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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 20 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:
Home prices climb on back of growing demand and rate cut outlook
Falling interest rates have lifted demand to push home prices higher, recovering from a slowdown at the end of 2024, new Cotality research shows.
Rate cut buzz sparks rise in first home buyer activity
The interest rate easing cycle has helped increase lending to first home buyers, according to NAB.
Almost half of first property buyers regret their purchase
Nearly half of first home buyers have regretted their property purchase, most often due to overpaying, saving too little, or buying at auction, while single buyers struggle even more to enter the property ladder.
WA passes stamp duty legislation
Legislation to increase stamp duty exemptions and concessions for first home buyers has passed through the Western Australian Parliament.
Building industry calls for urgent help as productivity, supply dwindle
The nation’s peak construction industry body is demanding urgent action from the federal government as productivity plummets and the cost of building construction skyrockets.
Helia launches enhanced deposit estimator tool
A redesigned comparison tool has been launched to help brokers and lenders guide clients through complex deposit scenarios.
Peak body calls on government to attract investors back in Victoria’s rental market
Victoria’s peak real estate body has stressed the need for reforms to attract investors back to the state and increase confidence in the rental market.
Aussies in the dark on equity despite booming property market
Despite the booming property market and a surge in buyers, nearly half of Australians are financially illiterate, with property-related financial terms being the most misunderstood.
[Related: Hot Property: The biggest property headlines from the week 9–13 June]
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