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HIA recommends First Home Loan Deposit extension

Australia’s peak residential building association said the First Home Loan Deposit has “proven to be highly successful” and should be extended to help combat housing affordability and supply ...

HIA recommends First Home Loan Deposit extension
Hundreds take up SA state-backed home loan scheme

More than 200 government-backed loans covering upfront property costs in South Australia have been approved for the 2022 financial year so far, with the state reporting significant demand.

Hundreds take up SA state-backed home loan scheme
Aus median house price surpasses $1m

The median house price for Australia’s combined capital cities has hit a high of $1.06 million, but Domain has suggested market growth may have already peaked.

Aus median house price surpasses $1m
Auction markets ramp up in 2022

The auction market has kicked off early this year, with 448 homes taken to auction across the capital cities earlier this week – more than double last year’s figures. 

Auction markets ramp up in 2022
New homes and renovations trend

Sales of new detached homes continued to increase for five consecutive months, despite the end of HomeBuilder grants, confirming a strong demand for housing may continue.

New homes and renovations trend
Sustainable properties high on buyers’ minds

The Real Estate Institute of Australia (REIA) said it’s expecting demand for sustainable homes and living to increase over 2022.

Sustainable properties high on buyers’ minds
Victoria takes 1st steps in $2m regional housing project

The development is expected to provide “essential infrastructure” for residential development in the state’s west.

Victoria takes 1st steps in $2m regional housing project
More young Australians focused on paying off mortgages

The percentage of young adults looking to pay down their home loans has risen over the past five months, according to new data.

More young Australians focused on paying off mortgages
Residential land values continue to soar across NSW

Land values across NSW increased by 24 per cent in the last 12 months to 1 July 2021, according to a new report by the NSW Valuer General.

Residential land values continue to soar across NSW
Residential builds lag over September: ABS

Unit and private build commencements collapsed during the September quarter, marking the first unanimous fall in over two years.

Residential builds lag over September: ABS
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