Sydney, Melbourne, Hobart climb Knight Frank global price-growth index
Knight Frank has released its latest Global Residential Cities Index: Sydney is up from 30th place to 23rd, Melbourne is up from 28th to 24th, and Hobart has rocketed from 77th position to 34th.
Pace of decline in Perth property prices steadied in June quarter
Though 54% of sellers had to lower their asking price in the three months to June, the size of the discount has levelled out at 6.5%, preventing the median price from falling futher.
2016 Census: what does it tell us about housing in Australia?
The data in the 2016 census confirms trends we already know about: the population is growing strongly, fewer people own their homes, more people are renting, and household size is shrinking.
Waterloo in NSW, inner-city Melbourne, and Fortitude Valley in Queensland are higher risk areas to buy off-the-plan apartments, according to new research from Risk Wise Property.