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Anglo American Rejects $39 Billion BHP Bid, Setting Up Likely Bidding War Packard Foundation Pledges $480 Million to Ocean Conservation Over the Next Five Years The Uglification of Everything Why more Australians on high incomes are renting 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

LATEST DAILY HOUSING MARKET DATA HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE Sydney $1,619,543 (+1.02%) Melbourne $993,415 (+0.43%) Brisbane $975,058 (+1.20%) Adelaide $879,284 (+0.61%) Perth $852,259 (+2.21%) Hobart $758,052 (+0.47%) Darwin $664,462 (-0.58%) Canberra $1,008,338 (+1.48%) National $1,044,192 (+1.00%)

UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE Sydney $750,850 (+0.34%) Melbourne $495,457 (-0.48%) Brisbane $530,547 (-1.93%) Adelaide $452,618 (+2.41%) Perth $435,880 (-1.44%) Hobart $520,910 (-0.84%) Darwin $351,137 (+1.16%) Canberra $486,921 (-1.93%) National $526,132 (-0.40%)

HOUSES FOR SALE AND WEEKLY CHANGE Sydney 10,060 (-129) Melbourne 14,838 (+125) Brisbane 7,930 (-41) Adelaide 2,474 (+54) Perth 6,387 (+4) Hobart 1,349 (+13) Darwin 237 (+9) Canberra 988 (-41) National 44,263 (-6)

UNITS FOR SALE AND WEEKLY CHANGE Sydney 8,768 (-27) Melbourne 8,244 (+37) Brisbane 1,610 (-26) Adelaide 427 (+6) Perth 1,632 (-32) Hobart 199 (-5) Darwin 399 (-5) Canberra 989 (+1) National 22,268 (-51)

HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE Sydney $800 ($0) Melbourne $600 ($0) Brisbane $640 ($0) Adelaide $600 ($0) Perth $650 (-$10) Hobart $550 ($0) Darwin $700 ($0) Canberra $680 (-$10) National $660 (-$3)

UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE Sydney $750 ($0) Melbourne $585 (-$5) Brisbane $635 (+$5) Adelaide $495 (+$5) Perth $600 ($0) Hobart $450 (-$25) Darwin $550 ($0) Canberra $570 ($0) National $592 (-$1)

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 (↑)

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Why more Australians on high incomes are renting

This may be contributing to continually rising weekly rents

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Packard Foundation Pledges $480 Million to Ocean Conservation Over the Next Five Years

Reading Time 3 minutes

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

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Anglo American Rejects $39 Billion BHP Bid, Setting Up Likely Bidding War

The Uglification of Everything

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quarterly

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PROPERTY

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

The four-bedroom home “blends historic architecture, soaring open-plan living spaces and every possible contemporary comfort”

Reading Time 3 minutes

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

By CASEY FARMER 23/04/2024

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

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money

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Australian Inflation Stays Strong, Highlighting Challenge Facing RBA

Housing and education were among the main drivers of inflation in the March quarter

By DAVID WINNING 25/04/2024

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

By CASEY FARMER 25/04/2024

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

By Eric Grossman 24/04/2024

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

By Bronwyn Allen 23/04/2024

Nike Reverses Course as Innovation Stalls and Rivals Gain Ground

By INTI PACHECO 23/04/2024

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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

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

By Eric Grossman 24/04/2024

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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