Australian Property

Perth’s housing market has experienced one of the nation’s biggest price booms since the beginning of the Covid-19 pandemic, with dwelling values soaring by 102% since March 2020, according to PropTrack: Despite the surge in values, Perth’s housing market remains relatively affordable compared to the other major capital cities.

Australia is the world’s leader in creating products and policies that load households with debt.

The Australian Bureau of Statistics (ABS) has released its annual national accounts for the 2024-25 financial year, which includes extensive data on land values.

God knows why.

Abul Rizvi’s forecast that Australia’s net overseas migration (NOM) will track around 300,000 under current immigration policies, 15% higher than the Treasury’s forecast, confirms that the rental crisis will persist.

Preliminary data from Cotality shows that Sydney’s residential auction clearance rate fell to 68.2% in the week to Saturday, which was the lowest since the week ending 8 June and was the first time the preliminary clearance rate has been below the 70% mark in 21 weeks.

Late last week, The AFR published two articles by the same author on the same day that neatly encapsulated Australia’s housing farce.

The Albanese government launched its 5% deposit scheme for first-home buyers at the start of the month.

Domain has published its home price figures for the September quarter, which show that the median house price in Sydney reached a record high of $1,751,728 following a 6.3% annual increase.

Cotality’s latest chart pack reported that the value of Australia’s residential housing stock has risen to $11.8 trillion spread across 11.4 million dwellings.

Last week’s dwelling construction data was an absolute disaster. In the June quarter of 2025, only 40,524 homes completed construction, which was the weakest quarter of dwelling completions for 11 years (i.e., since the March quarter of 2014).

Last week’s dwelling completions data from the Australian Bureau of Statistics (ABS) showed that in 2024-25, the Albanese government fell 65,970 (27%) behind the National Housing Accord’s target, which requires 240,000 homes to be built annually for five consecutive years.

In September 2023, just as Australia’s net overseas migration was hitting its highest level in history (i.e., 556,000), NSW Premier Chris Minns told ABC’s 7.30 Report that he supported record immigration levels, claiming that more migrants were needed to build houses and apartments in the state.

Australia’s auction market performed solidly again over the weekend, despite a high number of listings.

Earlier this month, I reported that investor demand appears to be surging, helping to drive up home prices.

As we know, Albo is the Manchurian Candidate, fed by Sinophiles in his party to the point of nausea.

This week, I was interviewed by Steve Austin at ABC Radio Brisbane, where I was quizzed on why policymakers continually implement self-defeating policies that make housing more expensive.

The Australian Bureau of Statistics (ABS) released dwelling construction data for the June quarter of 2025, which suggested that Australia’s housing shortage has worsened.

Cotality’s rental data continues to deteriorate.

The Guardian’s Luca Ittimani asks why state and local government plans to convert empty office buildings into apartments to ease the housing crisis have not come to fruition: Momentum to create homes out of empty offices has faded even as office vacancies rise and housing shortages intensify.

Australians are consistently ranked among the wealthiest people on earth.

The latest batch of rental data from Cotality and SQM Research suggests that Australia’s rental market has tightened.

Domain reported that the cost of renting a median Sydney home hit a record high in September. As illustrated below, the median weekly Sydney house rent was $780 in the September quarter of 2025, up $240 (44%) from $540 in the September quarter of 2020.