Month: May 2023

The Australian property market has been a topic of debate for many years, with many experts weighing in on the various factors that affect it. One of the current debates centers on the impact of low numbers of house starts leading to an undersupply of properties. This, combined with the forecast of high immigration levels, …

Property Markets to Boom due to Low House Starts and Immigration (Again) Read More »

As Australia’s housing crisis deepens, governments at all levels are being called on to help. The federal budget will be handed down today, and housing will be a key talking point. The current public debate about housing is focused on “silver bullet” solutions. What is needed instead is a comprehensive package of bold interventions, coordinated between …

Australia’s housing crisis is deepening. Here are 10 policies to get us out of it Read More »

Aussies can get relief for close to half of the Reserve Bank’s (RBA) interest rate increases by refinancing their home loan, according to new research. The RBA hit households with a 0.25 per cent hike yesterday, bringing the official cash rate to 3.85 per cent. The hike means borrowers with a $500,000 loan over 30 years will now be …

Best home loan rates: Save $488 a month Read More »

Property prices across the country look to have bottomed out after new data showed prices rose for a second consecutive month. The median price to buy a home in Australia is now $709,130. In Sydney the median home price is $1,031,138, in Melbourne it’ll cost you $751,125 and $705,016 in Brisbane. CoreLogic’s Home Value Index (HVI) increased …

Aussie city suburbs where property prices are growing Read More »

The Albanese Labor Government will help more Australians into home ownership sooner through a significant expansion of criteria for the Home Guarantee Scheme.  Eligibility criteria for all elements of the scheme – including the First Home Guarantee, the Regional First Home Buyer Guarantee, and the Family Home Guarantee – will be expanded as the Government …

Helping more Australians into home ownership Read More »