
Australians think these 3 cities are 2024's hottest housing markets
Property experts expect housing values to rise nationally by at least 5% this year, but hearing it from ordinary Australians, too, just hits differently.

Property experts expect housing values to rise nationally by at least 5% this year, but hearing it from ordinary Australians, too, just hits differently.

Domain’s latest home auction report suggests there’s positive momentum before the usually busy autumn selling season, driven by growing seller confidence.

Internal migration to regional Australia increased by 4.6 per cent over the last three months — its highest level since the September 2022 quarter and 14 percent above the pre-Covid average.

Below are a few highlights from the latest Westpac Housing Pulse report, which offers a quick view of the property market, prices, home loan interest rates and general trends.

It’s true that in the big cities, median property prices are very high and the home loan required for such properties is a sizable ask.

Mortgage stress among Aussies increased in January to a record high of more than 1.6 million, says Roy Morgan.

Finding the right home loan takes time. And so it should. It’s a big commitment to buy a home.

Owning a home in Australia remains an aspiration for many - the Great Australian Dream is still a dream.

On most homes in Australia you’re required to put down a deposit, typically around 20% of the property’s value.

Look, it’s no secret that renters are doing it tough. The average rent in Australia has catapulted to just shy of $600 a week. (In cities like Sydney, it’s more like $750).