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Spring is bringing more choice to Australia’s property market, but uncertainty is keeping many buyers and investors cautious.
Rate hike fears have returned, clearance rates are softening and further price falls are forecast, while low listings and resilient pockets such as South Australia continue to create opportunities for investors.
With home ownership rates falling and affordability pressures mounting, this week’s headlines reveal a market where conditions are improving for buyers, but confidence remains the missing piece.
– The HomeGuru Team
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Auction Clearance Rates
Home Buyers Around the Country
Hundreds of buyers in limbo as major Sydney developer Bathla Group collapses (SMH)
20pc more children are growing up in rental housing, as ownership rates plunge (ABC)
Brutal reality facing Brisbane families wanting an extra bedroom (REA)
Buyers and sellers left second-guessing the spring market as rate hike fears return (Domain)
Spring supply brings choice for buyers (RayWhite)
Why a rare buyer’s property market has so few buyers (AFR)
One home type is defying property market chaos (News)
Young Australians' home ownership rate at an 80-year low, report shows (ABC)
RBA warning as rate hike expected within weeks (REA)
AI tools give buyers false confidence while overlooking red flags (SPI)
Auction clearance rate falls as buyers worry about more rate rises (AFR)
Gridlock: Retirees trapped, families left waiting (News)
Younger Australians expect to retire with a mortgage, research finds (MPAMag)
Investors
$2.1 billion giant suspends fund withdrawals (News)
Spring shake-up: What to expect from property investors (REA)
Why a $155,000 Sydney parking spot is actually a bargain (Domain)
Low listings: The story of spring for investors (SPI)
NAB warns house prices will fall for months as tax changes take hold (AFR)
NSW housing targets at risk without a "delivery plan," Property Council warns (ABN)
Hobart council advances ban on full-home short stays (ABC)
Why living near a capital city no longer guarantees your property will gain value (REA)
City of Sydney puts lockbox owners on notice ahead of major ban (Domain)
The yields v growth conundrum facing investors (SPI)
South Australia's housing market remains resilient despite national slowdown (ABN)
Revealed: Aus suburbs that won’t crash (News)
NAB warns housing downturn only a third done (MPAMag)
Property Stat of the Week
Credit: Property Update
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