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Hot or not? Where property markets are heating up and cooling down

Price growth has reignited in some markets after years of stagnation, but in other parts of the country the heat is coming out. Interest-rate cuts have sparked renewed price growth across Australia, and some previously unloved property markets are now taking centre stage. High interest rates for the past few years have put increased focus on Australia’s more affordable capitals and regions, where...

Average home prices hit $1m with more growth to come

Australia's property market continues to strengthen and gain momentum as the value of the average home soars past the $1 million mark for the first time. The national mean dwelling price reached $1,002,500 in the March quarter, a 0.7 per cent increase from the previous three months, according to Australian Bureau of Statistics figures released on Tuesday. The Real Estate Institute of Australia...

First look inside new Sydney airport

Construction at the new Western Sydney International Airport has finished. Images of the government-owned airport, with just a few travellers wandering through, were released on Wednesday. Anthony Albanese is scheduled to cut the ribbon today, ahead of trial flights in the coming months and the $5.3bn airport becoming fully operational in late-2026. First look inside new Sydney airport First...

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