Millennial Inheritance Expectations: A Property Market Game Changer?
A recent survey highlights a potential disconnect between the inheritance expectations of young Australians and the reality of intergenerational wealth transfer, raising important considerations for property professionals. Millennials anticipate inheriting around $525,000, significantly more than older generations expect to leave....
CBA Chief’s Stark Admission: Housing Has Created a Nation of Insiders and Outsiders
CBA Chief’s Housing Crisis Diagnosis. In a recent interview on ABC's The Business, Commonwealth Bank CEO Matt Comyn stated that while soaring property wealth is "great news for existing property owners," it's become incredibly "hard for younger Australians... to save...
Hunter Housing Boom: Rezoning Unleashes Thousands of New Dwellings
Broadmeadow Rezoning: A Major Opportunity for Hunter Property Professionals The NSW Government has finalised state-led rezoning for Broadmeadow, unlocking a significant urban renewal project in Greater Newcastle. This initiative, welcomed by the Property Council of Australia, paves the way for...
Affordable Housing Dries Up: Aussie Capitals Shed 24 Homes a Day
Ray White reports Australian capital cities are collectively losing a net 23 affordable homes daily (houses under $750,000), primarily driven by house losses, with Sydney and Brisbane leading the decline. This trend presents significant challenges for Australian property professionals. Agents...
Big Bank Predicts Brighter Outlook for Aussie Property as Rates Dip
ANZ has significantly revised its Australian property price growth forecasts upwards, projecting a 5% increase in combined capital city home prices by the end of 2025 and 5.8% by the end of 2026. This optimistic outlook, detailed in ANZ's Australian...
Australia’s 30,000-Home Deficit: Dissecting the Numbers Behind the Housing Shortfall
Editor’s Note: This is Part 1 of the APN Insight series, “The Anatomy of a Crisis.” The series was prompted by a viral video from MacroBusiness economist Leith van Onselen, which crystallised the scale of the nation’s housing shortfall. In...
