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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 6 June.
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:
Rate cuts spark rise in housing values
The RBA’s decision to lower the cash rate in February has fuelled an increase in housing values, according to Cotality.
RBA signals cautious stance in face of global uncertainty
The latest RBA minutes show the central bank is favouring a cautious approach to interest rate policy amid heightened global uncertainty and market volatility.
Brokers using a smaller pool of lenders
The average number of lenders used by mortgage brokers fell to near-record lows in April 2025, new data from the Broker Pulse survey reveals.
Investor lending dominates loan book growth
The growth in investor lending at Australian banks is outpacing that of owner-occupier lending, according to new figures.
Land prices hit new high as sales slump to record low: HIA
Australia’s median residential land price hit a record $369,530 by 2024, as sales plunged to a two-decade low due to a shortage of development-ready land.
New home sales hit highest level in April
New home sales surged by 16.5 per cent in April, reaching a 12-month high, with Western Australia leading the charge.
Perth records $780k median house sale price amid decrease in supply
Perth’s property market continues to boom, with the city’s median house and unit sale prices rising in May, following strong demand and lower listings.
Melbourne leads monthly dwelling growth
National dwelling values have increased in May to a new record high of $809,000, up for the fifth consecutive month, while prospective buyers re-enter the market and expedite their purchasing decisions.
[Related: Hot Property: The biggest property headlines from the week 26–30 May]
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