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The national median house price has risen by a modest 0.3 per cent to $809,849 in October as the property market continues to cool.
CAPITALS
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A severe shortage of apartment rental supply could lift rents by a further 13 per cent in some inner city districts next year.
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Sydney is continuing to lead a home price rebound, as property values close in on a return to pandemic boom peaks.
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A lack of investors is partly to blame for Australia’s rental crisis, while investors already in the market are struggling to hold onto their rental properties.…
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In the blink of an eye, house prices have moved from ongoing decline to actually moving higher in the major cities.
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Property prices rise for the first time in 10 months but supply issues remain.
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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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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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Join Steve Douglas as he discusses:
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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.
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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.
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