Net migration fell to 306,000, but Perth, Brisbane and regional Australia are soaking up the arrivals, tightening rents and lifting prices where supply is thinnest.
Factory-built housing promises to slash construction costs and build times at a moment when Australia badly needs both. The technology already works — the harder problem has been getting banks, regulators and buyers to trust it.
Treasury's new national housing plan puts $47 billion behind a target of 1.2 million homes by 2029. A government-commissioned report released two months earlier shows the country already falling short of the pace required to get there.
As Labor locks in the votes to pass its negative gearing and Capital Gains Tax reforms, a new petition to parliament argues that removing GST from new residential construction would do more for housing affordability without the supply side risks.
A shortage of 300,000 construction workers by 2027 is quietly wrecking Australia's housing targets — and the cost is already showing up in build times, project prices, and approvals that go nowhere.
From 1 July 2026, no first home buyer in the ACT pays stamp duty -- no income cap, no price limit. Here is what the change means, what was in place before, and what buyers need to know.
Sydney asking prices are down 1.1% in a month. Hobart rents are up 14.8% in a year. SQM Research's May 2026 data shows Australia's property market hasn't boomed or busted — it's split into eight different cities.
$1.09M
Median house price
December 2025
+11.9%
Annual house price growth
12 consecutive quarters
+12.9%
Annual unit price growth
11 consecutive quarters
Adelaide's housing market
$1.09M
Median house price
December 2025
+18.4%
Annual house price growth
One-year high
0.5%
Rental vacancy rate
Among tightest in Australia
A Record Quarter by Any
Brisbane has crossed $1.17 million. What was once a discount market has become a premium one — and the city's structural tailwinds suggest the ceiling isn't
Key Points
* Domain forecasts Melbourne median house prices reaching $1.17 million by end of 2026
* KPMG tips 6.6% house price growth and 7.1% unit growth — highest among