For today’s news updates as they happen, follow us here.
House prices averaged across Australia are forecast to rise between 4 per cent and 6 per cent next year, according to .Perth is set to experience the strongest growth, with house and unit prices tipped to rise by 8-10 per cent, followed by Adelaide .Brisbane’s continued population growth and housing supply challenges would likely result in house price growth of 5 per cent to 7 per cent, according to Domain, with and unit price gains of 7 per cent to 9 per cent.
“We’ve seen a population boom in the mid-sized cities in Australia, so in Brisbane, Adelaide and Perth, that’s created huge momentum in housing markets,” ANZ senior economist Adelaide Timbrell said.“The number of people who want homes have far outpaced the number of homes being built.”While Sydney house and unit prices were expected to grow in line with the national forecasts, Melbourne would be slightly weaker with 3 per cent to 5 per cent house price growth.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brisbane Metro project blows out to $1.55 billion as rollout postponed to 2025The Brisbane Metro buses were meant to be a cheaper alternative to a subway. However, it has now cost $1.55 billion, more than the original plan it replaced, and the bendy buses won't be on the road until sometime next year.
Read more »
NRL releases Magic Round fixtures for 2025 season, with Brisbane Broncos playing Penrith PanthersManly have gone from Magic Round pioneers to left right out, with the NRL granting the Sea Eagles their wish of a bye during the Brisbane extravaganza.
Read more »
Brisbane news live: Cross River Rail work to affect holiday train timetables | Brisbane property prices to keep rising in 2025For today’s news updates as they happen in Brisbane and beyond, join us here.
Read more »
2025 Land Rover Discovery price and specs: More powerful diesel joins lineup7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
2025 Mazda CX-80 price and specs: Seven-seat SUV undercuts CX-607NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
2025 GMC Yukon Denali price and specs: Big sticker for large luxury SUV7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »