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It should be a buyer’s market, so why are property buyers holding back?
AFFORDABILITY
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New data shows Australians aren't earning enough to buy a home without mortgage stress.
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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.
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Unable to secure a rental in Perth’s overheated housing market, Chloe has been living in a van with her daughter, dog and two cats since October last year.
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A review commissioned by the treasurer and due to report to him by the end of March might recommend changes at the RBA.
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Affordability, appetite and low availability would drive the relative resilience of WA’s property market over the next year, according to REIWA CEO Cath Hart.
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House prices may be falling but bargains are few and far between, even in outer-suburban Melton where Laurel Maddalon bought her first home.
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Affordable outer suburbs are proving more resilient than pricier inner neighbourhoods amid the property market downturn, new figures show.
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Housing affordability has barely improved despite the property market downturn, although a handful of affluent areas are the exceptions.
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Home ownership is not on 34-year-old town planner Eric Smith's to-do list as soaring property prices push the prospect of buying a house out of reach.
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The next federal government is being urged to look to the northern hemisphere for possible solutions to Australia's housing and rental crises.
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Experts are asking why affordable developments can’t be built specifically for first home buyers, in the same way as retirement villages or over-55s seniors liv…
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