The Liberal leadership turmoil this week is making a Labor victory at the next election increasingly likely, so what would that mean for the property market?
A new report has found renters need to be earning $130,000 a year to be able to afford to rent a three-bedroom house in inner-city Melbourne stress free.
Australia’s housing market has emerged as two firmly split opposing forces according to the Housing Industry of Australia’s principal economist.
The demand for Australian student housing is set to boom in the coming years and it presents an opportunity for property developers.
The founding chairman of the Australian Competition and Consumer Commission – Allan Fels – says the corporate regulator is too soft in fighting bank misconduct.
Things can turn around pretty quickly in the property game, it wasn’t that long ago that prospective buyers were throwing money at vendors for fear of paying more if they waited as prices rocketed.
The property market in Melbourne is cooling and it should prick the ears of potential buyers with prices sliding, and according to the experts the key to making a good buy is all in the timing.
New housing construction is set to drop significantly over the next few years with housing starts to fall over 20 per cent.
Melbourne house price growth has slowed to its lowest rate in nearly six years and in Sydney house prices have fallen at their fastest rate in decade.
Uncertain vendors in Melbourne and Sydney are taking the opportunity to sell before auction at an increasing rate.
