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First home buyers are being priced out of Australia’s booming housing market, forecast to keep rising until affordability becomes a problem more broadly.
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The latest CoreLogic data shows Australia’s property market is firing on all cylinders, mirroring the last price peak seen four years ago.
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Older Australians allowed to draw on superannuation to fund property loans are being afforded an unfair advantage, a leading business academic says.
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Australia’s property markets are booming, yet it’s more important than ever to make sure you’re making the right investment decisions.
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Rich owners are raking in millions of dollars by reselling luxury homes as little as seven months after buying them.
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Two out of three told a recent survey that New South Wales prices will peak in the next six months, after rising more than 15% in 12 months.
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An NAB survey showed only 40 per cent of respondents believed now was the time to purchase real estate.
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Short hold periods are “a phenomenon of the rapid value increases seen in dwelling values,” Eliza Owens, CoreLogic’s head of research said.
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In a new phenomenon, regional real estate gains have leapt ahead of their capital city counterparts.
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Cabinet ministers and their opposition counterparts are riding the housing price boom even better than the general population.
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A staggering amount of Aussie property owners made a profit on reselling their homes in 2021.
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Dominic Perrottet, who has proved to be a big spending treasurer, declares New South Wales ‘dressed for success’.
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