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In a landmark moment for Sydney's real estate market, the city’s median asking price for houses has surpassed the $2 million mark, hitting $2,012,000 as of 15 April, according to SQM Research.
This figure includes Greater Sydney regions such as the Blue Mountains and Central Coast.
The development was confirmed by SQM's managing director, Louis Christopher.
SQM Research has highlighted that their methodology tracks vendor asking prices, providing an advance insight into housing market trends. Historically, these figures have been indicative of the future trajectory of house prices. As per Domain, the median sold price for houses reached a record $1,645,400 in the last quarter of 2024.
The forecast for Sydney's housing market suggests further price hikes are likely. A combination of anticipated rate cuts by the Reserve Bank of Australia (RBA) and significant policy initiatives promises continued growth in housing values. Financial markets project five rate cuts this year, which could lower the official cash rate to 2.85% by the year’s end. Additionally, the Albanese government has proposed a universal 5% housing deposit guarantee for first-time homebuyers, effective from January 2026.
Under Labor's proposed policy, the government will guarantee up to 15% of the loan value, allowing buyers to avoid the average $23,000 lenders’ mortgage insurance cost. As Sydney's population could reach over 8 million by the 2060s due to sustained overseas migration, the demand for housing in the city is expected to intensify.
The increasing population is likely to result in a trend towards higher density living, with apartments gradually replacing single detached houses. This transition will further amplify housing values in the city.
The surge in Sydney's housing prices reflects broader economic policies and market dynamics. The anticipated decrease in mortgage rates and the easing of housing access through policy reforms could continue to fuel the housing market's growth. This scenario is likely to strain affordability, impacting prospective homebuyers who may find the market increasingly inaccessible.
Looking ahead, the housing market is expected to keep climbing, especially as supportive economic conditions persist. The impact of government policy on housing affordability, particularly for first-time buyers, will be central to future discussions as these initiatives take effect. Moreover, as Sydney becomes denser, strategic urban planning will be critical to maintaining the city's liveability amidst rising population pressures.
MotorCycle Holdings Limited (MCH), a prominent player in the Australian motorcycle retail and wholesale sector, has announced a record-breaking sales revenue of $650 million for the fiscal year 2025. This figure represents an 11.6% increase compared to the previous year, underscoring the company's robust growth trajectory in a competitive market. - read more
The Royal Automobile Association (RAA) has raised concerns following a significant 58% increase in serious motorcycle crashes in South Australia over a five-year period. Between 2019 and 2023, the state recorded 966 serious motorcycle crashes, up from 611 in the preceding five years. - read more
Spanish electric motorcycle manufacturer Stark Future has successfully completed a new investment round, raising over €100 million to support its ambitious growth plans and model range expansion. This funding round was notably swift, closing within a few weeks, and was predominantly backed by existing shareholders. Additionally, a select group of new high-profile investors from the MotoGP community, including current riders and a former World Champion, participated in this round. - read more
In 2024, Ducati demonstrated remarkable financial resilience by recording revenues exceeding €1 billion for the third consecutive year, achieving a total of €1.003 billion. This performance underscores the company's robust position in the global motorcycle market, despite facing a competitive and challenging economic environment. - read more
When it comes to hitting the open road on a new motorcycle in Australia, securing the right loan can significantly impact your financial journey. Motorcycle loans are an essential tool that can help you purchase your dream machine. However, understanding how to navigate these loans can make a world of difference in both your purchase process and your long-term financial health. - read more
Are you dreaming of hitting the open road on a brand-new motorcycle, but unsure about the financial leap it requires? Navigating the world of motorcycle loans can initially seem daunting, but understanding how to secure a favourable deal is crucial. - read more
The wind in your hair, the roar of the engine, and the freedom of the open road – there's nothing quite like the thrill of owning your dream motorcycle. For many enthusiasts, it's not just a mode of transportation; it's a lifelong ambition, a symbol of adventure and independence. But unless you've been saving for years, the prohibitive cost could make this dream seem out of reach. - read more
Choosing a motorcycle can be an exciting, but overwhelming experience. With so many options on the market, it can be difficult to know where to start. That’s why we’ve compiled a list of the top 5 most popular motorcycles in Australia to help make your decision easier. - read more
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Knowledgebase
Jumbo Loan: A mortgage loan that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA).
