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THE TRUTH ABOUT: 5 - Caught on Camera

National property price rebound gathering pace despite interest rate rises, with Sydney leading the recovery

National house prices lifted sharply in May, according to data from CoreLogic. Sydney continues to lead the recovery, with rises across the capital cities, as the number of properties advertised for sale fell further.

ABC News

FOMO linked to surprise rebound in property prices

A fear of missing out (FOMO) is now creeping into the housing market as buyers navigate a surprise rebound in property prices.

The New Daily

Housing prices gain pace as auction listings increase across Australia’s capital cities

CoreLogic researcher Tim Lawless says current spike in migration countering effect of Reserve Bank’s rate hike earlier this month

The Guardian - AU

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Reality bites for thousands of Australians living in housing stress

A charity-run housing estate will raise rental prices by 10 per cent – which residents like Sylvia Massara will struggle to afford.

ABC News

‘Whiplash’: Mortgage bills to rise again as Reserve Bank signals inflation battle isn’t over yet

The Reserve Bank has resumed heaping pain onto Australian home owners, raising interest rates in May for the eleventh time in a year.

The New Daily

House values on the rise in Newcastle and Lake Macquarie

The median house value in Newcastle and Lake Macquarie is $825,322.

Newcastle Herald

Home values rise as housing market downturn wanes

Residential property values are slowly increasing for the first time in nearly a year, marking an end to the nation's housing market downturn, experts

The New Daily

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End of the fall? Canberra property prices stabilise in April

Home prices stopped falling in April, apartment prices rose.

The Canberra Times

House prices rise for the second month in a row as rents keep rising due to low vacancy rates

CoreLogic data shows Australian property prices have risen for the second consecutive month, suggesting a downturn in the housing market is coming to an end as interest rates stabilise.

ABC News

Housing values in some wealthy Australian suburbs have slumped more than a quarter, data reveals

Affluent areas of capital cities ‘lead both the upswing and the downturn’, according to property data expert

The Guardian - AU

Why Sydney property prices could be about to rise again

The RBA's decision to keep the cash rate at 3.6 per cent will have an immediate impact on the nation's most expensive housing market, according to one expert, who's expecting buyers, and sellers, in Sydney to spring into action.

ABC News

A typical income equals mortgage stress as property prices rebound

Australians earning average incomes are now unable to afford houses in capital cities without immediately being thrown into mortgage stress.

The New Daily

Oil prices surge after OPEC+ surprises the market with supply cuts, ASX rises to three-week high

Australian shares rise to their highest level in three weeks, while oil prices surge after a surprise decision by Saudi Arabia and OPEC nations to cut production by more than 1 million barrels per day, and Scott's Refrigerated Logistics is now in liquidation.

ABC News

Migration, high rents put brakes on sliding home prices

Home prices have ticked up after tracking lower for 10 straight months, with high rents and migration both helping to arrest the slide.

The New Daily

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Newcastle Herald

Newcastle house values record growth for second consecutive month

The median house value in Newcastle and Lake Macquarie is $822,693.

AAP

New houses drive uptick in dwelling approvals

Sign-off on private sector dwellings has lifted modestly and home prices appear to have found a floor - at least for the moment.

ABC News

House prices rise for the first time in 11 months in March, while chronic rental shortage continues

Property prices are climbing nationally for the first time since interest rates started rising, according to CoreLogic, but rents are still surging in major capital cities as a federal report finds 46,500 households are experiencing homelessness.

The Canberra Times

Canberra home price lag defies national uptick

Not all capitals recorded an increase in values.

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The Canberra Times

How your suburb's property values have changed since COVID-19

Use our interactive map to view your suburb.

Newcastle Herald

Newcastle and Lake Macquarie set for busy weekend of auctions

There are 44 auctions scheduled across Newcastle and Lake Macquarie this week.

Newcastle Herald

Listings tumble but opportunity knocking

This week is typically considered one of the peak times for property listings.

ABC News

Developer ALAND lobbies council to expand Parramatta's boundaries to include its Harris Park apartments

A developer is lobbying to officially change the boundary between two western Sydney suburbs to offer potential buyers a more sought-after — and expensive — address.

The New Daily

Property prices rise: Is it a turning point, or the eye of the storm?

Property prices across Australia’s three largest capitals inched up over the first half of March in a sign positive momentum is building.

ABC News

Australia records largest drop in house and unit values within one year, CoreLogic data shows

Australia records its largest decline in house and unit values, according to CoreLogic data, with a drop of 7.9 per cent in a year.

ABC News

House price falls ease in February with Sydney posting a rise as real estate listings dry up

A lack of properties for sale and the first rise in Sydney home prices in more than a year stabilise real estate values across the nation. But for how long?

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