During the past four decades in which home ownership among Australians aged 25-34 has sunk, in Singapore it has climbed.
AFFORDABILITY
Prices are expected to rise again in 2022 before falling in 2023 (although not enough to wipe out the gains of the current boom).
The Melbourne property market underwent something of a frenzy in October after a surge in new listings failed to quench demand following months of lockdown.
Buyers anxiously waiting for Australia's supercharged house prices to reduce will be disappointed, property experts have warned.
Australia’s property market has been identified as one of the least affordable in the world.
The median price for a house in Australia has reached a record high of almost $1 million, according to a new report.
While COVID border closures hamper property sales to international buyers, many Australians still struggle to break into the market because of rising prices.
Housing affordability in Sydney is expected to deteriorate to its worst level in a decade amid surging prices despite a rise in listings.
Exploding the myth that increasing supply will fix Sydney’s soaring house prices (Sydney Morning Herald)
Booming house prices and plummeting affordability are fuelling anxiety among Sydneysiders and bringing out the supply side “splainers”.
Australian Property Investor Magazine
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Rents across Australia took off in the last quarter but, strangely, rental yields actually fell.
When trying to grasp the many variables that will shape the property market in 2022, prospective investors are contending with a range of conflicting influences.
As the United Kingdom and United States experience a boom in foreign property investment, buyers from Asia and elsewhere are increasingly shying away from Australia.
Coastal and lifestyle suburbs, including luxury apartments, are showing no signs of easing up, according to developers and buyers’ agents.
Builders are turning to alternative construction materials to alleviate the massive carbon footprint being left by traditional structural constituents.
Westpac has become the first major bank this year to increase its fixed rates for owner occupiers and investors.
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Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
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Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
Thankfully, legal and sensible tax …
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