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Melbourne prices face further falls as rate rise looms over sluggish auctions
Melbourne recorded a preliminary auction clearance rate of 53.4 per cent from 380 results ahead of the Reserve Bank’s next interest-rate decision, according to realestate.com.au.
Melbourne recorded a preliminary auction clearance rate of 53.4 per cent from 380 results ahead of the Reserve Bank’s next interest-rate decision, according to realestate.com.au.
Source: realestate.com.au News · Originally published: 2026-11-01T09:00:00+11:00
‘Unattainable’: Sydney singles shut-out of market
Compare the Market research found that no Sydney suburbs met its housing-affordability test for singles on an average salary, while couples earning two average salaries could afford at least one property type in 16.88 per cent of suburbs.
Compare the Market research found that no Sydney suburbs met its housing-affordability test for singles on an average salary, while couples earning two average salaries could afford at least one property type in 16.88 per cent of suburbs.
Source: realestate.com.au News · Originally published: 2026-11-01T05:00:00+11:00
Looming decision next week could wipe out benefits of falling home prices
Compare the Market analysis of 3,363 Australian suburbs found that couples on typical salaries could afford median-priced properties in 38.61% of suburbs in September, down from 53.63% a year earlier as higher borrowing costs offset falling prices.
Compare the Market analysis of 3,363 Australian suburbs found that couples on typical salaries could afford median-priced properties in 38.61% of suburbs in September, down from 53.63% a year earlier as higher borrowing costs offset falling prices.
Source: realestate.com.au News · Originally published: 2026-11-01T04:00:00+11:00
New Angle Vale community with $2m riverside park
Fairland plans to build more than 750 homes over eight years at its SOUL community in Angle Vale, South Australia, with the first 212 allotments due for release in November and a riverside park receiving more than A$2 million in investment.
Fairland plans to build more than 750 homes over eight years at its SOUL community in Angle Vale, South Australia, with the first 212 allotments due for release in November and a riverside park receiving more than A$2 million in investment.
Source: realestate.com.au News · Originally published: 2026-11-01T05:00:00+11:00
Rio Tinto signs landmark office lease deal
Rio Tinto has signed a 15-year lease for the entire office component of a planned 27-storey Elizabeth Quay tower that will become its Perth headquarters.
Rio Tinto has signed a 15-year lease for the entire office component of a planned 27-storey Elizabeth Quay tower that will become its Perth headquarters.
Source: realestatesource · Originally published: 2026-10-30T01:04:00+00:00
Big bank job cuts could halt RBA rate hikes as unemployment rises
An Australian housing-market analysis examines whether job cuts at major lenders and rising unemployment could restrain further Reserve Bank interest-rate increases.
An Australian housing-market analysis examines whether job cuts at major lenders and rising unemployment could restrain further Reserve Bank interest-rate increases.
Source: realestate.com.au News · Originally published: 2026-10-30T00:41:00Z