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PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Monday, 2 February 2026

January home values tick higher

January prices update

Cotality released its home values update for the month of January 2026.

Capital city prices rose 0.7 per cent over the month, and regional prices rose 1 per cent. 

Over the year prices were up 9.2 per cent across the capital cities, with the strongest increases seen in Darwin, Perth, and Brisbane. 


Source: Cotality

Cotality reported that ultra-tight rental vacancy rates are nudging renters towards ownership, assisted by the first homebuyer deposit guarantee.

Rental vacancy rates remained below average at 1.7 per cent, with only Canberra seeing vacancies above the decade average.

Reported Cotality:

"With such low vacancy rates, Cotality’s national Rental Index was up 0.6% in January, the strongest monthly change in rents since April last year. 

Similarly, the annual pace of rental growth picked up, recorded at 5.4% over the 12 months to January, adding approximately $35.20/week to the median rent. 

The past five years has seen a 42.4% jump in weekly rents nationally, adding approximately $204/week to the median rent. 

For context, the previous five-year period (ending January 2021) saw rents rise by just 8.2%."


Source: Cotality

You can read the Cotality release here.

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Some volatility looks set for financial markets this week, with gold and silver erasing $10 trillion of market capitalisation over the past 72 hours.

Gold is trading back below $4,400 per ounce - for a pullback from the record highs of -21 per cent - and silver below $72 per ounce. 

For tomorrow, markets are pricing close to a 75 per cent chance of an interest rate hike to a cash rate target to 3.85 per cent. 

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