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How much income is required to service a mortgage? It depends on where you live Australian Inflation Stays Strong, Highlighting Challenge Facing RBA Personal Wardrobe of the Iconic Late Fashion Designer Vivienne Westwood Goes up for Auction A Dramatic London Home in a Former Chapel That Starred in ‘Call the Midwife’ Is Renting for £39,000 per Month Rediscovered John Lennon Guitar Heads to Auction, Expected to Set Records Australia to outshine its peers in ‘surprisingly resilient’ global economy Nike Reverses Course as Innovation Stalls and Rivals Gain Ground On the Market for the First Time, This Hamptons Beach House Is Listed for Nearly $26 Million Retro Kitchens Are Everywhere—and the Ultimate Rejection of the Sterile Luxury Trend The Secret Retreats That Have CEOs, VIPs and Billionaires Jockeying for Invites Millennials Are Coming for Your Golf Communities Inside Amazon’s Secret Operation to Gather Intel on Rivals Australia’s top 10 most affordable regional property markets investors should watch IMF Warns Surge in U.S., China Debt Could Have ‘Profound’ Impact on Global Economy There Are Plenty of Power Publicists. But Only One Works for Taylor Swift. Share market vulnerable as 2024 gains wiped out this month They Love Their $14.95 Million Hamptons House. The Problem? Their Dog Hates It China’s Punishment for People With Bad Debts: No Fast Trains or Nice Hotels China’s Overcapacity Is Already Backfiring Big Tech Is Downsizing Workspace in Another Blow to Office Real Estate

LATEST DAILY HOUSING MARKET DATA HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE Sydney $1,603,134 (+0.55%) elbourne $989,193 (-0.36%) Brisbane $963,516 (+0.83%) Adelaide $873,972 (+1.09%) Perth $833,820 (+0.12%) Hobart $754,479 (+3.18%) Darwin $668,319 (-0.54%) Canberra $993,398 (-1.72%) National $1,033,710 (+0.29%)

UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE Sydney $748,302 (+0.18%) Melbourne $497,833 (-0.44%) Brisbane $540,964 (-1.56%) Adelaide $441,967 (-0.38%) Perth $442,262 (+1.33%) Hobart $525,313 (+0.38%) Darwin $347,105 (-0.72%) Canberra $496,490 (+0.93%) National $528,262 (-0.02%)

HOUSES FOR SALE AND WEEKLY CHANGE Sydney 10,189 (-104) Melbourne 14,713 (+210) Brisbane 7,971 (+283) Adelaide 2,420 (+58) Perth 6,383 (+298) Hobart 1,336 (+6) Darwin 228 (-12) Canberra 1,029 (+8) National 44,269 (+747)

UNITS FOR SALE AND WEEKLY CHANGE Sydney 8,795 (-1) Melbourne 8,207 (+293) Brisbane 1,636 (+1) Adelaide 421 (-4) Perth 1,664 (+15) Hobart 204 (-1) Darwin 404 (-2) Canberra 988 (+12) National 22,319 (+313)

HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE Sydney $800 (+$5) Melbourne $600 ($0) Brisbane $640 (+$10) Adelaide $600 ($0) Perth $660 ($0) Hobart $550 ($0) Darwin $700 ($0) Canberra $690 ($0) National $663 (+$2)

UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE Sydney $750 ($0) Melbourne $590 (+$10) Brisbane $630 ($0) Adelaide $490 (+$10) Perth $600 ($0) Hobart $475 (+$23) Darwin $550 ($0) Canberra $570 (+$5) National $593 (+$4)

HOUSES FOR RENT AND WEEKLY CHANGE Sydney 5,364 (+80) Melbourne 5,428 (+4) Brisbane 4,002 (+12) Adelaide 1,329 (+16) Perth 2,113 (+91) Hobart 398 (0) Darwin 99 (-5) Canberra 574 (+39) National 19,307 (+237)

UNITS FOR RENT AND WEEKLY CHANGE Sydney 7,687 (+257) Melbourne 4,793 (+88) Brisbane 2,098 (+33) Adelaide 354 (-11) Perth 650 (+5) Hobart 135 (-1) Darwin 176 (-9) Canberra 569 (+14) National 16,462 (+376)

HOUSE ANNUAL GROSS YIELDS AND TREND Sydney 2.59% (↑) Melbourne 3.15% (↑) Brisbane 3.45% (↑) Adelaide 3.57% (↓) Perth 4.12% (↓) Hobart 3.79% (↓) Darwin 5.45% (↑) Canberra 3.61% (↑) National 3.33% (↑)

