Well, the house price dip is well and truly history. Aussie home prices are on the brink of setting a new record. By the end of the year they will likely be more expensive than they have ever been before. We set a house price record back in early 2022,Continue Reading
Australia’s building sector is showing signs of recovery from a bumpy few months, with new data from the Australian Bureau of Statistics (ABS) revealing dwelling approvals increased seven per cent alone. New dwelling approvals increased seven per cent in August, according to the latest ABS building approvals released on Tuesday.Continue Reading
A house for sale in Sydney has been deemed so “dilapidated” that home buyers have been told they can only view the property in a ‘drive-by’ inspection. Described as a “blank canvas new home site”, the four-bedroom house, at 78 Alfred Street in Annandale, in Sydney’s inner west, has aContinue Reading
The total combined value of Australian housing rebounded to $10 trillion in the June quarter, up $325bn from March, after taking a hit during 2022 as the Reserve Bank delivered its punishing round of rate increases. The average price of residential dwellings rose by a further $25,200 in just threeContinue Reading
Australians took out more loans to pay for travel and holidays in July than they have in five years, new data has revealed. After thousands of Australians headed to Europe to escape winter and the cost of living crunch back home, the latest lending indicators released from the Australian BureauContinue Reading
One of Sydney’s most successful real estate agents has been charged with rape and sexual touching as a court banned him from attending open homes with female co-workers as part of his bail conditions. Omar Labibidi, 27, came in at number five in a News Corp article titled “50 realContinue Reading
The rental crisis in Perth has reached a fever pitch, but one property manager has claimed “below standard” tenants are partly to blame. Perth property manager and owner of SOCO Realty Ashleigh Goodchild has taken to TikTok to share that she felt “fired up” after reading an article about theContinue Reading
For many people, owning your own home is seen as the Great Australian dream and a key achievement to strive towards. Unfortunately, rising interest rates, skyrocketing house prices and the ever increasing cost of living means that dream is becoming harder and harder to obtain. The age at which AussiesContinue Reading
Australia’s worsening rental crisis is forcing women to stay in violent relationships, leaving them in a state of “perpetual crisis”, a senate inquiry has heard. Frontline workers and domestic violence advocates spoke in a hearing in Sydney on Thursday and pleaded for the government to increase rental assistance. Law ReformContinue Reading
A landlord Baby Boomer has opened up about the “guilt” he feels about the housing problems young Aussies are facing, saying his generation is responsible for their difficult situation. Gregory Leech, who has two Gen Z children, says Millennials are facing far more hurdles getting into the property market thanContinue Reading