The Gold Coast has just made history in the property market. For the first time, its median house price has climbed higher than Brisbane’s, signaling a major shift in buyer demand. Lifestyle locations are becoming the new hot spots for growth.
Building Approvals Fall, Heightening Supply Worries
Approvals for new homes, especially apartments and other higher-density dwellings, have declined in recent months. This drop intensifies fears that Australia is falling further behind its housing goals.
Adelaide First-Timers Door-Knock for a Home Under $500k
In regional Victoria, a couple with limited budget found creative ways to buy their first home. They searched off-market properties and renovated a fixer-upper themselves to meet housing affordability realities.
Australia’s housing values have now risen for six months straight, though growth remains modest. Tight supply and affordability pressures are shaping how and where this growth happens.
