Rowan Crosby

192 posts
Rowan Crosby is a business journalist specialising in finance, economics and real estate.
australian house prices recover

Australian house prices recoup 50% of the 2022 losses

The recovery in property prices is in full swing, with values surging back, led by Sydney which clawed back two-thirds of its declines.
rental pressures are still weighing on tenants

Rental supply remains tight in the capital cities, but is improving in regional Australia

The vacancy rate has eased slightly in the past three months, but it hasn’t been enough to stop rents rising across the country.
australian rental market sees almost all suburbs increase costs

Australian rental market: Over 90% of suburbs hit by rent increases

Tenants continue to get hit by higher rents, with some suburbs seeing rents increase by 30% in the past year.
australian auctions in july did very well

‘Plenty of buyer interest’ as auction clearance rates hold above 70%

Auction clearance rates have been drifting lower, but there are still plenty of eager buyers buoyed by rising prices.
Holiday homes are seeing price declines

Beachside houses left high and dry as suburbs drop out of the $3 million club

Holiday towns have seen prices plunge by up to $700,000 with WA’s Eagle Bay the hardest hit.

Perth property prices supported by a growing population

Perth property has defied the RBA and is pushing higher, while there are signs rental markets are easing, according to REIWA.
QLD renters are getting squeezed

Queensland rental market hardest hit by rental price hikes

Rents are rising and eating into incomes the most in QLD, SA and NSW.

Perth, Adelaide, and Hobart have the ‘strongest market pulses’

Rising transactions coupled with tight supply is making the smaller capital cities attractive options for investors.

Auction activity is slowing but that’s not stopping buyers

Buyers are favouring turn-key options due to long build times and rising costs

Sublease space in Brisbane, Perth and Adelaide seeing strong demand

Limited exposure to finance and technology companies in Brisbane, Adelaide, and Perth is contributing to an uptick in subleasing activity.