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Hot East Coast Suburbs

November 5th, 2020
The east coast of Australia is the nation's true heartland, with the combined population of Queensland, New South Wales, Australian Capital Territory, Victoria, and Tasmania representing 81% of Australia's population. Large property markets exist in all state capitals, with Sydney, Melbourne, and Brisbane accounting for the vast majority of market share. Prices across most cities have remained strong despite the COVID-19 pandemic, with median house prices across capital cities up 4.6%, and median unit prices up 2.2% over the year.

According to the latest Domain House Price Report, there has been major discrepancies between state capitals and regional areas over recent months. While Melbourne has been through a number of challenges due to the COVID-19 pandemic and shutdown response, prices are holding despite a significant number of Victorians interested in moving to other states. Increased interstate activity on realestate.com has come from a number of inner and affluent Melbourne suburbs, including Malvern, Hawthorn, Northcote, Richmond, and Brunswick.

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Water Found on the Moon

November 2nd, 2020
After years of searching, NASA has found evidence of liquid water on the Moon. Two separate studies have been published in recent days, with water found deep in polar craters and predicted in polar "cold traps". While scientists have long suspected there to be water on the Moon, it is now almost certain and possibly much more widespread than previously thought. These new findings have a number of positive implications or the future of lunar exploration, with water possibly useful for resource e [...]

Which City has the Cheapest Homes

October 19th, 2020

Australian property prices continue to fluctuate in response to global economic challenges and local pandemic conditions. Capital city and regional prices have been revealed for September, with Melbourne housing values largely subdued and other states performing better than expected. There is a sharp discrepancy between relative value and growth in some locations, as different Australian cities wake from their slumber […]

What Low Migration Means for the Economy

October 16th, 2020

Australia has always been a land of migration – a place where people come to dream big and work hard for a brighter future. The COVID-19 pandemic continues to rewrite the Australian story, however, with international borders mostly closed and migration-based economic growth severely disrupted both now and into the future. Australia’s economic prosperity can no longer rely on population […]

Medical Apps on the Rise

October 14th, 2020

COVID-19 has changed everything in 2020, with social distancing, isolation, and lockdowns the new normal for millions of people around the world. Placed front-and-centre in this global crisis, the healthcare sector continues to evolve to meet the numerous challenges posed by the pandemic. Remote medical apps and self-monitoring services represent a new and exciting development, as COVID and healthcare patients […]

Returning to the Moon

October 12th, 2020

Man first went to the moon in 1969, and the Apollo lunar flights ended way back in 1972. Over the last 48 years, there has been little interest in going back to the moon, with money and politics mostly responsible for the lack of ambition. All that is about to change, however, with the NASA Artemis Plan focused on putting […]

The Next Generation of Household Gaming

October 6th, 2020

The next generation of household gaming is almost here, with both Microsoft and Sony set to drop their new consoles after a very long wait. The Xbox Series X and PlayStation 5 are set to launch by the end of the year, as keen gamers do their research and save their funds in anticipation. There’s a lot of things to […]

The Global Vaccine Race

September 14th, 2020

The global search for a COVID-19 vaccine is well underway, with research taking place across the world and at least six advanced clinical trials likely by the end of the year. The first human trials began way back in May and the promising Oxford vaccine has already proved an immune response in trial participants. Research and deals into potential vaccine […]

House Price Growth Exceeds Wages

September 11th, 2020

The Australian economy continues to feel the effects of COVID-19, with the virus and virus response likely to affect every aspect of the economy for years to come. While far from immune, the housing market has been fairly strong in the face of very significant challenges. According to recent data, house prices have outperformed wages over the past financial year […]

Online Retail Sales Surge

September 7th, 2020

Household spending habits have changed dramatically during the COVID-19 pandemic due to lockdowns and social distancing. While most businesses in Australia and New Zealand are struggling to pay the bills, online retail sales are booming as people migrate from the high street to the virtual shopfront. Online retail sales were up 62.6% for the year in Australia, with online sales […]

Shrinking Economy Creates Mortgage Stress

September 4th, 2020

Australia’s shrinking economy continues to create stress, with weakening commercial and employment conditions forcing the nation’s first recession in many years. The pandemic is heaping pressure on every part of the economy, as new data from Digital Finance Analytics (DFA) highlights the struggle felt by many mortgage holders. Australian households are under very real mortgage stress, including 1.5 million people […]