The Latest Breaking News from Tim Lawless

Australians earning average incomes are now unable to afford houses in capital cities without immediately being thrown into mortgage stress.

Australian shares rise to their highest level in three weeks, while oil prices surge after a surprise decision by Saudi Arabia and OPEC nations to cut production by more than 1 million barrels per day, and Scott's Refrigerated Logistics is now in liquidation.

Not all capitals recorded an increase in values.

Use our interactive map to view your suburb.

There are 44 auctions scheduled across Newcastle and Lake Macquarie this week.

This week is typically considered one of the peak times for property listings.

A developer is lobbying to officially change the boundary between two western Sydney suburbs to offer potential buyers a more sought-after — and expensive — address.

Property prices across Australia’s three largest capitals inched up over the first half of March in a sign positive momentum is building.

Australia records its largest decline in house and unit values, according to CoreLogic data, with a drop of 7.9 per cent in a year.