First-time home buyers who have been locked out of the property market where they live are buying houses in other states and becoming landlords instead. Karen Nguyen, who is in her 20s, works full-time for a tech start-up and is one of those young Aussies who has gone interstate toContinue Reading
Just when you thought the property market could not get any worse, one real estate agent has listed a house he admitted is the worst presented home he has ever shown. The home, located at 19 Ryland Rd, Kelmscott, in Perth’s southeast, was described as “dirty” by O’Neil Real EstateContinue Reading
Queensland Treasurer Cameron Dick has handed down his fifth budget, revealing a raft of cost-of-living relief measures for Queenslanders to the tune of $11.2bn. A major feature is a $1000 rebate on electricity bills that will be coupled with a $300 rebate announced by the federal government and paid quarterly.Continue Reading
Australian Baby Boomers have revealed how much they bought their first homes for and whether they really think it is more difficult for young people to get into the property market today. The older generation of homeowners were stopped on the streets of Sydney and asked how much they paidContinue Reading
Accessing quality education is front of mind for families deciding where to live amid the cost of living crisis. According to real estate experts, choosing a suburb with a preferable school zone is one of the major determining factors when choosing where to buy in Australia. Exclusive analysis has revealedContinue Reading
Footage from a record-breaking $8.6 million auction in Strathfield in Sydney’s inner-west has sparked heated reaction online, amid suggestions that Australia’s property market is being flooded with foreign cash. But the agent who sold the property has now revealed that the buyer was a “local”. The “uber-luxury” five-bedroom, six-bathroom homeContinue Reading
Heightened tensions in the Middle East and fears over China’s economic downturn have led Australia to make cuts to its international economic forecasts, with Treasurer Jim Chalmers warning of a “fraught and fragile” global outlook ahead of the May budget. The budget has upgraded forecasts for China’s GDP growth toContinue Reading
As explosive house price growth continues to burn through Australia’s major cities, a shrewd new trend is taking hold that allows home buyers to get their foot on the property ladder without sacrificing an up-market lifestyle. Called ‘Rentvesting’, it’s the strategy to buy a property in a comparatively affordable suburbContinue Reading
One in five of first home buyers bought their first properties last year for the sole purpose of renting it out, with one state dominating the market for the first month of the new year. New data from home loan and broker network Lendi has revealed the new trends ofContinue Reading
One in five of first home buyers bought their first properties last year for the sole purpose of renting it out, with one state dominating the market for the first month of the new year. New data from home loan and broker network Lendi has revealed the new trends ofContinue Reading