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Hot Property: The biggest property headlines from the week 5–9 May

7 minute read

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 9 May.

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:

Housing affordability fears add to mounting financial stress

 
 

Housing affordability has ranked third among the top issues Australians want politicians to address, according to NAB.

Race to refinance drives up mortgage demand

Larger mortgages of over $1 million are exhibiting “unprecedented repayment strain”, according to Equifax, driving more refinancing.

Price growth: Adelaide claims top spot as Melbourne rebounds

Adelaide and Melbourne drove April’s national home price surge, pushing values to a new peak, while regional South Australia and Queensland recorded the highest growth across regional markets.

Dwelling approvals surge by 20% over the March quarter

Dwelling approvals across the country increased by 20.8 per cent in the first quarter of 2025, boosting supply but still falling short of the national housing target.

Expect RBA to act ‘pre-emptively’ to counter global risks: NAB

Domestic economic factors, coupled with the impact of trade tariffs, mean the RBA can afford to move more quickly in easing interest rates, according to a NAB economist.

Outer suburban markets surge for annual value growth

Outer suburban housing markets have outpaced their inner-city counterparts for annual price growth, following worsening affordability.

Aussie brokers to feature on House Hunters Australia this Sunday

Mortgage brokers from Aussie will offer expert advice to aspiring home buyers on TV when House Hunters Australia premieres later this week.

Outer suburbs drive Perth housing boom as city hits $775k

Dwelling prices in Perth have continued to rise in April, up 20 per cent year on year, with suburbs in the greater region recording the bulk of the increase.

[Related: Hot Property: The biggest property headlines from the week 28 April–2 May]

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AUTHOR

Ben Squires is a commercial content writer at mortgage broking title, The Adviser.

He primarily works with clients to deliver promoted and sponsored content – both in print and online – and also writes news and features on the Australian broking industry.

As an experienced writer and journalist, Ben can write across different mediums but specialises in commercial content that meets client objectives.

Before joining The Adviser in 2024, Ben was a commercial content editor at News Corp, writing for several titles including The Australian, Escape, GQ and news.com.au.

He’s interested in writing about anything related to finance and technology.

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