ISCOVER
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 18 July.
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:
WA and Qld average mortgage size continues to rise: AFG
The average mortgage size lodged by AFG brokers continues to rise, but the increase varies across states.
Aussie doubles down on its evolution in new campaign
The iconic brokerage brand has launched a national marketing campaign as part of the repositioning of the 33-year-old business.
Rising construction costs raise doubts around national housing target
Continued cost blowouts in the construction sector are set to further undermine the feasibility of the government’s national target of 1.2 million new homes by 2029.
Revealed: Pre-approved designs key to Minns’ 10-day housing approval plan
The Minns government has unveiled a sweeping shake-up of the state’s housing approvals process, releasing a suite of architect-designed homes that can be fast-tracked through the planning system within 10 days.
Mortgage lodgements hit record high at AFG
AFG brokers lodged a record $27 billion in home loans in the June quarter, a new quarterly record for the group.
From FOMO to COMO: Buyers forced to compromise or miss out
In today’s property market, it’s no longer about fear of missing out – it’s about compromise or miss out – as affordability, supply, and demand pressures force buyers to adjust.
Brisbane tops nation for building costs amid construction surge
Construction costs in Brisbane have surpassed those in Sydney, putting fresh pressure on a building sector already grappling with labour shortages and capacity limits.
Mortgage holders outspend renters and outright owners: CBA
Home owners with mortgages are increasing their spending more than renters and outright owners, according to the major bank’s latest data.
[Related: Hot Property: The biggest property headlines from the week 7–11 July]
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