's median house price has risen 17% to $750,000 in the past 12 months. Among the middle market areas, the West Torrens LGA is a notable performer with a significant increase in sales activity in the June Quarter – the highest levels since late in 2021. There are no suburbs with negative trends in West Torrens, while rising markets are headed by Underdale, Torrensville, Plympton and Fulham. The Port-Adelaide Enfield LGA has numerous suburbs with positive ratings, with sales activity overall much higher in the June Quarter compared to the March Quarter and the same time last year. Notable rising markets include Lightsview and Blair Athol. The City of Marion has recorded its highest quarterly sales numbers since mid-2022 in a market dominated by suburbs with positive sales trends, including rising suburbs Warradale, Hallett Cove and Edwardstown. The median house price for Hallett Cove has risen from $470,000 to $800,000 in the past four years. Some of Adelaide's more upmarket precincts are also travelling well. Ten of the suburbs in the Charles Sturt LGA are ranked as rising markets, headed by Flinders Park, Findon and Bowden. Sales activity has been rising steadily in the Holdfast Bay municipality in the past four quarters. A standout feature is that the unit markets in both Glenelg and Glenelg North are classified as rising markets in our latest analysis. The upmarket City of Unley has a particularly strong June Quarter, with sales numbers up almost 50% on the March Quarter. Rising suburbs include Parkside (median house price $1.3 million), Clarence Park ($1.27 million) and Myrtle Bank ($1.6 million). The overall conclusion is that the Adelaide market continues to pump strongly and is likely to be a national market leader on price growth for the foreseeable future.

CoreLogic is one of Australia's leading sources of data on residential real estate matters, although increasingly overshadowed by other, smarter data organisations like PropTrack. CoreLogic has lots of statistics about housing markets but when it comes to analysis and commentary, CoreLogic is very often a source of illogic. Their problem, like so many companies that comment on Australian housing markets, is that they employ economists to analyse real estate and the outcome very often is kindergarten analysis. Here's a recent example: According to CoreLogic's Regional Market Update, property markets outside the capital cities are experiencing a slowdown in value growth because, they say, fewer people are moving from the cities to the regions and because of the elevated interest rate environment. Regional markets saw dwelling values increase by 1.3% over the three months to July. CoreLogic economist, Kaytlin Ezzy, said this means the pace of growth has eased from recent peaks. She noted, however, that growth trends across Australia's 50 largest regional markets have become increasingly diverse, including 11 regions which saw values rise by more than 3% in the quarter. So here's what wrong with that analysis, for want of a better word. Firstly, they have made the common error of placing great significance on short-term data. The rate of price growth, overall on average across regional Australia, is less than it was a few months earlier, apparently, therefore they say that the market is declining.  But price graphs are seldom smooth and future months may see a return to higher price rises. It's always unwise to declare a new trend based on one recent set of short-term figures. Secondly, they claim internal migration to the regions is no longer happening as strongly as before. The latest Regional Movers Index, jointly published by the Commonwealth Bank and the Regional Australia Institute, strongly disagrees with that statement. It shows that Australians continue to relocate from Sydney and Melbourne to regional areas in large numbers. Thirdly, the claim that elevated interest rates are causing a decline is farcically stupid. The RBA started lifting the official interest rate in May 2022 and it rose steadily (by a total of four percentage points) until November 2023. So interest rates have been elevated for over two years – and there has been no further rise in the past nine months – but now, according to Core Illogic, elevated interest rates are causing a decline in regional property markets. And how does that theory sit alongside the reality that, according to Core Illogic, 11 regions recorded a rise of more than 3% in the latest quarter? They say that “if you torture statistics enough, they'll tell you anything you want to hear”. That's particularly true for economists who subscribe to the theory that everything that happens in residential real estate is caused by interest rate trends, notwithstanding lots of compelling evidence to the contrary. The truth is that we still have a situation where many of Australia's strongest property markets for price growth are in the regional areas, headed by boom regional centres like Bunbury, Mandurah and Geraldton in Western Australia, and Rockhampton, Toowoomba and Townsville in Queensland. Regional Australia continues to provide the best options for investors seeking affordable prices, higher rental yields and good prospects for capital growth, provided you choose your location with care.  

31% of buyers opted to build new in 2023 - but what's causing the desire for new builds? And can this help make a dent in Australia's housing shortage? We chat to Senior Economist at PropTrack, Paul Ryan, and Stuart Penklis, the CEO of Development at Mirvac, to analyse the financial incentives, wait times, and whether new builds in strategically located areas can reduce urban sprawl, utilise existing infrastructure, and help the government meet its lofty targets.

