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The Latest Breaking News from Tim Lawless

Home prices have fallen but one ACT suburb has seen 20pc growth

Where home values have risen during two years of rate rises.

The Canberra Times

Why Melbourne Is The Only Capital City Where House Prices Have Actually Dropped In 2024

Melbourne is the only city that has seen house prices drop since the start of the year, as Australia grapples with a fifth month of record high prices.

Pedestrian.tv

Home values jump $12k despite rate hikes

Homes values have continued their march upwards despite rate hikes with the latest data revealed on Tuesday.

AAP

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Australian house prices hit record high for fifth consecutive month

CoreLogic data shows prices rose 0.6% in March while separate index from PropTrack produces similar results

The Guardian - AU

Rate peak to buoy confidence and possibly home prices

Growing confidence that interest rates are going no higher and cuts may start later this year could improve consumer sentiment and home-buying activity.

AAP

Most expensive homes lead price growth in Newcastle and Lake Macquarie

The report analysed home value growth over the last quarter.

Newcastle Herald

House prices surge in years since pandemic

House prices have risen by more than 30 per cent across Australia in the four years since the outbreak of COVID-19, a report has revealed.

AAP

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$2 million waterfront two-bedder reflects rise of Lake Macquarie home prices

Lake Macquarie recorded the highest dwelling value growth in the Hunter.

Newcastle Herald

Rent prices dropped last month - is relief coming?

The median Canberra dwelling - house or unit - is $840K.

The Canberra Times

Home price growth gathers pace as confidence returns

Property prices in Perth, Adelaide and Brisbane still grew the fastest in January but Melbourne and Sydney also had a more convincing month.

AAP

Affordability woes could fuel demand for unit living

Land values, a scarcity factor and the need for more space during COVID-19 lockdowns have turned the gap between house and unit prices into a chasm.

AAP

Newcastle home prices up just 0.1 per cent in January

'It is pretty clear some momentum has come out of the marketplace'.

Newcastle Herald

Australia’s property market upswing continues as house prices and rents rise again

Home values rose 0.4% in January and rents increased 0.8% but the housing market remained varied around the country

The Guardian - AU

Port Stephens tops NSW list for huge house price growth since COVID

Shoal Bay prices have risen by 70.9 per cent since 2020.

Newcastle Herald

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AAP

Sea changers flock to more affordable coastal towns

Home buyers moving to the seaside are looking to buy for well under $1 million, with affordable coastal markets in Western Australia booming.

The Canberra Times

Slight dip in Canberra property values to end mostly flat year

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

AAP

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.

The Guardian - AU

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

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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.

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

The Guardian - AU

Australian property market may soon cool as rate hikes shrink borrowing capacity

Surge in population and faltering supply of new housing had held up Australia’s property market, but rising interest rates expected to cool prices

Newcastle Herald

'It is definitely slowing down': Newcastle house values up but growth slows

The median house value in Newcastle and Lake Macquarie is $863,276.

AAP

Housing rebound eyes new mark but rates threat looms

National home prices are about to hit a fresh peak in October, though the pace of growth is starting to slow.

The Canberra Times

Good news for Canberra house buyers

House values in the ACT are growing at a much slower pace than other capitals.

The Guardian - AU

Economists split over chance of August rate rise as Australian property price rebound slows

Analysts differ over whether Reserve Bank will raise the cash rate another 25 basis points in the 13th increase since May 2022

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