Property Prices

First home buyers in Queensland used to be banned from claiming stamp duty concessions if they rented out part of their property — but that rule has been lifted.

One of Australia's largest developers says it has paused work on a major housing estate after delays meant some contracts had to be cancelled.

This house in the South Australian town of Mount Burr sold for $45,000 after the local mill's closure at the turn of the century, but house prices are rising sharply.

There are more sellers than buyers in the Canberra property market, as a new report finds home values declined over the last three months.

As the Reserve Bank meets to consider whether to cut interest rates, housing affordability is again centre stage of the political debate. A federal inquiry is considering whether there's a need to ease restrictions on banks about how much they can lend out to first home buyers.

Although national property prices increased again in October, the latest CoreLogic data suggests the housing market is cooling ahead of forecasted interest rate cuts early next year.

Young people facing the prospect of paying off someone else's investment property rather than owning a home of their own say it's high time serious steps were taken to address the housing crisis.

A survey finds around three-quarters of retirees with a mortgage owe more than they have in superannuation. More people are facing their retirement years with a home loan and the trend is expected to continue as the age of first home buyers rises.

The prime minister's seaside property purchase raised eyebrows, but many politicians have larger property holdings.

Prices in the small Queensland town of Keppel Sands have increased by 40 per cent in the past year, but this Victorian couple still think they got a great deal on a waterfront home.

Labor and LNP candidates in one of Queensland's most marginal state seats had dangled promises to purchase and conserve the coastal headland Taylor Point, but a private buyer has swooped in.

Twenty-one years ago, the tiny town of Ultima set out to boost its population by 25 per cent within a year at a cost of just $12.  

Real estate agents say property tax increases in Victoria mean investment buyers are choosing to purchase houses in South Australia instead.

As property prices continue to rise, real estate agents say they are seeing a large appetite for smaller, cheaper properties in Sydney. 

News that Treasury was looking at modelling changes to negative gearing was treated as a scandal. But when it comes to Australia's housing affordability problem, wouldn't the real scandal be if Treasury officials WEREN'T examining every possible pullable lever?

With negative gearing and capital gains tax back on the national agenda, experts say such reforms would be unlikely to lead to a major fall in property prices. But some investors say they could be forced to sell if there are changes to property tax breaks and that could force rents higher. 

ABC reporter Steph Ferrier says CoreLogic's latest home value figures bring better news for homebuyers than for sellers.

National home prices rose in September, new data shows, but some of the heat continues to come out of the housing market as more owner-occupiers and investors consider selling.

A record number of Australian suburbs now have a median house or unit value above $1 million, according to a new report.

The whiplash-inducing negative gearing debate began with a morning story in the newspapers and ended with the Prime Minister using a report that was once used to attack Labor to defend his position.