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More Sydney suburbs now have a median house value of at least $2 million
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More Sydney suburbs now have a median house value of at least $2 million

This retrospective look at median dwelling values across Australia  highlights the deterioration of affordable housing across the capital cities over the past five years.  At the end of 2016, 7.6% of suburbs nationally had a median house value under $200,000 and 5.9% of suburbs had a median unit value below $200,000. To put these figures…

Will There Be A Crackdown On Capital Gains Tax Concessions?
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Will There Be A Crackdown On Capital Gains Tax Concessions?

The Australian Financial Review reported that the Turnbull government was planning a crackdown on capital gains tax concessions for property investors in order to “seize the mantle” on housing affordability and provide revenue to help replace soon-to-be-abandoned budget cuts.  The government’s policy backflip was scheduled to be unveiled in the May budget and comes after…

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