A question I get asked more than any other is where I see the Australian property market heading in the next 12 months OR what I expect to happen with Australian property prices this year or next year. And the answer I provide is usually delivered in multiple parts. Firstly, there is NO Australian property market. Although economists and journalists often refer to “the Australian property market” and predict what will happen with “Australian property prices”, the reality is that there is no such entity as the Australian property market. Secondly, what I expect to happen with prices depends on where, because we have so many different markets across the nation. Thirdly, real estate is local in nature and the market activity and the price movements depend on the local economy which underpins the location's property market. Take a look at the price growth results among the eight capital cities for the past year and you will note that some have had boom growth, some moderate growth, some have stagnated and a few have had falling prices.  All those different scenarios occurred within just the eight capital cities. There were similar variations occurring throughout all the regional markets. All those places sat within the same national economy, all had the same situation with interest rates and all were operating under the one Federal Government. Why, then, did we have all those different outcomes?  And the answer is: Because real estate markets are very LOCAL in nature. The greatest influence on them is the local economy. So, if you want to understand a particular property market, first you need to understand everything that's happening there in terms of the various local industry sectors, the infrastructure and other developments that are under way or in planning, and what's happening with local jobs creation. Once you can understand whether the location's economy is weak or strong, growing or stagnant or contracting, then you can begin to determine what might happen with property prices. For that reason, at Hotspotting we are always keenly interested in a quarterly report published by CommSec, called the State of the States report. This report uses a series of different metrics to rank the eight state and territory economies. And I have found, over many years, that there is a correlation between the strength of the state or territory economies and the performance of the capital city property markets. The past three quarterly editions of the State of The States report have ranked South Australia as the No.1 ranked economy in the nation, a finding that would surprise many people. But it doesn't surprise the team at Hotspotting because we are very aware that the economy of Adelaide and South Australia is pumping strongly, helped by its status as the high tech innovation capital of the nation and the leading state for alternative energy developments. It also has a big education sector, a major military economy and a lot more. Coinciding with the rise and rise of the South Australian economy has been the rise and rise of the Adelaide property market. In 2023, Adelaide was the No.1 or the No.2 market in Australia for house price growth (depending on whose statistics you believe), in competition with Perth. PropTrack's data showing the leading suburbs and towns in Australia for price growth in the four years since Covid arrived, finds that the top 5 suburbs in the nation for price growth performance were ALL affordable suburbs in Adelaide. In the latest edition of The State of the States, the No.2 ranked economy was (again) Western Australia - and again, there's a clear correlation between that reality and the performance of Perth as one of the leading boom property markets in the nation. Melbourne and Victoria now rank No.3 on economic performance and this is one of several reasons why we believe that this market is poised for price growth in the next 12 months and beyond, coupled also with very strong population data and a significant program of big infrastructure projects. Consistently at the bottom of the CommSec report rankings is the Northern Territory – and it does not surprise us that Darwin has the weakest house price performance of all the capital cities in the past 12 months. Other economies with lukewarm economic performance are Tasmania and the ACT – and this corresponds with the poor price performance of the Hobart and Canberra housing markets in the past year. So this report, freely available to anyone who is interested, is one that's worth following – because, read in conjunction with other data, it can provide clues about where prices are likely to rise in the near future.  

Hello, everyone, and welcome back to another episode of the Brisbane Property Podcast with your hosts, Melinda and Scott Jennison! In this May market update episode, we dive deep into the latest trends and updates for Brisbane's property scene, featuring data from CoreLogic, PropTrack, and SQM Research up to the end of May 2024. The property market is intensifying, making it an exciting time for Brisbane real estate. To stay up to date with the latest insights, this episode is a must-listen!  Episode Highlights: Property Price Movements: Get the latest insights on how property prices are shifting across the city, with detailed analysis and data. House vs. Unit Market: Discover why units continue to outperform houses, and what this means for buyers and investors. Capital City Comparisons: See how Brisbane's property market stacks up against other major capital cities in Australia. Rental Market Conditions: Stay informed about the current rental market dynamics, including vacancy rates and rental yields. Melinda and Scott bring their expertise and passion for the Brisbane property market to provide you with an all-rounded update, ensuring you stay ahead of the curve in this ever-changing landscape. Enjoyed this episode? Don't forget to hit the like button and subscribe to our channel for more weekly updates and expert insights on the Brisbane property market! Connect with Us: Subscribe on Youtube https://www.youtube.com/channel/UCW30uBCnHQ2YllnwGKHNfxg Listen on Spotify https://open.spotify.com/show/5tODCtY54iQrxadNqqmevs Streamline Property Buyers Website https://streamlineproperty.com.au/ Ready to work with us directly? https://streamlineproperty.com.au/contact/    

O custo médio do aluguel de um apartamento em Perth foi de A$ 590 por semana, após um impressionante aumento de 19,2%. De casas, o aumentou foi de 16%, para A$ 650. Sydney, contudo, segue sendo a cidade mais cara do país para se alugar um imóvel, segundo levantamento do PropTrack.

