PropertyMash Research

House prices have risen 500% over the last 25 years

Australian housing prices have grown by more than 500 per cent during the past 25 years. Housing prices spiked by 25 per cent in the past five years, from a median of $683,000 to $825,000,...

Cities finally outperforming regional areas again

For the first time in more than a year house prices in cities outperformed regional areas in much of Australia. Dwelling values increased 2.8 per cent in March, the fastest appreciation rate since 1988, according...

Greater Hobart doubles dwelling density

Housing density in greater Hobart will double and commercial precincts are projected to grow, according to the latest precinct plans released by local councils. The Greater Glenorchy plan is the first of four metropolitan council...

HomeBuilder grant putting pressure on construction costs

Housing construction costs rose over by 1 per cent across the final quarter of 2020 as the industry grapples with historic building approval highs triggered by federal and state government incentives. According to Cordell, construction...

Westpac forecasting 20% house price growth

In a startling move away from the depressed views in 2020, Westpac is now forecasting 20 per cent gains in the housing market over the next two years. In a report released Monday, the banking...

Westpac: QLD about to begin a property boom

Queensland is booming, according to Westpac’s Housing Pulse Report. Senior economist Matthew Hassan said the state’s markets were now very tight with “sales running well ahead of listings and extremely tight rental vacancy rates in...

Housing construction continues to break records

Housing construction is expected to hit a record high in 2021, however there are some concerns that the coming boom may quickly end. The Housing Industry Association (HIA) has forecast construction on 130,000 detached homes...

15,000 new homes could be coming to Geelong

A group of landowners have announced a partnership with Victoria-based Newland Developers for its 1,000+ hectare site in Geelong's northern suburbs. The project, according it the initial marketing materials, is being touted as "one of...

The second Star tower helps drive further confidence in QLD economy

The Star Entertainment Group has broken ground on the second tower at its $2 billion masterplanned site at Broadbeach on the Gold Coast. The new 63-storey tower will sit on the south east corner of...

RBNZ: NZ economy unable to sustain high house prices

New Zealand’s central bank will reinstate mortgage lending restrictions next month, with further restrictions to come for property investors, in a bid to curb the nation's surging house prices. The Reserve Bank of New Zealand...