August 2025 quarter Dr Nicola Powell Chief of Research and Economics Sydney’s housing market is entering spring with renewed momentum. Tight supply and lower interest rates are intensifying competition, with clearance rates pushing above 70% by winter’s end — the strongest since mid-2023. New listings have fallen to a four-month low in August, and total…
Latest Property News
By Jack Campbell 25 August 2025 The first home buyer relief scheme has been brought forward to get more people into homes sooner. The Albanese Government’s plan to allow first home buyers to access 5 per cent deposits on homes will now commence from 1 October, three months earlier than originally planned. Announced in April, the…
By Jack Campbell 22 August 2025 The major bank has cut its fixed rates, coinciding with the recent variable rate drop. Effective from today (22 August) Commbank has cut its fixed rate home loans but up to 0.45 per cent per annum. This announcement arrives on the same day as the recent 0.25 per cent cut…
By Mathew Williams 22 August 2025 NSW has vowed to crack down on various issues of concern, including underquoting and unlawful evictions, as it outlines its annual compliance and enforcement agenda. NSW Fair Trading has announced its compliance and enforcement agenda for 2025–26, identifying areas of concern in both the rental and property sectors. The industry…
July 2025 quarter Dr Nicola Powell Chief of Research and Economics Sydney’s housing market is building momentum, with recent price growth motivating more homeowners to list. July recorded the highest new listings for the month on record, even as overall supply begins to tighten. Clearance rates lifted to their strongest since February 2024, while auction…
By Liam Garman 12 August 2025 | 7 minute read The Reserve Bank of Australia has confirmed a widely anticipated interest rate cut, trimming the cash rate by 25 basis points to 3.6 per cent. For a borrower with a $600,000 mortgage, the cut is expected to reduce monthly repayments by about $89. Canstar projects lenders will pass…
August 12, 2025 By The Homely Team In a move that’s set to bring welcome relief to many households, the Reserve Bank of Australia has announced a 0.25% cut to the official cash rate, bringing it down from 3.85% to 3.6%. This is the third rate cut in 2025, following softer-than-expected inflation data and continued signs…
By Liam Garman 11 August 2025 The cost of building has pushed residential land sales to their lowest quarterly level in 25 years, new Housing Industry Association (HIA) data has revealed. The steep decline comes as the cost of building has grown by nearly 40 per cent since 2019, raising concerns for future housing supply. The…
By Gemma Crotty 05 August 2025 A real estate agent has come under fire after allegedly failing to meet her auditing responsibilities despite repeated reminders between 2021 and 2024. Consumer Affairs Victoria (CAV) is cracking down on a real estate agent who allegedly failed to meet her auditing responsibilities regarding client funds, including home deposits and…
By Gemma Crotty 01 August 2025 | 7 minute read Landlords and agents could soon be required to disclose AI-doctored and digitally altered images in NSW rental ads. REB reached out to NSW Fair Trading for the latest information. Proposed reforms to crack down on digitally altered images in NSW rental property ads could come into effect next year, with…