Latest Property News

Gap widens between house and unit values

Research News   •   20 Feb 2024 As the gap widens between house and unit values, we reveal the suburbs with the largest and smallest house premium. Underlying land value, scarcity factor and desire for more space through the pandemic has led to a substantially larger rise in house values relative to unit values over the past…

If housing is so undersupplied, why are some markets falling in value?

In today’s Pulse article, Head of Research Eliza Owen discusses how the performance of dwelling values and rental demand influences Australia’s current housing supply. The current state of the Australian housing market is often characterised as undersupplied. Supply is at the centre of government policy approaches to housing, and the latest reporting from Housing Australia…

Home values rise 0.4% in January

Research News   •   01 Feb 2024 The CoreLogic House Price Index rose for the fourth month in a row in January, although the 0.4% increase was a deceleration in the pace of gains on both November (0.7%) and December (1.0%). Since September’s trough, property values have now risen 2.5%, bringing the national average to $928,184, or…

A third of Australia’s regional beachside markets maintain peak values amid economic challenges

Property Pulse, Research News   •   25 Jan 2024 Just over one third (35%) of Australia’s regional coastal markets recorded housing values at record highs at the end of last year despite multiple rate rises, cost of living pressures and market uncertainty, CoreLogic figures reveal. A thorough examination of Australia’s regional coastal suburbs to the end of…

Construction cost growth ‘returns to trend

A reacceleration in the quarterly pace of growth for national construction costs is suggested to be a return to trend rather than a new surge, according to CoreLogic. The Cordell Construction Cost Index (CCCI), which tracks the cost to build a typical new dwelling, recorded a growth rate of 0.8% over the three months to December.…