Housing prices rebound in February

Sentiment rebounds

Housing prices increased in 7 of the capital cities and across regional markets in February.

Melbourne has turned a corner now, and led the way with a +0.4 per cent increase.

Melbourne prices were down -1.1 over the quarter to be -6.4 per cent lower than at their peak.

Overall, though, sentiment has picked up as buyers sense that lower interest rates are on the way.

Source: CoreLogic

CoreLogic reported that rents rose +0.6 per cent in February, which as the fastest increase since May 2024, but well below the monthly high of +1.2 per cent seen in February 2021. 

Prices are likely to increase in 2025 as interest rates are lower.

You can read CoreLogic's full report here.

In other news, the Melbourne Institute inflation gauge recorded its first decline in six months, declining -0.2 per cent. 

Over the year inflation was +2.2 per cent, down from +2.2 per cent in the preceding month, representing further progress towards containing inflation. 

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P.S. Whenever you’re ready…here are 4 ways I can help you:

    1. Download our property buying guide

Download our free property buying guide here. 

You can also check out a few of our recent property purchases here. 

Get in contact with us today if strategic property investment is your thing. 

    2. Subscribe to our Top 10 Podcasts for Investors

Listen in to our podcasts

The Australian Property Podcast is rapidly becoming one of Australia's biggest business podcasts, now with well over 50,000 audio downloads per month, and growing fast.

And our popular Low Rates High Returns Show also remains available on Spotify.

    3. Subscribe for my free daily blog

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You can also catch up with me daily on Twitter here, where I'm active daily and have over 14,800 followers. 

By the way, I'm an 8-times published author on finance and investing, so you can check out some of my books here.

My new book, co-authored with Cate Bakos is available to buy here or on Amazon here - follow our book release on Facebook here and at our Buy Right podcast series here. 

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2-Sense: Are big inheritances destroying the 'fair go'?

2-Sense podcast

I joined Batesy to discuss the big property news stories this week.

Tune in here (or click on the image below):

You can also watch the video version on YouTube here:

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P.S. Whenever you’re ready…here are 4 ways I can help you:

    1. Download our property buying guide

Download our free property buying guide here. 

You can also check out a few of our recent property purchases here. 

Get in contact with us today if strategic property investment is your thing. 

    2. Subscribe to our Top 10 Podcasts for Investors

Listen in to our podcasts

The Australian Property Podcast is rapidly becoming one of Australia's biggest business podcasts, now with well over 50,000 audio downloads per month, and growing fast.

And our popular Low Rates High Returns Show also remains available on Spotify.

    3. Subscribe for my free daily blog

Subscribe for my free daily blog with some 3¾ million hits here. 

You can also catch up with me daily on Twitter here, where I'm active daily and have over 14,800 followers. 

By the way, I'm an 8-times published author on finance and investing, so you can check out some of my books here.

My new book, co-authored with Cate Bakos is available to buy here or on Amazon here - follow our book release on Facebook here and at our Buy Right podcast series here. 

4. Work with me privately

For a limited time you can book in a free diagnosis call with me here, so book in a call today.