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Page 32 of 168 • 1511 total articles

Housing Still Good Investment Forget doomsday predictions about property value drops and slowdowns, Australia’s property market value surged to a record $11.032 trillion in 2024. The total value of residential dwellings across Australia rose by 0.2% in the last quarter of 2024, according to the Australian Bureau of Statistics. ABS head of finance statistics, Dr […]

New More Affordable Despite the high level of taxes on new housing, buyers are spending less on new homes than on existing homes. Homebuyers in the ACT, Tasmania, South Australia, Western Australia and New South Wales are taking out smaller mortgages for newly built homes compared to existing properties. In the ACT, the average loan […]

Taxes Drive Up Costs Up to half the cost of a new home and land package is now made up of government taxes, fees and charges. Research by the Centre for International Economics says in Sydney that is equivalent to $576,000 on a new house and land package. The value of taxes and charges on […]

Cheaper To Buy Than Rent Tenants could keep hundreds of dollars in their pockets every month buying rather than renting a home in some suburbs. Analysis by Compare the Market shows the suburbs where weekly mortgage repayments are cheaper than weekly rents. In South Australia, buyers of apartments are better off than renters in metropolitan […]

Interest Rate Cap Call The Property Council is calling for government support to cap interest rates for Australians building their first new home. In the lead up to the Federal Election, it is calling for a First Home Buyer Accelerator Loan Scheme to be introduced. The scheme would limit deposits for first-time buyers of new […]

Higher Listings In Some Cities Property listings increased again slightly in some capital cities in February, giving buyers slightly more options to choose from. SQM Research data shows that total listings reached 429,325, which is up 2.3% from January 2025 and 4.1% higher than 12 months ago. According to SQM Research, listings are up 11.6% […]

Rent Affordability Worsens Rental affordability has worsened in the past 12 months, according to a new analysis of what tenants are now paying. The PropTrack Rental Affordability Index shows that tenants are paying the highest rents in New South Wales, while Victoria is now the most affordable state for renters. There is a glimmer of […]

Approvals Up, Building Not The latest housing approval figures are out, and if you are to believe the mainstream media coverage about it, houses will soon be popping up all over the place. Unfortunately, although the latest data does show that approvals for houses are up in January 2025, it won’t make much difference to […]

Rentvesting Rising Rentvesting is once again gaining momentum as first home buyers purchase where they can afford and rent where they actually want to live. Westpac’s latest Home Ownership Report shows more than 54% of first-home buyers are considering rentvesting for their first purchase. It shows investment is on the mind of many buyers with […]