Australian Property

The Albanese government continues to import people into Australia at a rapid pace, with 40,400 net permanent and long-term (NPLT) arrivals in March, the second-highest March total on record, after 2023 (44,580).

The latest data from Cotality shows that home prices across the major capital city markets continue to lose steam.

You know you’ve failed to address intergenerational inequality when the Vampire Squid condemns your policy changes.

Following the COVID-19 pandemic, Australia’s construction sector experienced a surge in insolvencies, as demonstrated below by Justin Fabo from Antipodean Macro: Fixed-price contracts collided with skyrocketing material and labour costs, supply chain delays, rising interest rates, and weakening cash flow, fueling Australia’s post-pandemic building insolvency tsunami.

The world’s most guiltless Treasurer is going to do something.

With the Albanese government’s proposed changes to negative gearing and the capital gains tax discount dominating headlines, tales of a property investor exodus pre-dating even the leaks of the changes have emerged.

According to Cotality, Sydney and Melbourne, Australia’s two largest housing markets, are locked in correction mode and have experienced several months of declining values.

The Productivity Commission (PC) has released a note arguing that Australia’s intergenerational bargain is breaking down, with younger Australians experiencing stagnant incomes, worsening housing affordability, and declining access to home ownership.

Stephen Johnson from The Nightly argues that Melbourne housing is at “bargain prices”.

The National Housing Supply and Affordability Council’s (NHSAC) 2026 State of the Housing System report was released last week.

Australia’s housing market is on the verge of a national price correction following 0.75% of interest rate hikes from the Reserve Bank of Australia (RBA), stretched housing affordability, and weakening economic conditions.

Housing ‘FOMO’ [the ‘fear of missing out’] has been a defining feature of Australia’s recent housing price boom.

Small one and two-bedroom apartments served as the foundation for the high-rise construction boom of the previous decade.

Australia’s dwelling values surged by 14% over the past two years, according to Proptrack, although they declined by 0.1% in April.

Brisbane home prices have experienced an incredible rise since the beginning of the COVID-19 pandemic.

As explained last week, the latest forecasts from the National Housing Supply and Affordability Council’s (NHSAC) 2026 State of the Housing System report, released last week, are utterly delusional.

Regrettably, you can add the National Housing Supply and Affordability Council (NHSAC) to the long list of federal government agencies that have been politicised and compromised.

Cotality’s housing results for April warned that Australia’s rental crisis continues to worsen.

Australian property prices appear to have reached a turning point, with national values recording their first decline of the year in April, according to PropTrack.

When the final sunrise dawned on the last day of the second millennium, Australia was riding high, living standards were rising strongly, mortgage rates had been cut by almost two-thirds from their peak, and the median home nationally was affordable for the median-earning household.

Cotality’s daily dwelling values index for 30 April shows that home values across the five major capital city markets rose by only 0.2% over the month, with sharp falls of 0.6% in Sydney and Melbourne offsetting still strong growth in Perth (2.1%), Brisbane (1.2%), and Adelaide (1.1%).

The interest rate futures market has priced an official cash rate of 4.75% by the end of 2026. This implies that the Reserve Bank of Australia (RBA) will deliver at least two, and possibly three, more interest rate hikes this calendar year.

According to media reports, the upcoming federal budget will change the capital gains tax (CGT) from its current 50% discount on nominal gains to the pre-1999 method of taxing 100% of real, inflation-adjusted gains.

Australian house prices have grown strongly for nearly 30 years, save for a few minor hiccups along the way.