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The Latest Breaking News from Cotality

'Doing what we want': Labor stands by housing tax moves

Tax changes will help boost housing supply in the long run, even though a downturn is impacting new home sales, the housing minister says.

AAP

Sellers flee auctions as housing downturn deepens

More than three in five homes listed for auction converted to private treaty in July, the highest rate since the 2022 downturn, property site Domain has found.

AAP

High-end property hit by steepest price falls as affordable end of Australia’s housing market proves resilient

Despite falls in some parts of the market, prices are showing signs of stabilising as investors exit and first-time buyers move in, analysts say

The Guardian - AU

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Owner-occupier outbids developers to secure prime development site in Merewether for millions

The hotly-contested auction attracted 12 registered bidders.

Newcastle Herald

One group of buyers is still applying for home loans while prices drop. This is why

Why waiting for the housing market to bottom out could cost you.

The Canberra Times

Labor is in damage control over falling house prices. Why not take credit instead?

In the long term Chalmers, O’Neil and Albanese will want to own any improvement in intergenerational equity, so maybe it’s better to start now

The Guardian - AU

10 Cities Where Homeowners Are Falling Behind Fastest On Their Mortgage

A missed mortgage payment doesn’t immediately mean foreclosure, but it can be the first indication that a household budget has stopped working. Nationally, mortgage performance...

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'Rush to conclusions': calls for calm on house prices

Labor is calling for calm as it shuts down suggestions Treasury modelling of house prices underestimated the impact of tax changes and misled the public.

AAP

Mastering the flip: renovation duo bring character back to 1920s Hamilton cottage

See inside the transformation of this 100-year-old home.

Newcastle Herald

Fugitive property developer won’t give evidence this week to Icac – as it happened

This blog is now closed

The Guardian - AU

The suburbs where house prices are dropping the most

The median house price in the ACT is now just over $1 million.

The Canberra Times

Not for the faint-hearted: inside Newcastle's cheapest house

The dilapidated cottage is priced well below the $1.11 million median.

Newcastle Herald

Blink and you'll miss it: the Lake Macquarie suburb where homes sell in 16 days

Data reveals the fastest and slowest selling suburbs in Newcastle and Lake Macquarie.

Newcastle Herald

Home buyers in 'driver's seat' but owners holding fire

Home owners are looking to wait out Australia's property market downturn as listing data points to a sluggish spring season.

AAP

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Newcastle Herald

'Unliveable' house sells at auction after bidders swarm on bargain listing

Find out what the buyers have planned for this dilapidated home.

The Canberra Times

'A big plunge': why this couple is giving up the beach to return to Googong

Beach side houses are dropping in value, is now the time to buy?

The Guardian - AU

Critics of Labor’s tax changes claim rents could climb by up to 30%. Here’s why they probably won’t

Property experts at National Australia Bank and Ray White say their analysis has been misunderstood. So how high will rents really rise?

Newcastle Herald

Sharp rise in homes for sale signals market shift in Newcastle and Maitland

Experts say demand has pulled back 'quite rapidly'.

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news in one place.

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Newcastle Herald

Four years after paying $4m, former real estate boss sells apartment at a loss

Four parties registered at the auction but only one bid.

The Canberra Times

Canberra house prices to drop by 5.4 per cent in 2026, forecasts ANZ

The general market softening is expected to continue until 2028.

AAP

Early days but a door is opening for first home buyers

Rising interest rates were already softening mortgage demand from investors but Labor's tax changes in the federal budget deepened the dive.

Newcastle Herald

New build fetches $3.8m as 'realistic' sellers secure strong sales before auction day

'Between a few different parties, we found our best buyer'.

The Guardian - AU

Australia has a unique love affair with house auctions. Is it starting to come to an end?

Recent falls in auction clearance rates have resulted in dramatic media headlines. But were auctions part of the problem?

AAP

House-hunters face spring sale shortage in market slump

Weak results in major housing markets are putting would-be sellers off listing their properties as prices fall nationally.

Newcastle Herald

Hunter Valley winemaker Lisa McGuigan toasts to $8.5 million property buy

The luxury pad is located in a recently completed $1 billion redevelopment.

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