While the combined net worth of Aussie households is now $9.405trn, levels of private debt have also reached record highs
The advent of higher mortgage rates and tighter lending standards at a time of sky-high household debt could lead to unintended consequences, one analyst warns
The opposition’s housing affordability policy would pre-empt the government’s package in the May budget
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Australian housing demand hits an all-time high with demand for all dwellings jumping 17% over the past 12 months to September this year.
Experienced buyers know that vendors have different motivations for selling aside from money, and that includes privacy and timing.
After surging 56% over the past four years, property growth in Sydney is expected to fizzle and remain flat in the next three years, finally giving an end to Sydney’s housing boom.
Vacancy rates in Brisbane jumped ahead of Darwin in September rising to 2.6%, according to the latest rental figures.
The latest Housing Outlook Report by QBE shows improvement in housing affordability over the next three years, partly due to investors retreating from the market.
A sharp fall in house prices have given one capital city its most affordable property market in 13 years, according to the latest figures from the Housing Industry Association.
Housing affordability continues to worsen in the ACT, with its affordability index dropping by 1.5% during the September quarter.
Perth continues to be one of the most affordable capital city property markets, with the median house and rent prices slightly softening this September.
Despite falling by 1.8% over the month of August, residential dwelling approval figures remain strong, registering a 10.1% increase from last year’s figures.
Sydney is no longer hailed as the best place to buy and invest in Australia, according to a survey of 1000 property investors by the Property Investment Professionals of Australia (PIPA).
Capital city auction volumes and clearance rates increased substantially this week following a quiet auction market during the Labour Day long weekend.
Australians who are renting even in retirement are facing more financial stress than those who own their homes, a new study has revealed.
A new survey of home buyers by UBS revealed that more than one in four home loan borrowers aren’t completely honest when applying for a mortgage.
Steep rises in value during the construction period have prompted many buyers of off-the-plan Sydney apartments to resell their units, earning profits of as much as 40%.
Sydney CBD core prime office yields hit a nine-year low at 5.2% in the September quarter, according to the latest Market Flash highlights from CBRE.
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