Home buyers now need to be making a six figure salary to afford the mortgage on an average house or apartment in Sydney
SYDNEY
Australian house prices are rising at the fastest pace in 32 years.
Sydney home prices surged 3.6 per cent in March, the fastest monthly rise in 33 years, as buyers raced to take advantage of low interest rates and government in…
Coastal suburb property prices poised to rise by 23pc (https://www.afr.com/property/residential/coastal-suburb-property-prices-poised-to-rise-by-23pc-20210317-p57be8)
House prices in the affordable coastal suburbs near Sydney and the Gold Coast are tipped to climb by up to 23 per cent over the next two years.
More than one in six households in Sydney city and inner south are holding an apartment worth less than the mortgage balance.
Sydney, the country’s most expensive property market, has set new property price records, according to new CoreLogic data.
Sydney buyers are inundating the coastal property markets.
Australia's property prices are rising at the fastest rate in 17 years as historically low interest rates and restricted supply spur buyers into action.
The value of a typical detached house in Sydney will rise by another $120,000 by the middle of this year if price gains of the December quarter are repeated.
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Queensland has solidified its status as the location of choice for Australian property investors, who are becoming increasingly positive around the prospects of capital growth.
Renovators inspired by reality television shows and with access to funds are out in record numbers, but the rush to renovate is laden with potential pitfalls.
Struggling with the heat of the property market? Property expert Lloyd Edge has identified the most attainable suburbs in each capital city.
Faced with labour shortages and continued strong demand for new homes, construction industry figures are calling for an extension to HomeBuilder construction deadlines.
Western Australia’s peak real estate industry body has upgraded its house price forecasts for Perth, tipping home values will rise by 15 per cent rather than its previous 10 per cent prediction.
For first-time investors who feel like their dream homes and investment goals are out of reach, rent-vesting can be a viable option.
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