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The Latest Breaking News from CoreLogic

Here’s What Happened To The Housing And Rental Market In 2023, And Some Predictions For 2024

House prices climbed 8.1% in 2023, the latest CoreLogic report shows, as home ownership continues to appear out of reach for many.

Pedestrian.tv

Slight dip in Canberra property values to end mostly flat year

House prices are still up 30% on pre-COVID numbers.

The Canberra Times

House prices to fall by 3-5pct after flat end to 2023

The Australian housing market ended 2023 on a flat note, despite respectable gains across the year, and are likely to fall going into 2024, experts say.

AAP

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Australia’s property market faces fresh peaks and troughs with slowing prices and interest rates tipped to drop

Price trends are unlikely to be straightforward in 2024, even if the RBA’s next move is a rate reduction

The Guardian - AU

Where famous Novocastrians bought and sold in 2023

The Norris Nuts were among the big names spending big dollars.

Newcastle Herald

The Canberra suburbs where house prices surged in 2023

An area just outside ACT had the highest growth in the country.

The Canberra Times

Luxury new build on Anna Bay acreage expected to fetch record price

'I have never seen a home of this calibre.'

Newcastle Herald

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Home sellers across Newcastle and Lake Macquarie make $548 million profit

Homeowners in Newcastle gained a median profit of $350,000.

Newcastle Herald

Migrants scapegoated as cause of Australia’s housing crisis a ‘disturbing’ trend, advocates say

Housing and welfare groups call on Anthony Albanese and Peter Dutton to show leadership amid rise in ‘nonsense’ rhetoric

The Guardian - AU

Ultimate bathroom centrepiece of award-winning Coal Point modern waterfront home

'You really don't see homes like that around Coal Point.'

Newcastle Herald

Best and worst performing suburbs in Lake Macquarie and Newcastle in 2023

See the best and worst performing suburbs across the region this year.

Newcastle Herald

Strong buyer interest in 'hidden' 1.7 acre block listed in Charlestown

The property has a guide of $1.15 million to $1.25 million.

Newcastle Herald

Newcastle suburbs that joined the $1 million club in 2023

See where median house values climbed above $1 million this year.

Newcastle Herald

Shifting the needle on the housing crisis: will Chalmers’ plan to slug foreign home buyers be enough?

Treasurer has announced plans to triple fees foreigners pay when buying established homes and to double penalties for leaving a property vacant

The Guardian - AU

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Newcastle Herald

Sneak peek inside new home on one of Bar Beach's most tightly held streets

The median house price in Bar Beach is $2.12 million.

Latin Times

Hurricane Otis to Become Costliest Insured Disaster in Mexico: Swiss Re

Global natural catastrophes will pass the $100 billion threshold for the 4th consecutive year

The Canberra Times

Why Australian home prices continue to rise despite interest rate increases

Despite 13 interest rate rises since May property prices are still on the up.

Newcastle Herald

Three-bedder in Pelican sells $250k above reserve at auction for $1.2 million

There was also a surprising result at an auction in Marks Point.

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Newcastle Herald

Home prices growth in Newcastle and Lake Macquarie top in state in November

The median house value in Newcastle has climbed to $878,672.

AAP

Home prices break through ceiling but growth eases

The housing market downturn of last year has been completely unwound, but the pace of growth is slowing.

Newcastle Herald

Croudace Bay sale tops suburb record

The previous record sale for a house in Croudace Bay was $1.525m.

Newcastle Herald

Tiny, quirky cottages in Mayfield and Hamilton pull in first home buyers

One and two bedders are the best option.

Newcastle Herald

$1.5 million sale of two-bedder in Tighes Hill sets benchmark

'Tighes Hill is still very tight in terms of listing numbers.'

Newcastle Herald

Newcastle family pays record $7.05m for Bar Beach home to knock it down

The sale topped the previous Bar Beach suburb record by $150,000.

The Guardian - AU

Housing prices back at record levels, defying Australia’s interest rate rises

The 7.5% drop from the April 2022 peak has been recovered, but some cities are faring better than others, CoreLogic analysts say

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