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Property Market stories

Australian retail leases shorten as income visibility fades
Real estate

Australian retail leases shorten as income visibility fades

Average retail lease lengths in Australia have fallen to 34.4 months, leaving landlords facing earlier renewals and less certain income streams.

By Mara Sugue • 3 min read • Last week
Kensington buyers turn to bigger apartments near CBD
Real estate

Kensington buyers turn to bigger apartments near CBD

A widening AUD $2 million-plus gap to houses is pushing Kensington buyers towards completed three-bedroom apartments closer to Sydney's CBD.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Auction clearance rate rises as Sydney overtakes Melbourne
Real estate

Auction clearance rate rises as Sydney overtakes Melbourne

Sydney overtook Melbourne to become the biggest auction market last week, as the combined capital clearance rate climbed to 47.6%.

By Mara Sugue • 4 min read • Last week
Reserve Bank rate rise deepens Australia's housing slump
Real estate

Reserve Bank rate rise deepens Australia's housing slump

Mortgage repayments are about AUD $600 a month higher for average borrowers after the Reserve Bank lifted rates to 4.85%.

By Sean Mitchell • 3 min read • Last week
Auction clearance rate falls to lowest since April 2020
Real estate

Auction clearance rate falls to lowest since April 2020

A likely rate hike has added pressure to buyers as the combined capitals preliminary auction clearance rate slumped to 47.2% last week.

By Mara Sugue • 2 min read • Last week
Melbourne auctions fall after Victoria reserve rule
Real estate

Melbourne auctions fall after Victoria reserve rule

Victoria's new reserve price disclosure rules coincided with a sharp drop in Melbourne auctions, even as preliminary clearance rates improved last week.

By Mara Sugue • 3 min read • This month
Australia housing market stalls as spring sales slide
Real estate

Australia housing market stalls as spring sales slide

Higher borrowing costs and weak confidence have left Australia's spring housing market sluggish, with sales down 20.9% and selling times stretching to 41 days.

By Sean Mitchell • 5 min read • Last month
Spring auction volumes hit lowest level since 2020
Real estate

Spring auction volumes hit lowest level since 2020

Fewer homes are coming to market as weak seller activity and sub-50% clearance rates keep the spring auction season at its quietest since 2020.

By Sean Mitchell • 3 min read • Last month
Australia auction volumes rise as clearance rates fall
Real estate

Australia auction volumes rise as clearance rates fall

Australia's spring auction market showed weaker selling conditions as reported sales fell below half despite volumes rising to 1,882.

By Mara Sugue • 3 min read • Last month
Sydney & Melbourne drag auction clearance rate lower
Real estate

Sydney & Melbourne drag auction clearance rate lower

Buyer demand has kept the spring auction market subdued, with the combined capital clearance rate slipping to 44.1% and Sydney down to 45.6%.

By Sean Mitchell • 4 min read • Last month

Global Stories

Property Market stories

Stories from Other Regions

Property Market stories

Auckland warehouses squeeze more stock into same space
Supply Chain

Auckland warehouses squeeze more stock into same space

Higher Auckland land costs are pushing warehouse operators to boost pallet capacity inside existing buildings, with some projects adding about 5,000 positions.

By Joseph Gabriel Lagonsin • 5 min read • Last week
Mojo warns income caps could shut out first-time buyers
Real estate

Mojo warns income caps could shut out first-time buyers

Proposed £90,000 and £110,000 income limits would leave more than 13% of Mojo Mortgages' first-time buyer applicants ineligible, it said.

By Joseph Gabriel Lagonsin • 4 min read • Last month
New Zealand housing market may be entering slower era
Real estate

New Zealand housing market may be entering slower era

Long-term house price gains could now settle nearer 3% to 5% a year as supply, lending rules and incomes restrain New Zealand values.

By Sean Mitchell • 4 min read • Last week
Thailand's real estate growth shifts beyond Bangkok
Manufacturing

Thailand's real estate growth shifts beyond Bangkok

Investment is spreading into Thailand's industrial and tourism hubs as supply chain shifts and higher ESG standards weaken Bangkok's dominance.

By Sofiah Nichole Salivio • 4 min read • Last month
What's going on with retirement village share prices?
New Zealand Labour Party

What's going on with retirement village share prices?

Policy uncertainty and a stagnant housing market have deepened the slump in retirement village shares, even as analysts see recovery potential.

By Susan Edmunds • 4 min read • Last month
Brickflow adds live funding comparisons to Upstix listings
Fintech

Brickflow adds live funding comparisons to Upstix listings

Investors on Upstix can now compare live rates from more than 160 specialist lenders before making an offer, speeding up deals.

By Karen Joy Bacudo • 4 min read • Last month
Mackenzie house values soar as demand continues
Real estate

Mackenzie house values soar as demand continues

Residential and commercial owners face higher rates bills after the district's rateable value climbed to NZD $8.353 billion on strong demand.

By Claire Taylor • 3 min read • Last month