Industry Body: ABS

232 posts

The Australian Bureau of Statistics

International migration fuels perth real estate boom school zones

Perth property prices fueled by growing population and school zones identified as property hotspots

Prices rose by over 23% in some suburbs.
Value of Australian homes rising.

Australian house prices tango with $10 trillion again in the June 2023 quarter

ABS’ latest data shows that the total value of residential dwellings in the June quarter has risen across all states.
Australian auction market records its strongest run of clearance rates in two years

Auction market records its strongest run of clearance rates in two years

Adelaide was the stand-out performer among the capitals, recording a third month of clearance rates above 70%.
August housing market Recovery accelerates as Australia's home values rise by 08

Australia’s august housing market records yet another price rise as spring arrives

In August, Australia’s housing market continued its upward trajectory, with a 0.8% increase in home values.
australian rental market predicted to slow in 2024

Australia’s rental market forecast to slow in 2024: Three reasons why

Key changes in the economy are expected to be two of the factors behind slowing rental growth.
Mortgage stress Australia

Australians at risk of mortgage stress hits new record high

Nearly 1.5 million borrowers are now feeling the pinch.
Most areas of Australia fail to grow home values annually.

Australian property prices are 3.4% lower than last year

While the pace of growth slows, WA and SA remain the stand out performers.
Prices are set to grow eight per cent in the latest Perth property market predictions

Perth house prices forecast to grow by 8% next year, and population set to grow

WA’s population growth outpaced national growth, up 2.3% compared to 1.9%, nationally.
refinancing levels down but still better than last year

Refinancing drops in June, but remains well above 2022 levels

The latest ABS lending indicators found refinancing was 12.6% higher than a year ago.
australian building approvals fall again in june 2023

Australian building approvals: Down 7.7% for June 2023

Industry is concerned for the rental market, as higher density approvals slumped by over 20%.

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