PropTrack has released it's latest market insights showing that house prices have increased almost 40% in the last 4 years.See omnystudio.com/listener for privacy information.

ذكر تقرير اقتصادي جديد لموقع PropTrack أن أستراليا تواجه نقصا كبيرا في عدد العقارات المتاحة للايجار. ويعاني المواطن الأسترالي من أزمة دفع تكاليف الايجار التي تعتبر الأسوأ منذ 17 عاماً. أضاف التقرير أن هذه الأزمة أثرت على ملايين الأستراليين، حيث تجاوز ارتفاع أسعار الإيجارات نمو الدخل. كما أشار إلى أن الأسر ذات الدخل المتوسط الذي يبلغ 110,000 دولار سنويا لا يمكنها تحمل سوى 39 في المائة من العقارات المتاحة للإيجار. ويقول أنغوس مور، كبير الاقتصاديين في PropTrack، إن ارتفاع الإيجارات تجاوز الأجور بشكل كبير، وهو تفاوت يتزايد منذ تفشي وباء كورونا. فما هي أسباب هذه الارتفاع وهل هناك مقترحات للحلول؟ المزيد في التدوين الصوتي أعلاه مع الوكيل العقاري تشاد عربيد.

Đó là một vấn đề cấp bách ảnh hưởng đến hàng triệu người trên khắp nước Úc: tình trạng nhà cho thuê tăng giá nằm ngoài khả năng chi trả của người thuê , với giá thuê nhà tăng cao vượt xa tốc độ tăng của thu nhập, ảnh hưởng đến hàng triệu người. Một báo cáo có tên PropTrack Rental Affordability report - Khả năng chi trả cho thuê nhà - do cơ quan PropTrack thực hiện cho thấy các hộ gia đình có thu nhập trung bình 110.000 AUD mỗi năm chỉ có đủ khả năng để nhắm đến khoản thuê 39% số nhà thuê có sẵn.

Австралија се соочува со најлошата криза за достапност на изнајмување во последните 17 години, при што зголемените цени на киријата го надминуваат растот на приходот, што влијае на милиони. Најновиот извештај за достапност на изнајмување PropTrack открива дека домаќинствата со просечен приход од $110.000 долари годишно може да си дозволат само 39 отсто од достапните имоти за изнајмување.

澳大利亚正面临17年来最严重的租房可负担性危机，租金飙升远超收入增长，这一问题影响到数百万人。房产分析公司PropTrack最新的房租可负担性报告指出，年收入中位数为11万澳元的家庭只能负担起市面上39%的房源。点击音频，收听完整报道。

The supply of rental homes and units in Australia is considered to be at a critical level, with the median rental price reaching $580 per week in December, according to PropTrack. - Itinuturing na nasa critical level ang supply ng mga mauupahang bahay o unit sa Australia habang ang median rental price ay pumalo na sa $580 dollars nitong Disyembre ayon sa PropTrack.

Kiralık ev sayısının azalmaya devam etmesi yüzünden kira fiyatlarının artmaya devam etmesi bekleniyor. Realestate.com sitesindeki ilanlar inceleyen Proptrack, yaptığı analizde durumun özellikle başkentlerde büyük sıkıntıya yol açacağını ortaya çıkardı.

