Australian Property

The latest ASIC data shows that the construction sector leads the nation’s insolvencies, with 2,795 firms going under so far this financial year, representing a 24% increase on 2024.

Last month, Ben Phillips from ANU’s Centre for Social Research published a spurious analysis claiming that “lower migration wont ‘free up housing’”, because “as population increases dwelling numbers also increase”, and “with fewer migrants we’d also have fewer dwellings”.

State and federal government plans to plaster our cities with high-rise apartments will not improve Australian housing affordability and will ultimately degrade liveability.

Australian dwelling prices have tracked sideways recently after experiencing a bounce following the 0.25% interest rate cut by the Reserve Bank of Australia (RBA) in February.

The bulls are rushing Australia’s property market. The Reserve Bank of Australia (RBA) is forecast to cut the official cash rate by 1.0% by the end of 2025, taking it to 3.10%.

I have frequently cautioned that state and federal government plans to blanket our cities with high-rise apartments will not help Australian housing affordability and will reduce livability.

Australia is experiencing a housing crisis because its home prices are among the highest in the world compared to incomes, we have some of the most indebted households in the world, and tenants are paying a record share of their income on rent.

Real estate agents noted that there has been a marked increase in the number of homes listed for sale in the last week alongside buyer queries.

The taxpayer-funded ABC has become one of Australia’s leading propagandists for Big Australia immigration and a high-density future.

On Tuesday, the Australian Bureau of Statistics (ABS) released dwelling approvals data for March, which recorded an 8.8% monthly fall to 15,220 approvals.

The following graphic from CoreLogic shows Australia’s housing affordability was the worst on record at the end of 2024.

Westpac published the following chart showing that the average minimum mortgage repayment has surged since 2022. “Over the two years to January 2024, the average minimum repayment increased by 42.2%, or about $754, while average incomes grew just 8.5% (or $641)”, Westpac noted.

Exorbitant lot prices are a significant factor against new home sales and construction. Consider the following charts taken primarily from the 2025 Urban Development Institute of Australia (UDIA) State of the Land Report.

The latest rental affordability report from PropTrack revealed that at the end of 2024, Australian households could afford to rent the smallest share of advertised rentals since at least 2008, when records began.

The ABC this week published an article explaining how the Australian Greens have rebranded into the “party of renters”.

The total value of Australia’s housing stock was $11.3 trillion as of March 31, 2025, according to CoreLogic, with the average home worth exactly $1 million.

Billionaire Meriton founder ‘Highrise’ Harry Triguboff is the master of manipulation.

According to CoreLogic’s April home value index, Melbourne is the nation’s cheapest major capital city property market. Melbourne’s median dwelling value was $786,158 at the end of April 2025, $119,605 (13% lower) than the national capital city median.

The Australian Bureau of Statistics (ABS) Q1 CPI release revealed that housing inflation is slowing rapidly, contributing to lower trimmed mean inflation.

CoreLogic’s daily dwelling values index, which tracks value growth across the five major capital cities, recorded stalling momentum in April.

CoreLogic has released the following snapshot of housing affordability across Australia, broken down by four metrics.

Australia’s residential property market vacancy rates are still near a record low of only 1%. The Australian Greens announced that abolishing negative gearing and the capital gains tax (CGT) discount would be a priority in a minority government.