Wealth as safe as houses in Australia
Despite falling values over the past year, housing is still the backbone of national wealth
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Residential real estate is the foundation of Australia’s wealth, new data released by CoreLogic reveals.
The Monthly Housing Chart Pack shows residential real estate in Australia is far and away the main source of wealth, worth $9.4 trillion. This compares with $3.4 trillion for superannuation, $2.8 trillion for Australian listed stocks and $1.3 trillion for commercial real estate.
The results show that despite a recent downturn in national dwelling values over the past 12 months with a fall of -8.0 percent, housing still represents the most valuable source of wealth.
While the decline in values represents the greatest fall on record, there are signs that values are once again on the increase. CoreLogic reports that national values rose by 0.9 percent over the 28 days to April 6, driven by a lack of advertised stock, a tight rental market and demand from overseas migration.
Sydney experienced the greatest decline over 2022, with a drop in values of -12.1 percent, following a record high in January 2022. It is also leading the recovery, up 1.4 percent in March. This is followed by Melbourne and Brisbane, who have seen modest but steady improvements in values over March. Adelaide and Perth have proven to be less volatile markets, with Adelaide values -2.4 percent their record high in July 2022 and Perth -0.4 percent lower off their peak, also in July last year.
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Citizen Kanebridge member Marcel Zalloua delivered a standout result in Tigani Motorsport’s Mercedes-AMG GT3 Evo, backed by Robb Report Australia & New Zealand and Citizen Kanebridge.
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Sydney’s night sky lit up with speed and precision when Tigani Motorsport’s Mercedes-AMG GT3 Evo charged to a second-place finish in the Pro-Am class during Race 1 of the GT World Challenge Australia at Sydney Motorsport Park.
Behind the wheel was entrepreneur and Citizen Kanebridge member Marcel Zalloua, partnered with Supercars regular Thomas Randle in a formidable one-off pairing that impressed from the outset.
The result marks a major milestone for Zalloua, a returning driver with previous success in the Am class, and continues Tigani Motorsport’s strong form in the 2025 season.
Zalloua is part of Citizen Kanebridge, an invitation-only club based in Sydney.
The club curates exclusive events, thought-leadership forums and networking opportunities for high-achieving individuals across investment, innovation and entrepreneurship.
The sleek #44 AMG GT3 Evo also sported a high-end lineup of sponsors, including Robb Report Australia & New Zealand and Citizen Kanebridge, alongside other premium backers — all part of a strategy to align the vehicle with luxury, performance and lifestyle excellence.
Race 1 saw the Zalloua-Randle duo execute a clean, strategic drive to claim the podium, with the car showing strong pace under lights.
Although Race 2 proved more challenging with a ninth-place finish in class, their combined effort across the weekend delivered valuable points to Tigani Motorsport’s championship campaign.
Tigani Motorsport continues to cement itself as a serious contender in the GT racing scene, with smart driver pairings, high-calibre partnerships, and a commitment to performance both on and off the track.
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