House prices will continue to moderate until interest rates are cut
The Australian housing market is showing clear signs of moderation as 2024 draws to a close, with the national house price median reaching $898,745, up 7.7 per cent annually but with monthly gains easing to 0.4 per cent.
Interstate buyers continue to flock to Gold Coast and Brisbane but Melbourne is rising
Analysis of buyers at almost 10,000 Ray White auctions continues to show that Queensland's property market remains the strongest in Australia for both investors and people buying from other states.
House price growth is definitely slowing. However, conditions in the final quarter of 2024 are continuing to show a two speed housing market. And like any change in market conditions, at a city level, they have very different drivers.
We are getting close but unfortunately November was not the month for a rate cut. Although inflation is now within the target range, hitting 2.8 per cent last week, the RBA decided to keep rates on hold.
In any market, there is always opportunity, even in one where prices have risen as much as they have over the past two years. These are property types that I think are worth a look.
The story of Frederick Fisher's ghost is one of Australia's most famous paranormal tales. On June 17, 1826, Fisher suddenly disappeared from the town of Campbelltown, NSW
The Gold Coast, once known primarily as a tourist destination, has been experiencing a transformation, one that started at the beginning of the pandemic.
