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More homes and less property investor activity has seen Victoria’s capital rise up the affordability rankings.
FIRST HOME BUYERS
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First home hopefuls have been out in force on the first weekend since a government assistance scheme expanded.
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Just days after the scheme rolled out this week, buyers, brokers and agents warned they were seeing signs of a hyper-competitive market for entry-levels homes.
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While it might appear as if a big slice of the population is getting a leg-up, the RBA has warned the government’s housing plan will have its own consequences.
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Treasury estimates new policy will only add 0.5 per cent to home prices over six years, but some experts disagree.
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Pressure on first home buyers heightens as investors target lower-priced homes and more affordable regions.
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Is it better to buy a property in Australia, or rent and invest?
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Gen Z and millennials are increasingly turning to co-buying homes with friends or family.
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Backed by favourable tax arrangements, property has been such a lucrative moneymaker over the past quarter century that affordability has deteriorated.
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Ashleigh Pullin and James Mashiter are looking to buy their first home but have found properties are getting more competitive and expensive.
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The 2025/26 Queensland budget was handed down on June 24 2025 and contains a range of significant wins for the property industry.
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Domain is forecasting Australian property prices to jump to fresh record highs in 2025-26, creating more pain for first-home hopefuls.
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