Aussie city reaches 14-year low outlook, Sydney is sinking further into the housing crisis, while the rest of Australia is experiencing growth in building activity. According to a new report from Housing Institute Australia (HIA), there is no sign of a "near-term rebound" in home construction. HIA senior economist Matt King explained that new home building in the Sydney basin remains...
Buying an off-the-plan apartment lets you create a stylish, personalized home from the beginning Personalize an off-the-plan apartment your way, Off-the-plan apartments offer a pathway to homeownership with benefits like government concessions, stamp duty savings, and lower deposits. Additionally, these homes give you more time to save and prepare before moving in, easing the financial...
Unseen factors driving Australia's rental crisis, A new report has exposed the significant impact of the rental crisis across various generations of Australians. Researchers from The University of Adelaide, University of South Australia, Swinburne University of Technology, and McMasters University collaborated on the study. The report warns that the number of older renters with limited...
“Unique” house on large traffic island for sale, Corner block properties rarely hit the market, but a house with triple street frontage is even more exceptional. One such unique property is Avondale, a Federation Queenslander located in the Brisbane suburb of Teneriffe. The home sits on a triangular wedge-shaped block of land, surrounded by roads on all three sides. As a result, the owner...
High rent hikes create long-term renters. Most renters aspire to own homes, but less than half believe they will ever be able to afford one. Recent data shows rents have increased at the slowest pace in three years, though they remain unaffordable. During this time, tenants faced rent hikes that impacted their ability to save money, buy food, or access healthcare. The Australian Housing and...
Downsizing your home can enhance your lifestyle, Imagine a home that aligns perfectly with your current stage in life – simpler, more manageable, and full of potential. For Australians nearing retirement, downsizing means figuring out how to fit all your belongings into a smaller space. It also involves managing your finances efficiently to enjoy a more comfortable and relaxed lifestyle during...
Melbourne suburbs where homeowners are selling now, This spring, Melbourne’s housing market offers buyers more options and sellers are facing increased competition, especially in certain areas. The higher competition is particularly noticeable in investor-heavy and mortgage-belt regions across the city. CoreLogic data reveals that the number of new listings in Melbourne was 3.4% higher than...
With stamp duty concessions available until October 2025, now is the perfect time to buy an off-the-plan townhome in Melbourne. Where to find townhomes under $900k Melbourne?, The Victorian Government has temporarily waived stamp duty on off-the-plan apartments, units, and townhouses, aiming to reduce upfront costs. This change is designed to speed up building processes and improve accessibility...
Why empty nesters are buying Sydney apartments, Traditionally, Sydney’s inner east has been seen as the domain of wealthy young professionals, often considered a trendy area. Suburbs like Surry Hills and Darlinghurst have shed their past reputations for seediness, now attracting affluent young buyers. These areas are now among Sydney's most sought-after neighborhoods for successful young...
Tiny flat renting for $113,000 weekly shocks, An inner-city unit in Clerkenwell, London, has left onlookers confused after being listed at an astonishing price. The one-bedroom apartment is available on Rightmove for £249,000 per month, or £57,577 per week, which is eye-watering. Converted to Australian currency, this equals a massive $489,000 per month, or $113,000 per week, which is even more...
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