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ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 7 February.
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.
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Here are the biggest property stories of the week:
Regional home values hit record highs: CoreLogic
Dwelling values across the nation were steady in January while rising to record highs across the combined regional areas, according to CoreLogic.
Approval boost not enough to meet housing target
Despite home building approval increasing by nearly 5 per cent in 2024, Australia still falls short of its national housing target.
Perth records $750k median house sale price amid increase to days on market
The city’s median house and unit sale prices have both risen, albeit with certain property types taking longer to sell in the multi-speed market.
REIA calls on government, opposition to address housing affordability
With the federal election fast approaching, the Real Estate Institute of Australia (REIA) has released a seven-point election commitment plan urging policymakers to address supply issues and improve affordability.
CBA to change lending rules to support prefab home buyers
The major bank has revealed it plans to make lending changes this quarter to support customers buying prefabricated homes.
NSW government proposes tougher rules to protect off-the-plan home buyers
The NSW government is considering reforms that could impose financial penalties on developers that fail to deliver homes or exploit buyers under off-the-plan contracts.
Industrial properties drive 2024’s commercial real estate
Industrial properties led the charge in the commercial real estate market in 2024, accounting for nearly 40 per cent of the transactions.
Uncovering agent’s top priorities for success in 2025
A recent CoreLogic report has incorporated insights from real estate personnel across the nation and determined that a data-driven approach must be on the mind of any agent looking to succeed in the new year.
[Related news: Hot Property: The biggest property headlines from the week 27–31 January]
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