Victoria Rental Report statistics – June quarter 2021
The June quarter 2021 Rental Report indicates that over the previous quarter the median rent in metropolitan Melbourne reduced by $5 per week to $395 per week but in regional Victoria it increased by $10 per week to $360 per week.
… Read the rest
Petition EN2793 – Make tiny house living legal.
This is a petition that has been put forward to the Australian government to request that living in Tiny Houses on wheels, the same as living in a Caravan, be treated as a Permanent structure would be treated.
Currently, the rules … Read the rest
Foreign Purchasers of Australian property.
When foreigners purchase property in NSW, they are subject to surcharges in addition to the normal duty payable on property purchases.
These surcharges do not apply to Australian citizens.
They do apply to foreign persons, including foreign individuals, corporations, trusts and governments.
What is a
… Read the rest
Median Australian Dwelling Values at 30 April 2021
The median value of Australian dwellings, as at 30 April 2021, was $624,997. This is a rise of 7.8% over the year.
The median for all Capital Cities was $705,375, a rise of 6.4% over the year.
The median for all Regional … Read the rest
Australian Property Stamp Duty for Foreign Buyers in 2021.
If you are not an Australian Citizen, or do not hold Permanent residency, you may be treated as a foreign citizen when buying a House in Australia.
You are a foreign individual if you are not an Australian citizen or permanent … Read the rest
Median Rental Costs in Australia, 2020.
These are the median weekly rental costs for residential accommodation in the major capital cities of Australia, at December 2020.
$470 Units (Apartments, Town Houses etc)
$338 Units (Apartments, Town Houses etc)
$400 Units (Apartments, … Read the rest
Earlier this year, in May 2020, there were statements that property prices could drop by 20%.
This caused a lot of excitement for prospective buyers at the time.
What has happened though?
Australian Property Prices still Rising.
Most cities have continued with increasing median prices, ranging from annual increases of … Read the rest
The $25,000 Home Builder grant.
The HomeBuilder grant can give people a grant of $25,000 towards building or buying a new home or even to make substantial renovations of an existing home that they will own and live in.
There are some conditions, and one is that you must be … Read the rest
Australians are ditching capital cities in droves as the housing affordability crisis continues, with millennials making up a large cohort of the outflow, new research has revealed.
Property prices in the Capital Cities are proving to be much higher than in regional areas, yet still not too far from the … Read the rest
Australian Property Sales in May 2020.
Property Sales throughout Australia for the week ending 30th May 2020
Property Sales in Victoria.
Victoria had a 75% Clearance rate from 130 Auctions. VIC auction results
There were also 810 Private sales.
Property Sales in New South Wales.
New South Wales had a … Read the rest