Building a new home is all rage in Australia right now while government grants and record low interest rates provide fertile ground.
The dire situation with COVID-19 in places like the USA and UK is seeing Australian expats keen to get out and return home throwing big offers on luxury property without even seeing them.
Landlords in Melbourne can’t get tenants right now while those in the regions can’t keep up with demand in this crazy COVID year.
The two key stats that will be raising eyebrows are the falls in number of days on market before sale and falls to price discount levels.
House prices are now rising in all Australian cities despite the world still being in the grips of a pandemic.
Buy now, pay later tech companies have been booming, with nearly two million Australians using the service on general purchases and now a new platform extends the idea to property.
Australians are cashed up after saving their pennies during lockdown and will be ready to buy property in 2021, no doubt sending house prices skyward.
House prices nationally in Australia rose for the second consecutive month in November.
Treasurer Tim Pallas says stamp duty will be halved for new homes and cut by 25 per cent for existing homes as of now through to June 2021.
Former Reserve Bank governor Bernie Fraser is leading a new push to look at letting low-income earners and first homebuyers dip into their super to buy a home.
