Multinational firm PricewaterhouseCoopers says letting property purchasers to decide whether to pay stamp duties upfront or land tax in smaller instalments could help with housing affordability and mobility.
It looks as though the Federal Government may offer exemptions from new superannuation limits to retirees who downsize their home.
Across the city, the median price has jumped by 7.6 per cent in the first three months of the year – that’s the strongest quarterly growth since 2013.
Despite fears negative gearing is unfairly advantageous to wealthy investors, the Property Council has released figures showing most investors negatively gearing earn less than $80,000.
Domain Group has released data showing the Melbourne suburbs with the most properties for sale in March, giving buyers an insight into the areas that have the most choice on offer.