Auction activity has picked up as we lead into spring, with 2,251 homes taken under the hammer last week, a 9.0% lift on the week prior and the highest number of auctions held since the first week of June (2,918). The preliminary clearance rate has also continued trending higher, reaching 76.3% last week across the combined capitals. This is a full percentage point higher than … Continue reading Preliminary clearance rate continues to trend higher across combined capitals.

Buying your first home is an exciting step, but it can be overwhelming without the right information. From budgeting to searching, applying for finance, and understanding legal steps, here’s a practical guide for first-home buyers covering affordability, deposits, government incentives, the buying process, and commonly asked questions. Affordability & Finance How much can I afford to spend on a property? This depends on your income, … Continue reading First-Home Buyers: Your Complete Guide

Navigating the competitive Australian property market, particularly when seeking off-market deals, often requires a collaborative effort between the buyer, their mortgage broker, and a buyer’s agent. While individual buyers might struggle to access properties before they hit public listing platforms, these professionals can work together to uncover and secure suitable opportunities. Platforms like Homeowner.com.au, with tools such as Buyer Assist, help streamline this process by … Continue reading how buyers, brokers, and agents can work together to secure off-market deals.

In the competitive Australian property market, where limited supply and high demand persist, securing a property, especially an off-market deal, often involves the coordinated efforts of buyers, mortgage brokers, and buyers agents. Understanding the distinct roles and how they work together is crucial for buyers navigating this landscape. Firstly, the selling agent represents the vendor (seller) and works to achieve the best possible price for … Continue reading how buyers, brokers, and agents can work together to secure off-market deals.

Buying property in Australia can be a challenging process, particularly in the current market influenced by factors such as persistent demand outpacing supply, steady growth in national home prices, and average loan sizes reaching unprecedented levels. To navigate this intricate landscape, many buyers are increasingly turning to professionals like mortgage brokers and buyers agents. While they serve distinct functions, leveraging the expertise of both can … Continue reading From broker to agent: creating a seamless buyer experience.

Based on the provided sources, the outlook for the Australian property market in 2024 and into early 2025 presents a nuanced picture, showing signs of both continued resilience and growth drivers, alongside potential headwinds that could lead to a levelling off or slowdown in certain segments. Throughout 2023, the Australian property market demonstrated substantial resilience, with national home prices increasing by a significant 5.5%, surpassing … Continue reading Is the Australian Property Market Headed for a Correction or continue growth

While the COVID-19 pandemic initially spurred a significant shift towards regional property markets in Australia, leading to substantial price and rent increases outside major cities, the landscape appears dynamic as we move towards 2025. In the period between July 2020 and April 2022, regional home values surged by approximately 47.6%, a stronger growth rate than capital cities during that time. This was partly fueled by … Continue reading Regional vs. Metro Property: Where Are Australians Buying in 2025?

Housing affordability is a significant issue in Australia, featuring prominently in federal election campaigns. The cost-of-living pressures and mortgage affordability are major concerns for “mortgage belt” voters who are demanding policy solutions. During an election campaign, major parties propose various housing policies. These policies are often presented as ways to help Australians, particularly first home buyers, enter the property market or ease financial stress. For … Continue reading How the Australian Federal Election affects the housing market