REA's PropTrack Regional Australia Report 2021
Housing values in regional Australia are currently rising at the fastest annual pace in at least 35 years, outpacing the already strong growth in metro areas, which uncommon in Australia’s housing market.
Job vacancies in Australia are at a record level
Job vacancies in Australia are at a record level. The ABS’ job vacancy rate is now more than 2.5% – the highest level since the series started in the late 1970s.
What happens when house price growth outpaces wage growth?
While wages increased 81.7% in the past 20 years, Australian home values have grown 193.1%.
UPDATE: Aria's proposed 5 Star Hotel at 1 Mooloolaba Esplanade
On 23 August 2021, application for approval of changes to the Aria Property Group's original application for the development slated 1 Mooloolaba Esplanade was submitted to the Sunshine Coast Council.
The suburbs with the most property transactions revealed
Buderim and Maroochydore make the top 20 most transacted suburbs for property deals over the year ending August 2021; the highest number of annual sales since 2004, and a 42% lift on the annual number of sales over the previous 12 month period.
Credit card debt continues to plummet in lockdown
The latest Reserve Bank figures show lockdowns and the limited ability for a large portion of Australians to spend likely contributed to a reduction in the number and value of credit card purchases in August.
Sunshine Coast suburbs top the list of highest price rises in the past 5 years
House prices have doubled or risen even more over the past five years in a string of sought-after hotspots, often by the beach, new figures show.
Who is driving up demand for Sunshine Coast properties?
Domain.com.au has released an in-depth report into what is driving the increased demand in property in the Sunshine State.
Plans filed for new Mooloolaba Hotel at the Brisbane Road Carpark Site
Toowoomba’s Wagner family is behind plans to build a new hotel in Mooloolaba next to an eight-storey car park.
