Property

Queensland has led the east coast for property sale settlements, beating Victoria for the first time in more than a decade, according to research.

The NSW government has announced that it is setting up a regional housing taskforce to address housing supply shortages, and has released the 2021-22 budget.

CoreLogic figures have revealed that over 1,100 homes were taken to auction in Sydney and the clearance rate exceeded 80 per cent despite the recent COVID-19 outbreak.

Despite a tumultuous 12 months for the Australian property market, CoreLogic has reported that house or unit median values ticked over the million-dollar mark across 218 Australian markets ...

Victoria has occupied 11 of the top 20 building activity population hotspots in Australia, including the top spot, according to an HIA report.

New listing volumes dropped in May 2021 to the lowest monthly volume since February this year, but remain higher compared with previous years, according to research.

Auction volumes were lower last week amid ongoing lockdown restrictions in Melbourne and a long weekend in several states and territories, according to CoreLogic data.

The total value of residential dwellings rose by almost $450 billion in the March quarter to surpass $8 trillion for the first time, according to the ABS.

Consumers signalled stronger intentions towards home buying in May, as the big four bank has predicted house prices are set to increase by more than 10 per cent over the coming year.

Housing prices in capital cities have grown at the fastest rate in a decade, a new report has found.