
End of Financial Year (EOFY) Tax Tips for Investors
Tax time. Nobody hears those words and thinks, “yay, it is the most wonderful time of the year!” But tax time can be rewarding, especially
Tax time. Nobody hears those words and thinks, “yay, it is the most wonderful time of the year!” But tax time can be rewarding, especially
Melbourne’s median house price has fallen by 5.6 per cent in 2022, a fall of around $60,000 from its highest point in December 2021.
When we look at house prices and trends, we generally look at average prices as whole across a city, and you don’t see the highs and lows of the average at a suburb level.
Median dwelling values were driven up nearly 30 per cent across the nation since the COVID pandemic struck and it put property out of reach of many buyers.
Australia’s two biggest cities, Melbourne and Sydney, have been long time powerhouses of the nation’s property market but are starting to lag behind.
Hot housing markets around the country look set to attract a crackdown from the Treasurer Josh Frydenberg.
House prices are still surging as the temperatures plummet but things could be cooling down in the market as well as the thermometer and it has little to do with recent lockdowns.
Moves in this year’s federal budget to try and improve housing affordability could end up making things worse according to some experts.
The property price boom around the country is seeing a rise in investor activity.
Melbourne has joined a host of other Aussie capital cities experiencing new median price highs.