Australians do not feel that now is a favourable time to buy property, according to a new study from Finder, as prices continue to skyrocket.
Katie and her husband will never make any more money than they do now, but already their dream of owning a home is beyond reach.
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The Reserve Bank believes residential construction activity will continue to fall until some time next year.
There are fears some cities in Australia are facing a looming housing affordability crisis as property prices explode.
Sales volumes in Victoria rose 60 per cent last week.
Australia’s unemployment rate ticked up to 4.6 per cent in September as a further 138,000 jobs were lost due to lockdowns in NSW, Victoria and the ACT.
The Commonwealth Bank will keep a close eye on the strength in the housing market, and will change its lending practices if needed.
The hope is new borrowing rules will take some steam out of house and property prices without giving the rest of the economy a whack.
Australian Property Investor Magazine
Market pressure has been forecast to intensify over the next 12 months on the New South Wales North Coast, consolidating big price gains already recorded in one of Australia’s most in-demand regional areas.
Western Australia’s regional markets are expected to continue their simultaneous upswing into 2022, with low stock levels driving annual price growth across the entirety of the state.
South East Queensland and outer suburban areas have dominated a list of Australia’s most contested property markets, where auctions are attracting hordes of active bidders, motivating sellers to start to mobilise.
Regional house price growth has been exceptionally strong over the past year, but knowing how to capitalise on this market and where to look as a prospective buyer is not always easy.
As competition for well-located properties intensifies, developers are increasingly seeking off-market opportunities to amalgamate sites. But what should you do if a property developer comes knocking on your door?
With rents around Australia at record highs, landlords have been facing a challenging balancing act in securing the best yield possible while retaining loyal tenants who may have experienced economic hardship.
Join Steve Douglas, Executive Chair and Julie Kelley, Sales & Marketing Manager as they answer your burning questions during the 'Australian Residency and Tax Changes & Implications To Expats' webinar.
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