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Just 0.1% of Sydney homes and 2.2% of Melbourne homes are within budget for households earning the median gross household income of $90,792.
CAPITALS
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A new report has cautioned that a small rise in property values is likely just a blip and that the market is yet to bottom out.
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Australia’s property market has experienced a switch amid skyrocketing interest rates and a year of falling prices.
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Capital city prices fell 5.3 per cent last year, the biggest calendar year fall since the 2008 financial crisis.
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Most of Australia’s property market has been savaged this year, with the worst performing capital city down a whopping 6.44 per cent.
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Growth was forecast for Perth and Adelaide’s housing market because of a construction boom but elsewhere it's a different story.
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Property owners were more likely to sell for a loss in the September quarter than three or six months earlier, new data shows, as housing prices weaken.
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Prices of properties in regional Australian towns have slowed after hitting their peak in April 2022.
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Tenants across Australia are struggling to find a place to call home, let alone an affordable property, as rental vacancy rates languish at record lows, new fig…
Australian Property Investor Magazine
Latest Articles
New research has revealed the most in-demand suburbs across the country where as many as 500 potential buyers battle for each property, with the lists dominated by Melbourne and Adelaide locations.
As more Australians than ever sleep in tents and cars, the Chair of the National Housing Finance and Investment Corporation has declared Australian housing is facing its most crucial week in a generation.
In a wide-ranging keynote address to the UDIA National Congress 2023, one of Australia’s foremost financial advisors described how lenders are discounting heavily to retain borrowers, predicted a recession, and said late 2024 would be the time to invest in property.
While Melbourne's property prices are still in decline, buyers and real estate investors on a tight budget can still expect to face a daunting challenge.
Housing Minister Julie Collins has announced the government will work with the states and territories to extend the deadline for people to submit their Homebuilder documentation, while funding for homelessness has also been expanded.
With the expectation of an imminent recession growing, API Magazine details five commercial property investment opportunities that can withstand a serious economic downturn.
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Join Steve Douglas as he discusses:
- Global financial markets, issues & influence on our daily lives;
- Australian property markets, driving factors and has it peaked?
- International markets review & forecast;
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- Interest rates…
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.
You can also book a FREE 20 minute tax consult by emailing smats@smat…
Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
“The Government will replace the individual tax residency rules with a new framework that is easy to understand, provides certainty and reduces compl…
We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
• How Covid19 has impacted the Australian Government’s federal finances
• Measures the Government intends to undertake to reinvigorate the Australian economy
• Latest taxatio…
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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