The average Australian household now carries a record high debt of nearly $250,000.
News
Sharp decline in investor lending betrays a cooling housing market
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01 December 2015
A dramatic decline in investor lending last month shows further signs of a cooling housing market.
Nearly 20% of investor-owned property was lying idle in Melbourne last year - and it hurts the economy
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01 December 2015
Investor-owned homes across Melbourne are sitting empty, as knew figures from a Prosper Australia study show there’s more idle houses and apartments than first thought.
Melbourne's north-eastern suburbs a shining light in end-of-year auctions
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01 December 2015
As the year comes to a close all eyes are on the city’s auction market as it engages in its end of year rush, and it’s the north-east suburbs catching plenty of attention.
Property prices fell in November across most capital cities
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01 December 2015
The price of property in most Australian capital cities has fallen over November, including Melbourne.
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