Australia Housing Market Stability: Low Mortgage Arrears and Minimal Negative Equity Explained
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What is the main topic discussed in this episode?
It's the Real Estate Podcast, brought to you by ANZ Home Loans for financial well-beings.
And it's your real estate breakfast across this Easter long weekend. Yes, unpacking what's really happening in the Aussie property market and another big Saturday property show coming up, including diving into the economy. Is it proving more resilient than expected? Plus, first home buyers are rising rates and cost pressures starting to really affect and bite you and bite you hard. We'll also take a look at investors. How are you balancing higher holding costs against tight rental supply? And if you're thinking of selling, a quick reminder here that we're not a real estate agency, but we do have a trusted, curated network of top performing agents across the country. Choosing the right agent is always a bit of a challenge.
There are plenty of them, plenty of agencies, but they're not all equal. And because we speak with leading agents and award winning principals nationwide, we're we can help simplify that decision. All you've got to do is just email us at myrealestatepodcast at gmail.com. Tell us your area that you are in and we will connect you with the right people. As easy as that. On this Saturday morning, April the 4th, Robert Downey Jr. is celebrating his birthday with you. If you're celebrating today, he's turning 61. Heath Ledger. Can you believe it? He would have been 47 today. Hugo Weaving also celebrating a birthday turning 66. And on this day, back in 1975, Microsoft was founded by Bill Gates and Paul Allen. And it was on this day in 1983 that the Space Shuttle Challenger makes its maiden flight.
Now I want to talk about the Sunshine Coast, one of my favourite destinations. It is transformed from a string of quiet coastal villages into one of Australia's most desirable lifestyle markets.
What indicators show the stability of the Australian housing market?
Originally it was built on agriculture, timber and small beach communities and it has evolved through tourism in the 1970s and 1980s. Today, infrastructure, we've got population growth and interstate migration have completely reshaped the region into a thriving property hotspot, blending lifestyle appeal with economic expansion. making it a key destination for both homeowners and investors. Many holidaymakers are there right now for this long holiday weekend. So if you are on the Sunshine Coast, enjoy as we take you up the road and into Brisbane to catch up with Asti Mariasmo from PRD. And you have often... spoken about the Sunshine Coast because of the way that it has blown up with these property values since COVID.
And good morning to you, Asti.
Good morning. The Sunshine Coast, like you have said, have transformed itself. It's no longer just tourism. We now have so many different businesses that have set up shop in the Sunshine Coast and big banks, big businesses as well. And of course, we can't forget that Sunshine Coast is one of the homes of the Brisbane 2032 Olympics and Paralympics Athletes Village.
How are rising interest rates affecting first home buyers?
Of course, there's more investment into upgrading the infrastructure, the roads, you know, there's more oomph in the Sunshine Coast more than ever before.
Plenty of oomphers, right? That is an understatement, isn't it? Let's have a look at Australia's economy this morning, because is it holding up better than many expect it? Fewer than 1% of households are in negative equity and mortgage arrears, both for 30 and 90 days, remaining below 1.5% as it trends down into our 2026th. So Asti, is that telling you that the foundation of the real estate market is still very stable?
What challenges do investors face in the current market?
It definitely tells us that we are in a better position than a lot of other countries and that we are having that more solid foundation. And that basically comes off from the fact that we had three cash rate cuts in 2025, which meant that during that time, we actually had an increase of people putting more money into their mortgage offsets. Because obviously, you know, we have households being able to save a little bit more on their home loan repayments. What many households have done is that they have put it into their mortgage offset.
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Chapters
4 chaptersSpeakers
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