The PropTrack Home Price Index shows national home prices have cycled through 16 months of consecutive growth after lifting 0.23% to hit a new record in April. Prices are now 6.60% above April 2023 levels. Strong population growth, tight rental markets, low unemployment, and home equity gains are stimulating housing demand. Meanwhile, the supply side.

Japanese investment in Australian real estate surged last year to a record $2 billion as this country’s housing crisis draws a new wave of investors wanting to put their capital and skills to work. Of the 53 deals in various sectors involving Japanese investors last year, 13 were property transactions – up from six a.

Adelaide’s median property price has soared to a new record that’s nearly $86,000 higher than the figure at this time last year. Adelaide home prices are almost $86,000 higher than they were this time last year following another month of steady growth. Latest PropTrack figures, released on Monday, reveal the city’s median property price climbed.

Capital City Auction Statistics (Preliminary) The preliminary auction clearance rate held above the 70% mark, coming in at 71.1% across the combined capitals, but down 1.2 percentage points from the previous week’s preliminary clearance rate (72.3% which revised down to 65.8% on the final results). In fact, this was the lowest preliminary clearance rate so far.