UNIT ANNUAL GROSS YIELDS AND TREND Sydney 5.21% (↓) Melbourne 6.16% (↑) Brisbane 6.06% (↑) Adelaide 5.77% (↑) Perth 7.05% (↓) Hobart 4.70% (↑) Darwin 8.24% (↑) Canberra 5.97% (↓) National 5.84% (↑)

HOUSE RENTAL VACANCY RATES AND TREND Sydney 0.8% (↑) Melbourne 0.7% (↑) Brisbane 0.7% (↑) Adelaide 0.4% (↑) Perth 0.4% (↑) Hobart 0.9% (↑) Darwin 0.8% (↑) Canberra 1.0% (↑) National 0.7% (↑)

UNIT RENTAL VACANCY RATES AND TREND Sydney 0.9% (↑) Melbourne 1.1% (↑) Brisbane 1.0% (↑) Adelaide 0.5% (↑) Perth 0.5% (↑) Hobart 1.4% (↓) Darwin 1.7% (↑) Canberra 1.4% (↑) National 1.1% (↑)

AVERAGE DAYS TO SELL HOUSES AND TREND Sydney 29.7 (↑) Melbourne 30.9 (↑) Brisbane 31.2 (↑) Adelaide 25.1 (↑) Perth 34.4 (↑) Hobart 35.8 (↑) Darwin 35.9 (↑) Canberra 30.4 (↑) National 31.7 (↑)

AVERAGE DAYS TO SELL UNITS AND TREND Sydney 30.0 (↑) Melbourne 30.5 (↑) Brisbane 28.8 (↑) Adelaide 25.2 (↓) Perth 38.3 (↓) Hobart 27.8 (↓) Darwin 45.8 (↑) Canberra 38.1 (↑) National 33.1 (↑)

Reading Time 3 minutes

How much income is required to service a mortgage? It depends on where you live

New research suggests spending 40 percent of household income on loan repayments is the new normal

Reading Time 2 minutes

Personal Wardrobe of the Iconic Late Fashion Designer Vivienne Westwood Goes up for Auction

Reading Time 2 minutes

A Dramatic London Home in a Former Chapel That Starred in ‘Call the Midwife’ Is Renting for £39,000 per Month

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Australian Inflation Stays Strong, Highlighting Challenge Facing RBA

Rediscovered John Lennon Guitar Heads to Auction, Expected to Set Records

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PROPERTY

Reading Time 3 minutes

On the Market for the First Time, This Hamptons Beach House Is Listed for Nearly $26 Million

The home in the village of Sagaponack has plenty of balconies to take in the surrounding water views

Reading Time 6 minutes

Retro Kitchens Are Everywhere—and the Ultimate Rejection of the Sterile Luxury Trend

By TRACY KALER 22/04/2024

Australia’s top 10 most affordable regional property markets investors should watch

By Bronwyn Allen 19/04/2024

They Love Their $14.95 Million Hamptons House. The Problem? Their Dog Hates It

By E.B. SOLOMONT 18/04/2024

Big Tech Is Downsizing Workspace in Another Blow to Office Real Estate

By KONRAD PUTZIER 17/04/2024

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money

Reading Time 3 minutes

Australia to outshine its peers in ‘surprisingly resilient’ global economy

It’s a slow start for 2024 but the longer term outlook for the local economy is strong

By Bronwyn Allen 23/04/2024

Reading Time 10 minutes

Nike Reverses Course as Innovation Stalls and Rivals Gain Ground

Shoe giant stumbled as CEO John Donahoe pulled away from retailers and relied on old hits. Now it says it’s refocusing on cutting-edge footwear for athletes.

By INTI PACHECO 23/04/2024

The Secret Retreats That Have CEOs, VIPs and Billionaires Jockeying for Invites

By SARA ASHLEY O’BRIEN, EMILY GLAZER, JESSICA TOONKEL 22/04/2024

Inside Amazon’s Secret Operation to Gather Intel on Rivals

By DANA MATTIOLI, SARAH NASSAUER 20/04/2024

IMF Warns Surge in U.S., China Debt Could Have ‘Profound’ Impact on Global Economy

By PAUL HANNON 19/04/2024

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quarterly

Buy/subscribe now to Kanebridge Quarterly and stay above the noise and ahead of the crowd with Australia’s best news, advice and inspiration on property, investing and residential design.

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lifestyle

Retro Kitchens Are Everywhere—and the Ultimate Rejection of the Sterile Luxury Trend

By TRACY KALER 22/04/2024

Millennials Are Coming for Your Golf Communities

By JESSICA FLINT 21/04/2024

The Longevity Vacation: Poolside Lounging With an IV Drip

By ALEX JANIN 16/04/2024

5 reasons why Australia’s inflation rate will not follow the US uptick

By Bronwyn Allen 16/04/2024

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