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
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
These are the median weekly rental costs for residential accommodation in the major capital cities of Australia, at December 2020.
Sydney:
$550 Houses
$470 Units (Apartments, Town Houses etc)
Melbourne:
$440 Houses
$338 Units (Apartments, Town Houses etc)
Brisbane:
$425 Houses
$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?
Most cities have continued with increasing median prices, ranging from annual increases of … Read the rest
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
Property Sales throughout Australia for the week ending 30th May 2020
Victoria had a 75% Clearance rate from 130 Auctions. VIC auction results
There were also 810 Private sales.
New South Wales had a … Read the rest
I was reading about a Queensland couple who earn about $120,000 per year between them, and say that it will take them about 11 years to save a 20 per cent deposit for a house.
It made me compare two Queensland suburbs, both within commute distance … Read the rest
To answer that we need to define what a Boom is.
From the Cambridge Dictionary: “A housing boom is a time when the price of houses rises quickly“.
From Wikipedia: “A land boom is the rapid increase in the market price … Read the rest
Everyone talks about the average prices of Property in Australia, with prices near $1 million dollars often being thrown around, but are all properties really that high?
The answer is No. It varies in different areas of Australia.
There are many properties at … Read the rest
