Stamp duty is costing homebuyers up to six times more than it did a generation ago, with home prices outpacing pay packets over the past four decades. PropTrack Senior Economist Angus Moore reveals how much stamp duty costs have climbed for Aussie homeowners.
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PropTrack economist Anne Flaherty reveals the trends behind this year’s Hot 100 suburbs list, and why they’re worth considering for your next purchase.
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The 2024 edition of realestate.com.au’s Hot 100 suburbs list has been unveiled, and there’s a lot to unpack – so here’s a rundown of the numbers you need to know.
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Discover the hottest real estate prospects in Australia for 2024!
Whether you’re a buyer, investor, upgrader, or downsizer, this definitive guide has got you covered.
With access to the most comprehensive property data and expert insights, the Hot 100 is the list of the suburbs with the best prospects for 2024 and beyond.
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Housing affordability is now at its worst level in at least three decades, according to the PropTrack Housing Affordability Index – a new comprehensive measure of the share of homes that households can afford to purchase across the whole income distribution.
Affordability is toughest in New South Wales, Tasmania and Victoria. This deterioration in affordability has been driven by a dramatic rise in
mortgage rates, combined with rising home prices over recent years.
At the same time, sharply higher price growth throughout the pandemic has meant housing accessibility — how long it takes new buyers to save a deposit — remains incredibly challenging.
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Selling conditions have cooled down, and that means that homes are taking longer to sell than they used to. So how long should you expect it to take in the current market?
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With a lot of uncertainty in the property market right now, it might be difficult to separate fact and fiction. Melbourne-based real estate agent Andrew McCann from Jellis Craig gives you the rundown on what’s really happening and what you need to know.
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Realestate.com.au’s Hot 100 list has people talking, and for good reason. This groundbreaking list is the first of its kind, showcasing the top 100 suburbs in Australia with the most potential in 2023.
From bustling cities to quaint coastal towns, this list has it all, and the numbers don’t lie. These suburbs have been carefully selected based on a range of factors, including search activity, price growth, and days on market, providing a comprehensive snapshot of the most in-demand and exciting areas to buy and sell property in 2023.
The Hot 100 is a game-changer for the real estate industry, providing buyers, sellers and investors with invaluable insights into the market and what the future holds. It’s a must-watch for anyone who is serious about real estate, and who wants to stay ahead of the curve in this rapidly evolving industry.
Whether you’re looking for your dream home, or you’re an investor on the hunt for the next big thing, Realestate.com.au’s Hot 100 is the ultimate guide to the suburbs that are redefining real estate in Australia.
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Following strong housing market conditions during 2020 and 2021, 2022 has been a tumultuous year for the housing market. Interest rates have risen rapidly, resulting in price falls and a reduction in sales volumes.
While prices for properties for sale have fallen, rental prices have grown on the back of escalating demand from overseas migration and fewer first-home buyers. The insufficient supply of rental stock has afforded landlords the scope to lift rents.
With market conditions changing so rapidly, what are the most pressing issues for the housing market in 2023?
0.00 State of the current market
0.15 Areas that are likely to see price falls
0.44 Areas that might show more strength
1.03 Global factors influencing the market
1.21 Buying in 2023
1.47 Selling in 2023
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The inaugural realestate.com.au Hot 100 has been released, identifying the suburbs around Australia with the best real estate prospects in 2023.
Compiled from the insights of a panel of industry experts – including the head of a major agency group, buyer’s agents, researchers, and an academic – and complemented by PropTrack data and economic analysis, the exhaustive list is an independent overview of future growth drivers.
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