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The Latest Breaking News from Domain

Adam Bandt says rents are rising six times faster than wages. Is that correct?

Greens leader Adam Bandt says rents are rising six times faster than wages. Is that correct? RMIT ABC Fact Check investigates.

ABC News

'Cascade effect' pushing people into homelessness after rental prices, property scarcity hit records

With the national rental vacancy rate at a record low for a fourth straight month, welfare workers say they are seeing more and more people being pushed into homelessness.

ABC News

Rents are at a record high across Australia, according to a new report

Analysts say open borders and increased migration have driven demand for real estate – and increases in rental prices.

ABC News

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As the rental market tightens, young people are facing greater barriers to find share housing

Younger people looking for share housing are struggling to compete against rising rents and record-low vacancy rates in a heated rental market.

ABC News

Housing crisis has become 'truly national', councils and housing groups say, as they call for $400m funding injection

Councils and housing groups say the coming budget should include a $400 million boost to Commonwealth funding for housing, arguing more Australians than ever are living in cars, caravans and tents.

ABC News

Domain half-yearly profits plunge as listings plummet

Domain says its first-half net profit after tax fell by 38.9 per cent to $14.1 million as listings fell with rapidly rising interest rates.

AAP

Property price declines slow but don't stop

The rate of house price declines has slowed, with values slipping by just 0.7 per cent across the combined capital cities in the December quarter.

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Adelaide real estate prices continue to increase, defying national downward trend

New data shows Adelaide has become the only Australian capital city where real estate prices continue to rise, attracting the eyes of investors.

ABC News

‘Green shoots’: Housing market outlook improves, despite further falls in property prices

The slide in Australian property prices eased sharply over the December quarter, with fresh data revealing falls slowed six-fold.

The New Daily

Domain says listings down 51pct in Sydney

Domain says there's been a big slowdown in property listings in recent months, with Sydney listings so far in December half of what they were last year.

AAP

Mortgage cliff looms as cheap loans expire

Housing affordability has taken a hit from rising mortgage rates and spiralling inflation, bringing an end to the property boom, but buyers are more prepared.

AAP

Your ultimate Sydney events guide: the best things to do this weekend, and what’s on through December

Summer in the City is Guardian Australia’s guide to the best arts, gigs and festivals around the country. Here are some highlights for Sydney in December

The Guardian - AU

Nine predicts market dominance at meeting

Nine has predicted it will gain market share at its shareholder meeting, with half-year earnings at the low end of a $380 million to $400 million range.

AAP

The federal budget had 'tough decisions' — but it's crunch time for Australians, too

Meet Miriam. She's the "typical Aussie", juggling a family, a part-time job and a growing pile of bills. Not one policy in the budget's five-point plan for cost of living relief will help her now — but for millions like her, crunch time is already here.

ABC News

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AAP

House prices plunge 4.9 per cent from peak

The housing market has tumbled in capital cities across the country, with prices down 4.9 per cent from their March peak.

Pedestrian.tv

A Syd Home That Was Burnt To A Literal Crisp Has Been Listed For More Than Its OG Price At $5M

A dilapidated shell of barely standing infrastructure is the perfect opportunity to be creative!

AAP

Rate spike caught home owners off guard

More than half Australia's mortgage holders did not believe the cash rate would hit the heights it has when they took out their home loan.

Pedestrian.tv

Melissa Caddick’s House Open For Inspection They’re Subtly Telling True Crime Fans To Fk Off

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ABC News

How the pandemic triggered Australia's worst rental crisis

Advertised house rents have hit record highs in 85 per cent of suburbs profiled in exclusive new data. These maps reveal the areas facing the biggest hikes in rent since the start of the pandemic.

The New Daily

The boom-bust myth: Why property prices may not fall as much as you think

Australians expecting a massive plunge in property prices to below pre-COVID levels are going to be disappointed, according to new research.

Pedestrian.tv

Australian House Prices Are Falling At Their Fastest Rate Since The GFC So WTF Does That Mean?

Congratulations, guys! Property analysts reckon house prices across Australia are falling at their fastest rate since the global financial crisis hit in 2008.But there’s a catch.Prices have really only dropped from “exorbitantly expensive” to “slightly less exorbitantly expensive”, according to new data from CoreLogic.The data showed that as at 31…

The Guardian - AU

Morning mail: Covid deaths in aged care, record rents, brutal and brilliant State of Origin decider

Thursday: Almost 100 aged care residents are dying from coronavirus each week. Plus: should Australians cut down on charcuterie?

The Guardian - AU

‘A landlord’s market’: rents hit record highs across Australia’s capital cities

House and unit rentals went up by 12% in the past year alone – the largest annual increase in 14 years

The Guardian - AU

Glass act: critics see right through Adelaide rental with bathroom ‘cube’ built next to kitchen

A North Adelaide studio apartment has been ridiculed online, with some likening it to ‘your first custom house in the Sims’

ABC News

Sydney has become a landlords' market and desperate renters are paying the price

Long searches, skyrocketing prices and diminishing quality. Sydney's housing market is cutthroat, and desperate renters are paying the price.

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