Property market warms up across Australian capitals
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Property market warms up across Australian capitals

There’s signs of life but vendors are proceeding with caution

By KANEBRIDGE NEWS
Thu, Mar 23, 2023 10:56amGrey Clock < 1 min

Summer might be over but the residential real estate market continues to warm up with the second busiest auction week this year planned for this weekend, according to data from CoreLogic.

A total of 2,226 homes are scheduled to go to market, a 7.1 percent increase on the previous week.

Melbourne is leading the way, with 1,160 homes going under the hammer, up 10.8 percent on the week before. It’s slightly quieter in Sydney, perhaps due to the NSW State election this weekend, with 851 homes scheduled for auction, representing a 8.8 percent rise on the previous week.

It’s a different story in the smaller capitals, however, with Brisbane hosting 132 auctions (compared with 138 the week before), followed by Adelaide with 130 (119 the previous week) and Canberra with 93 (123 the week before). Perth has 14 homes due to go to auction this weekend, while Tasmania has four.

While the available homes for sale is showing stronger growth, the CoreLogic data reveals that the combined capital auctions are still down -29.4 percent on this time last year as the market continues to process successive interest rate rises.

Economic experts are predicting a hold on further interest rate rises when the RBA meets next month. 



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Brickworks has enlisted acclaimed architecture studio Kennedy Nolan to explore how homes could become more adaptable, energy-efficient and connected to community.

By Jeni O'Dowd
Wed, Jun 3, 2026 2 min

Australia’s housing debate is often dominated by affordability and supply, but a new collaboration between Brickworks and acclaimed architecture firm Kennedy Nolan argues the conversation should also focus on the quality and longevity of the homes being built.

The project, titled Our Next Neighbourhood, examines how suburban housing could evolve in response to shrinking block sizes, rising energy costs, increasing density and changing family structures.

Rather than proposing luxury dream homes, the initiative focuses on what its creators describe as achievable suburban housing models that are more flexible, sustainable, and better suited to modern Australian life.

Brickworks commissioned Kennedy Nolan to investigate what suburban housing might look like if “design, long-term liveability and enduring materials were placed at the centre of the conversation”.

The result is two housing concepts, known as the Street Terrace and Canopy Terrace, which explore higher-density living while maintaining access to green space, natural light and privacy.

The designs incorporate adaptable floorplans that can evolve as family needs change, along with passive design principles intended to reduce reliance on mechanical heating and cooling.

Brett Ward, General Manager of Marketing at Brickworks, said the company wanted to broaden the discussion around housing beyond simply increasing supply.

“Much of the housing conversation today is understandably focused on supply and affordability, but there is an equally important discussion to be had about the quality and longevity of the homes we build,” he said.

“We wanted to explore how thoughtful design, combined with durable, resilient materials, could create homes that not only function well today, but continue to support Australian families and communities long into the future.”

Kennedy Nolan said the project was partly inspired by concerns that contemporary housing often struggles to adapt to changing household structures and environmental pressures.

The architects said innovation in suburban housing was “essential” to address changing family groupings, energy use, urban heat island effects and growing disconnection from place.

According to the design team, the concepts draw on lessons from some of Australia’s most influential housing projects while seeking to create neighbourhoods with stronger links to landscape, community and local identity.

Rachel Nolan, founder of Kennedy Nolan, said the practice saw an opportunity to reimagine suburban housing as something “more connected to our climate, our landscape, our communities and our Australian identity”.

The project comes as policymakers, developers and planners continue searching for ways to deliver more housing without sacrificing liveability, neighbourhood character or long-term sustainability.

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