Australian property buyers the winners in a spring market
A new report has revealed properties are taking longer to sell with more stock coming onto the market
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Australian property buyers have been the big winners this spring, according to new data released this week, with more stock available and a drop in sales volumes.
CoreLogic’s Housing Chart Pack for December showed sales were down 4 percent on the historic average while total listings volumes nationally increased 10.6 percent during spring.
Homes also took longer to sell through spring. The national median number of days on market in the three months to November was 32 days, up from 27 days for the same period last year.
CoreLogic economist Kaytin Ezzy said the trends combined to create a more favourable market for buyers rather than sellers.
“Between higher stock levels and lower-than-usual sales volumes, the data for the end of November shows that buyers were the winners this spring (just), and sellers generally saw softer market conditions over the past few months,” she said. “The increase in selling times has coincided with higher stock levels, and softer sales volumes year-on-year.
“The median time on market increased by four days year-on-year across both the combined capital cities and regional market.”
The best performing areas for home value growth continued to be in the 25 percent most affordable markets of Adelaide, up 4.7 percent, Perth (4.5 percent) and Brisbane. At the other end, the top quarter of homes in Darwin (-2.7 percent), Melbourne (-1.4 percent) and Sydney (-1.6 percent) saw the greatest falls over the same period.
In good news for renters — and less welcome for existing investors — the report found rental growth also slowed this year. Rents increased by 5.3 percent over the year to November, the slowest increase since April 2021. At the same time, the RBA reported the average household size has risen across Australia’s capital cities, suggesting more renters are moving into shared housing to offset cost of living concerns.
“The gradual slowdown in net overseas migration could also be contributing to the stabilising in rent values, and as the backlog of Homebuilder work moves into completion, this could also take some demand out of the rental market,” Ms Ezzy said.
“Rental growth may rebound a little through the seasonally strong first quarter of 2025, but beyond any seasonality, it looks increasingly like the rental boom is over.”
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Fitness entrepreneur and social media personality Tammy Hembrow has put her Broadbeach Waters mansion on the market, ending a six-year stint in the riverfront home she has regularly featured in content shared with her millions of followers.
Hembrow bought the property in June 2020 for $2.88 million.
Sitting on an oversized 979sqm allotment with north-east orientation and more than 30 metres of river frontage, the double-storey residence is set behind security gates at the end of a quiet cul-de-sac.
The home has been a fixture of Hembrow’s online presence for years, serving as the backdrop to family life and business updates for the mother-of-three, who also lived there with her former husband, Love Island Australia star Matt Zukowski, before the pair separated in mid-2025 following a brief marriage.
Inside, the residence centres on an open-plan kitchen, lounge and dining area that opens onto the pool and alfresco entertaining space, designed to make the most of the Gold Coast’s indoor-outdoor lifestyle.
Upstairs, the master suite includes a walk-through robe, dedicated dressing room and ensuite, alongside two further bedrooms, while a fourth bedroom downstairs offers separate access for guests or extended family. A multi-purpose room adds flexibility for use as a media room, home office or children’s retreat.
Outdoor features include a tiled pool, built-in barbecue and bar area, firepit and private boat ramp — amenities suited to the waterfront entertaining lifestyle the Broadbeach Waters pocket is known for.
The property is being marketed by Jay Helprin of Ray White through an expressions of interest campaign, with private inspections only and no scheduled public opens.
Hembrow, who built her public profile from 2014, documenting her fitness journey through three pregnancies, went on to launch fitness app TammyFit, which has since been downloaded more than a million times.
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