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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 21 March.
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 property stories of the week:
Demand for refinancing jumps as borrowers seek better deals
More borrowers are refinancing their mortgages now that rates have started to drop, with lenders offering increasingly competitive rates.
Property prices continue to increase in Australia
The Australian property market has seen a modest price increase over the 2024 December quarter, with Adelaide recording the highest growth nationwide.
Australian resellers made a record $306k of profit in Q4 2024
While Australians notched a new record median profit for reselling property in the last quarter of 2024, houses recorded higher profits as resellers saw units in Sydney and Melbourne driving up losses.
Record housing resale returns amid high prices and tight supply
Stubbornly high house prices and a supply shortfall have led to record-high profitability and returns for home sellers, CoreLogic research has found.
Australia to fall short by half a million homes behind 2029 target
Australia’s housing supply is set to deepen if the country continues to fall behind its housing target, while making the target could save renters and future buyers thousands of dollars.
Migration to regional areas fuels rising house prices
Regional home prices have increased nearly twice as fast as capital cities between mid-2020 and 2022, as more city dwellers relocated to the regions in search of affordability and better living conditions.
Rate Money launches commercial property loans
Self-employed specialist Rate Money has expanded its service offering to include commercial property finance.
Brokers slam BOQ Group for not passing rate cut to all customers
BOQ Group has come under fire from brokers after some of the banking brands under the group failed to pass on the February rate cut.
[Related: Hot Property: The biggest property headlines from the week 10–14 March]
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