Mortgage Choice CEO John Flavell has told the Australian Financial Review there’s enough funding in the market to keep housing investors going despite lending cutbacks.
The heat is on state governments and banking regulators to take more heat from the property market after figures show house price growth more than doubled in the last three months of 2016 in Melbourne and Sydney.
The Victorian Government has axed stamp duty for first-home buyers on homes under $600,000 to help fight the housing affordability crisis, but will it have the opposite effect and push prices higher?
The biggest trend in Australian housing right now is for one-person households and demand is far exceeding supply.
The Victorian Government has moved to try and help property buyers who are struggling to get enough together for a deposit.
Stamp duty will be abolished for Victorian first-home buyers who are purchasing a home worth less than $600,000 in an effort to improve housing affordability.
A new tax that will hit owners who leave properties vacant is the latest in a suite of measures the Victorian State Government is introducing to combat housing affordability.
The Fishermans Bend urban renewal project is one of the key reasons Melbourne has been named as one of the top investment spots in the world in a new report.
The Victorian Government will rezone 100,000 housing blocks to create 17 new suburbs in Melbourne to combat housing affordability.
Melbourne was the nation’s strongest performer for industrial property in 2016, recording a 15 per cent increase in property deals for the year.
