Market Update: Australian Property Prices Rise as Investors and First Home Buyers Compete
Summary
Australian property prices are rising at their fastest pace in over two years, driven by record spring auctions and strong competition between returning investors and first home buyers. National home values increased by 1.1% in October and 6.1% over the past year, with all capital cities experiencing gains.
Key Points
- Price Growth: National home values rose 1.1% in October, marking the fastest growth rate in over two years. Annual growth reached 6.1%, with Perth and Brisbane leading the gains.
- Market Drivers: Competition is intense due to limited housing supply, first home buyer incentives, and the return of investors, who now constitute nearly 40% of new loans.
- Interest Rates: A November rate cut is unlikely due to higher inflation, but cuts are anticipated in 2026, which may further fuel price growth.
- Investor Activity: Investor lending is growing faster than owner-occupier lending, raising concerns from the RBA about potential market risks and price corrections.
- 2026 Outlook: Price growth is expected to continue but may soften to 4-5%, influenced by ongoing demand and supply constraints.
市场动态：投资者和首次购房者涌入，澳大利亚房价上涨
摘要
澳大利亚房地产价格正以两年多来的最快速度上涨，由创纪录的春季拍卖活动以及回归的投资者和首次购房者之间的激烈竞争所推动。十月份全国房屋价值上涨1.1%，过去一年上涨了6.1%，所有首府城市均出现增长。
关键点
- 价格增长：十月份全国房屋价值上涨1.1%，是两年多来的最快增速。年度增长达到6.1%，珀斯和布里斯班领涨。
- 市场驱动力：由于住房供应有限、首次购房者激励措施以及投资者回归（现在占新贷款的近40%），竞争非常激烈。
- 利率：由于通胀高于预期，十一月份降息的可能性很小，但预计2026年将会降息，这可能进一步推动价格上涨。
- 投资者活动：投资者借贷的增长速度超过自住业主，澳大利亚储备银行对此表示担忧，认为这可能带来市场风险和未来的价格调整。
- 2026年展望：预计价格增长将持续，但可能放缓至4-5%，这受到持续需求和供应限制的影响。
Original Article Link: https://www.abc.net.au/news/2025-11-03/investors-versus-first-home-buyers-flock-back-to-property-market/105943356