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The article discusses the impact of increasing interest rates in residential property market in Australia. RP Data research analyst Cameron Kusher says that increased interest rates will affect the market depending on how fast the rates will rise. Australian Property Monitors economist Matthew Bell adds that the market will remain weak and homeowners will be sensitive to interest rates. However, BIS Shrapnel analyst Angie Zigomanis sees that investors will boost the market for cheaper housing.

The article discusses the performance of every city of Australia in terms of its property market. Bribane has become stronger than its southern counterparts because of its high overseas migration rates as well as strong economic growth. Some parts of Melbourne are having turns to improve their housing areas by implementing urban regeneration and new infrastructure projects. Perth, on the other hand, has stopped to grow following its huge dwelling price growth during the years 2004 and 2006.

The article focuses on price declines of properties at coastal suburbs in Australia due to the global financial crisis. These areas include Abbey in Western Australia, which faces a decline in median house prices. As absentee investors are affected by the crises, more local and owner-occupier buyers are offered the opportunity to negotiate a bargain, says research analyst Cameron Kusher. Other near-water markets noted also include Wombarra and Cranbourne South in Victoria.

The article reports that South Australia is becoming a leading residential market in the country because of strong spending as a result of the profitable national defense deals and the resources boom. The median housing price in Adelaide, South Australia, has increased by 16.38 percent as South Australia's median housing price increased by 18.07 percent from April 2007 to March 2008.

The article offers insights from notable people in the Australian housing market on prospects for the market. According to Gerard Minack of Morgan Stanley, Australian house prices are 40% above most fair value measures. He expects the housing bubble to explode if the market saw broad-based job losses. Harley Dale of the Housing Industry Association contends that the housing bubble talk is misdirected. He also points out the effect of undersupply on housing prices.

The article focuses on the 2010 expected value growth of New South Wales' multimillion-dollar properties. It says that in 2010, few of the exclusive suburbs in Sydney, New South Wales are poised for 10 percent-plus property price growth as the economy boosts higher-priced housing demand. The multimillion-dollar city and coastal homes are awaited to keep regaining favour. Moreover, RP Data national research analyst Cameron Kusher said that also poised for value the regional centres.

The article discusses the worsening of national housing affordability crisis in Australia, which is affected by the government's action on infrastructure. It says that Australian futurist and economist Brian Haratsis anticipates increase in house prices and the worsening of Australia's affordability crisis if governments do not work to release more land. Moreover, housing problems being considered by Haratsis include high prices and lack of supporting infrastructure in city fringe areas.

The article reports on the economic performance of holiday-home destinations in Australia in 2009, in which the median house price of mining and property prices decreased by 48.8% and 43.6%, respectively, and that lifestyle and holiday-home hotspots are prone to price drops.

The article discusses the downfall of property development on the Gold Coast, Queensland. Owing to the global financial crisis, property developers like Raptis Group collapse, construction of property such as the super-yacht terminal are being pushed back, and median house prices are down by 12.4 percent. Despite the negative outlook in the region, some developers optimistically see land development in the future due to the area's seaside location and climate.

The article reports on the increase in rental returns and improvement of sentiment in the building sector in 2009 in Australia. In the list of top 10 national gross rental yields for houses, Dysart Corp. grabbed the first spot with a median house price of $390,000. It is noted that of the top 10 best-performing areas, five are in Queensland mining areas, including Moranbah, Nebo and Blackwater.

The article reports on the anticipated recovery of the housing market in 2009 in New South Wales. In a survey by Colliers International, 45% of respondents said that Sydney is the place to invest. However, 15% of respondents to a Mortgage Choice Investment survey believed that Melbourne, Victoria would be the best investment choice. Rob Ellis of Property Ellis predicted that a shortage of housing will increase housing prices and rents.

The article reports on the rise in median house price in distant suburbs with affordable properties in Australia as stated by RP Data. It mentions 10 highest median house price rise with Tennyson Point, in New South Wales, topping the list with 48.2% growth during the 12 months to February 2009. Likewise, it details the median house price rise of other suburbs like Daley's Point, Lockhart and North Beach. A table showing the summary of the biggest median house price rises is presented.

The article reports on the sales performance of the housing market in Melbourne,Victoria. Based on the RP Data figures, the median price of houses for 2009 is $418,162 which is 4.15% below the February 2008 peak. It explains that the median dwelling price has put Melbourne in second position in terms of affordability for mainland capital cities. It mentions about the undersupply of housing which David Grima from Colliers International expects to support dwelling prices in the short term.

The article provides information on the economic performance of the housing markets in Adelaide, Southern Australia. It states that the capital-city house price growth in 2009 flatten as the mining sector in Australia made a steady progress. According to Toop&Toop estate agent and founder Anthony Toop, the market will soon be at its desirable position as the rate dropped in February 2009.

The article focuses on the Rismark Hedonic Property Value Index of RP Data. It states that the index showed a 1.1% gain by the national median house price in the first two months of 2009, while Brisbane's market performed worst with its 2.2% loss. Darwin was found to be the best-performing mainland capital-city market, with a median value gaining 6.1%.

The article reports on the prediction of IBISWorld Inc. industry analyst Raghu Rajakumar regarding the trend of home renovation in Australia. Rajakumar expected that the trend for renovating the home could return if the cost of alterations falls, interest rates remain low and consumer confidence improves. According to Rajakumar, home owners will be thinking to restore their home instead of selling and buying a new property when there will be a slow edge-down in the price of renovations.

The article forecasts the increase in demand for affordable housing in Australia. There are speculations that affordable housing will experience a remarkable growth. Providing affordable housing is considered an innovative approach of local governments to make residents remain in their municipalities and discourage them from seeking homage in other states. Moreover, it is also part of the government's effort of establishing a sustainable city.

The article reports that Citigroup analysts have warned about the performance of the housing market in Australia. According to the analysts, the market has deteriorated further, despite rate cuts and subsidies. National prices have started to drop and approvals are showing a 35 percent decline in November. Citigroup has reduced its forecast for home approvals during 2009-2010.

The article reports on the finding by Broker Mortgage Choice that more Australians are delaying investing in real estate. Among 1,004 people surveyed, 37 percent said that they are going to buy their first home at age 41 or more. More than 75 percent said they were willing to reduce their spending to be able to buy a home and 35 percent would buy a cheaper home than they wanted.