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The Latest Breaking News from CoreLogic

Homeowners making hundreds a week even without tenants

People who own property might be able to make more than $30,000 a year, if the market is good, simply by holding onto their asset for about nine years.

AAP

Australians making record $295,000 median profit on home sales, report shows

Brisbane the most profitable city in September quarter while Melbourne the only capital city market to record more loss-making sales

The Guardian - AU

A small Victorian tourist town of 2,600 people has 100 properties for sale. What’s going on in Bright?

With few homes for rent and a chef living in a van, the Alpine shire town is described as an ‘extreme version’ of Australia’s housing crisis

The Guardian - AU

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Value of Australian homes may drop in early 2025

Australian home values could dip in early 2025 but a drop in interest rates is expected to send buyer demand up again.

AAP

New homes lead the way in energy efficiency

Canberra boasts the most energy efficient homes in Australia but cities with older stock like Sydney and Hobart are lagging.

AAP

Forced to move by the Australian housing crisis: three-hour commutes and ‘never mind seeing your family’

In search of affordable housing people move away from their jobs, their communities and support networks. But the shift is also changing the way cities function

The Guardian - AU

Where home prices are expected to grow fastest in 2025

Australian property values are set to keep rising over the next 12 months but controversial tax changes are helping keep one state's home price growth in check.

AAP

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As Australian housing prices drop, first homebuyers could be in for a win. But, as always, there’s a catch

Lower house prices can have far-reaching consequences – for mortgage default rates and consumer spending

The Guardian - AU

Life without Bill Shorten: Labor eyes frontbench reshuffle

Anthony Albanese is considering a new-year cabinet shake-up following the retirement of Bill Shorten, and the housing market appears to finally be losing steam.

Crikey

Building data nailed but future framework doubts linger

Home building approvals have broken a two-year ceiling but industry groups warn it's not enough to meet a target of 1.2 million homes by 2029.

AAP

Australia’s housing market loses steam with prices falling in Sydney and Melbourne

More houses for sale in country’s two biggest cities in November than there were at this time of year since 2018

The Guardian - AU

Melbourne 1930s weatherboard soars $412,000 over reserve in first sale in 35 years - while Sydney sellers struggle

Melbourne bounces back in some areas, while Sydney sees stock levels rise

The Canberra Times

To move or not to move: is it cheaper to find a new place or stay when your rent increases by 10%?

Your landlord has just raised your rent by 10% and your mind starts running the numbers – should you cop it sweet or look to move?

The Conversation

Canberra's auction clearance rates drop to their lowest level since 2020

'Diminished sense of urgency because there is so much on the market.'

The Canberra Times

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The Canberra Times

Canberra house prices drop in October with trend set to continue

Only two regions in ACT increased dwelling values across the period.

AAP

Property market easing with falls across four capitals

Slowing momentum in home price growth bodes well for those hoping to get a foot on the property ladder as the central bank weighs rate cuts.

The Guardian - AU

Australian home prices hit new high during spring rush but Sydney records small slip

Perth, Adelaide and Brisbane remain the strongest capital city property markets, with prices up 20.58%, 14.91% and 12.51% over the past year

The Canberra Times

The unassuming Canberra suburb where people don't want to sell

'It felt airy - like you could really breath around here.'

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The Canberra Times

'They want to feel supported': why so many women feel buying a home is crucial

More women than men see owning a home as 'extremely important'.

Newcastle Herald

'Rare' block with old chuch hall listed for $1.45 million in Pelican

The 1075-square metre property was last sold in 1995.

The Canberra Times

Kath & Kim star Jane Turner lists stunning Victoria home for $7.5m to $8m

It's nice, it's different, it's unusual.

The Canberra Times

The suburbs where homes are being snapped up

Time on market is the lowest in Canberra's outer suburbs.

AAP

Rental crisis is everywhere, dire for essential workers

The rental crisis is now in every community, as the nation's essential workers struggle to find affordable homes to rent and monthly dwelling approvals drop.

AAP

Property market eases past $11 trillion, investors busy

Australian homes are worth more than ever but the annual pace of growth has slowed rapidly in the past three months.

Fortune

Hurricane Milton is closing in on $1 trillion worth of commercial properties, Moody’s estimates

Apartment buildings valued at around $370 billion are situated within the storm path.

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