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The Latest Breaking News from Eliza Owen

In Australia’s cost-of-living-crisis, even lawyers are forced to rely on food banks

One in five households earning $91,000 or more experienced food insecurity in the past 12 months, a report has found

The Guardian - AU

Cyclone-hit coastal town blows away house value gains

The housing market strongly rebounded in 2025 as interest rate cuts, easing inflation and limited supply fired up competition, the latest property data shows.

AAP

Dire housing affordability widening the wealth divide

An extraordinary rise in demand combined with constrained supply has created a boom in Australian home values and rents over the past five years.

AAP

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Australian households spend twice as much of income on mortgages than five years ago, report shows

Servicing a new mortgage eats up 45% of a median household’s pre-tax income, up from 26% in September 2020, the analysis reveals

The Guardian - AU

No smoking gun to link deposit scheme, home price spike

Lower-end homes outperformed the rest of the market in October, but it's difficult to directly connect it to the government's expanded deposit guarantee scheme.

AAP

Once Australia’s second priciest city, Melbourne has become more affordable. What happened – and will it last?

More homes and less property investor activity has seen Victoria’s capital rise up the affordability rankings

The Guardian - AU

It just got easier to buy your first home after Australia’s first home guarantee expanded

The guarantee slashes the deposit requirements for a loan, reducing the savings wait time for people earning enough to pay off a home loan

The Guardian - AU

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Rate cut run may be over as inflation raises concerns

Hopes for more rate cuts are fading after the Reserve Bank of Australia took a hawkish turn as it held interest rates steady in a widely-expected move.

AAP

Big homes, small families: the Aussie housing mismatch

Aussie couples without kids and people living alone make up the majority of households but property data reveals housing stock is built for bigger families.

AAP

Sydney and Toronto had equivalent home prices, then Canada’s crashed. Could Australia see a similar slump?

Canadian property prices fell by C$150,000 over three years as Australia’s rose by about A$85,000

The Guardian - AU

House price growth spurt shows no signs of easing

Further interest rate cuts on the horizon have stirred the nation's housing market with prices rising for a sixth straight month alongside demand.

AAP

Families paying premiums for school catchment zones

Homes within sought-after school catchments are selling for millions of dollars, but data shows this does not always lead to stronger capital growth.

AAP

Average home prices hit $1m with more growth to come

The average price of a home in Australia has hit $1 million after a decade of growth, though experts say a return to the explosive COVID-era boom is unlikely.

AAP

Mind the gap: $1 million homes driving up wealth divide

Home ownership rates continue to decline as more homes crack $1 million in value, making it harder for young Australians to keep up.

AAP

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AAP

Home owners reap windfall as buyers warned on new units

Home sellers notched a record profit in last three months of 2024 but not every property owner will be so lucky in the future, real estate researchers warn.

AAP

Persistent pay gap widens gender gulf in assets

The gender pay gap is leaving women with fewer properties and shares than men, says a survey indicating more than four in ten women have no such assets at all.

AAP

House prices expected to rise amid supply challenge

Housing will remain a key policy battlefield at the election with prices expected to continue increasing and efforts to boost supply lagging behind targets.

AAP

Downturn in house values as 'something's got to give'

Australia's two most populous cities have signalled the beginning of a property downturn amid widening gaps between income, borrowing capacity and home values.

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The Guardian - AU

Australia’s housing market ‘buckling’ under widening gap between income and home values, report finds

Housing prices fell by 0.1% in December but dip likely to be ‘shallow and short-lived’, according to CoreLogic

The Guardian - AU

Falling house prices and drop in Victorian rental numbers could mark rise of owner-occupiers

Buyers looking to move in could benefit from 6.5% drop in market since March 2022 as state claims largest share of first home buyer finance

AAP

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.

The Guardian - AU

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

Meet the forever renters: ‘Nobody wants to be in share housing when they’re in their late 70s’

After long careers and now expecting easier lives, a cohort of older Australians are instead struggling with housing affordability and security

AAP

State treasurer rattles tin for federal housing support

More federal government funding is needed to support housing, one state treasurer says as falling inflation opens the door for interest rate cuts.

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