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The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 7 June.
Welcome back to The Adviser’s weekly round-up of headline stories and news that are important not only for the real estate sector but also for the state of Australian property more broadly.
To compile this list, not only do we consider the week’s most-read stories and the news that matter most to you, but we also curate it to include stories from our sister brands that also have an impact on the Australian property landscape.
Here are the biggest stories of the week:
‘Concerning’ number of Australians not seeking financial support: ASIC
New research has found that Australians are opting for other methods to meet debt repayments instead of reaching out for financial assistance.
1 in 8 mortgage holders have missed repayments: Survey
New research has found a “worrying” number of home owners struggling to meet their mortgage repayments.
Owner-occupiers dominate established housing markets
Owner-occupier market share remained heightened during the March quarter, a major bank’s report has found.
Australian home prices hit a new record
The latest figures show that home prices climbed to a fresh peak in May 2024, with the month recording a 0.3 per cent increase nationally.
Regional relocation reignited: Why Millennials are leading the charge
Internal migration across the nation has soared in the first three months of the year, according to the latest Regional Movers Index.
Energy efficiency mandates proposed for Victorian rentals
The Real Estate Institute of Victoria (REIV) will participate in the consultation in hopes of ensuring any new regulations don’t push investors out of the market.
Brisbane takes over as Australia’s second-most expensive city
The Queensland capital has beat Canberra and Melbourne for the second-highest median dwelling value, a position it has not held since 1997.
[RELATED: Hot Property: The biggest property headlines from week 27-31 May]
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