Welcome back!  In this latest episode of the Brisbane Property Podcast, your hosts Melinda and Scott Jennison dive deep into the heart of the Brisbane property market, bringing you the most up-to-date insights and analysis for November 2023. Key Highlights: Data-Driven Analysis: Brisbane Buyers Agents, Scott and Melinda dissect the latest research from industry leaders CoreLogic and Proptrack, providing you with a data-driven perspective on the current state of the Brisbane property market. Stay ahead of the curve with real-time statistics and trends! On-The-Ground Experience: Melinda and Scott share their invaluable on-the-ground experience, giving you a unique and comprehensive understanding of the market dynamics. Discover hidden gems, emerging neighbourhoods, and insider tips from these seasoned property experts. Market Summary: Get ready for a detailed market summary that covers everything you need to know about Brisbane's property landscape from buyers agents Brisbane. Whether you're a first-time buyer, seasoned investor, or just curious about the market, this episode has something for everyone. Don't miss out on the latest updates and expert insights. Hit that subscribe button, so you're always in the loop with the Brisbane Property Podcast! Connect with Us: Subscribe on Youtube https://www.youtube.com/channel/UCW30uBCnHQ2YllnwGKHNfxg Listen on Spotify https://open.spotify.com/show/5tODCtY54iQrxadNqqmevs Streamline Property Buyers Website https://streamlineproperty.com.au/ Ready to work with us directly? https://streamlineproperty.com.au/contact/   Hosts: Melinda Jennison - Buyers Agent Brisbane | REBAA President Scott Jennison - Brisbane Buyers Agent | Licensed Builder If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the information we share!

Renters around the country are being warned of more pain as limited supply pushes up prices. That's based on a new analysis by Proptrack of listings across its website Realestate.com. This feature which is produced by Selvi explains more. - நாட்டில் வாடகை வீடுகளின் தேவை அதிகரித்துள்ள அளவு வாடகை வீடுகளின் எண்ணிக்கை அதிகரிக்கப்படவில்லை என்றும் வாடகைக்கு வீடு கிடைப்பது கடினமாகிவுள்ளதோடு வாடகை தொகையும் அதிகமாகிவுள்ளதாகவும் சமீபத்திய பகுப்பாய்வு ஒன்று கூறுகிறது. இது குறித்த விவரணம் ஒன்றை தயாரித்து வழங்குகிறார் செல்வி.

Renters around the country are being warned of more pain as limited supply pushes up prices Renters around the country are being warned of more pain as limited supply pushes up prices. That's based on a new analysis by Proptrack of listings across its website Realestate.com.The impact is not just being felt in capital cities. Listen to this SBS Sinhala explainer for more information. - ඔස්ට්‍රේලියාවේ කුලී නිවාස අර්බුදය හේතුවෙන් නිවාස කුලිය තවදුරටත් ඉහළට.මේ ගැන වැඩිදුර තොරතුරු දැන ගන්න සවන් දෙන්න SBS සිංහල ගුවන් විදුලියේ දවසේ කාලීන තොරතුරු විග්‍රහයට.

Una nuova analisi di PropTrack rivela che le proprietà sul mercato australiano sono arrivate ai minimi storici.

We've all heard the misconceptions about property investors – how they're often painted as greedy landlords who love raising rents and spend their time swimming in a mountain of cash.In this bonus episode - originally recorded for the Real Talk podcast (aka the realestate.com.au podcast) - we debunk some of the popular myths around property investment!Hosted by Alice Piper, this episode features our very own Bryce Holdaway, as well as senior PropTrack economist Paul Ryan. Before joining REA in late 2020, Paul spent a decade at the Reserve Bank of Australia conducting research on the Australian economy, focusing on housing markets, lending risks and regulatory effects on property markets.He has also been featured on Episode 459 of our podcast, where we chat about how to solve Australia's growing demand for property! Timestamps 0:00 - REAL Talk - Where are all the Property Investors going?00:58 - Data shows investors are offloading their properties at a loss

Những người thuê nhà trên khắp Úc được cảnh báo rằng sắp tới giá nhà thuê sẽ còn lên cao khi thiếu nguồn cung. Tác động này không chỉ được diễn ra ở các thành phố thủ phủ, và nhận định này dựa trên phân tích mới của Proptrack về danh sách các nhà thuê trên trang web Realestate.com của họ.

Renters around the country are being warned of more pain as limited supply pushes up prices. That's based on a new analysis by Proptrack of listings across its website Realestate.com, and the impact is not just being felt in capital cities.

وجد أحدث تقرير لمؤسسة Proptrack أن الأسر التي يبلغ متوسط دخلها 105 آلاف دولار يمكنها تحمل سعر 13 في المائة من المنازل التي تم بيعها في جميع أنحاء البلاد في العام الماضي. وهذا هو أدنى مستوى منذ عام 1995. ويقول الوكيل العقاري تشاد عربيد ان الارتفاع الحاد في معدلات القرض العقاري وزيادة أسعار المنازل كانا العاملان الرئيسيان وراء هذا الانحدار.

Rents around the country are 11.8 per cent higher than a year ago according to PropTrack data, so Farah Farouque from Tenants Victoria takes a look at what can be done about it; plus SBS Finance Editor Ricardo Gonçalves discusses the latest sharemarket moves with Carl Capolingua from ThinkMarkets.