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Banks will now allow home buyers to increase their borrowing capacity by taking into account the income they can earn by renting out a room to a relative or friend.
Banks will now allow home buyers to increase their borrowing capacity by taking into account the income they can earn by renting out a room to a relative or friend.
Rental growth for houses in Australia’s capital cities has finally reached a plateau. For the first time since 2019, combined-capital house rents remain unchanged for three consecutive quarters, according to
Construction is beginning to slowly rise again with apartments the dominate housing type to be delivered in 2025 and beyond. Although PRD’s Australian Economic & Property Update says even though
Home prices are continuing to rise throughout Australia, with new data showing that modest growth during March has driven prices up by 3.91% over the past 12 months. PropTrack data
Auctions are continuing to emerge as the selling method of choice, with new data showing the number of properties going under the hammer has soared in the past 15 years.The
Australia’s regional towns are powering ahead, with new analysis revealing that regional towns dominate the best locations to achieve an investment trifecta. REA Group has identified the top 37 locations
Australia added 484,000 people to the national headcount in the 12 months to September 2024. According to the Australian Bureau of Statistics, West Australia’s population grew by 2.5%, Victoria by
Almost 2500 homes were offered for auction throughout Australia’s capital cities last week, with a further 2000 to go under the hammer this coming weekend. The combined capital city clearance
The growth of Australia’s student accommodation sector could help ease the crisis in Australia’s suburban rental market. An additional 5,605 beds have been added since the start of 2024, bringing
Solid price growth throughout 2024 means the majority of people selling are achieving nominal profits. The latest CoreLogic Pain and Gain report shows that in the December quarter of 2024,
Land prices are continuing to rise throughout Australia with Adelaide now recording the most affordable capital city land in Australia. The median land lot price in Adelaide is $307,000 according
Australia’s regional cities continue to appeal to capital city dwellers with migration from cities to the regions outpacing movements in the reverse direction. The latest Regional Movers Index shows 32.2%