Economic updates

It has been a strong start to 2024 for Australian housing markets with house prices up already 2.2 per cent.

Farmland values doubled in the three years to June 2023, however with more mixed agricultural conditions in 2024, it is unlikely we will see such stellar growth this year.

Price growth continues across all of Australia in February with Perth now recording 17.5 per cent growth over the past 12 months

Private investors (“mum and dad” investors) provide most rental properties in Australia.

Time on market is plunging in Perth. The average time on market is now just 11 days.

Where is the “city of love”? While many may think the romantic cities in the world are Paris, Venice or even New York, this year we have decided it is Brisbane.

There was no rate cut last week but with markets now pricing in two cuts this year, it seems to be enough to drive demand for property.

A distinct change to the interest rate outlook occurred at the end of last year.

Revving up for the upcoming Melbourne Grand Prix, let's dive into the Aussie suburbs that have an undeniable love affair with their four-wheeled companions.

Prices have continued to rise in spite of increasing interest rates. Limited supply is often offered as an explanation, especially a limited supply of affordable options.

One might think that the suburbs with the most swimming pools would be those located in warm climates, and far from the coast.

Perth remains the strongest market in Australia with house prices up 15.3 per cent over the past 12 months and 0.6 per cent up in January.