What is one skill that you wish you had learned at school? According to research results from Finder, many Australians wish they were taught more about money in school. A nationally representative survey of revealed almost half of Australians (46%) wished they’d learnt how to invest during their time at school, while 44% wish they’d…
Australia’s property prices increased at a record pace in 2021 with Domain’s latest quarterly house price report showing that the national median house price surged 25.7% and units by 7.7% year-on-year. But some suburbs outshone the rest. While the median house price in Sydney rocketed 33.1% to a new $1,601,467 median, those numbers were absolutely…
Soaring property prices, low supply, and high demand might be good news for prospective sellers and investors, but it’s making housing affordability further out of reach for first home buyers. Last year first home buyers benefited from a combination of historically low interest rates which boosted their borrowing power; a pause in investor competition for…
Since the coronavirus pandemic hit our shores, Australia’s property market has grown at an unprecedented rate. Closed borders, economic stimulus and low mortgage rates have driven demand for property sky high, with prices following suit. But now things are changing. Vaccination rates are high, lockdowns look set to be a thing of the past and…
Is this continued media cycle of mixed messages leaving you feeling a little confused? Well, standby. From the people that bought you the 40% house drop, the job keeper and mortgage cliffs and the last one out of the Cities turn the light off, comes… Reverse migration as sea and tree changes head back to…
Australia continues to push forward in its pursuit of gender equality, but when it comes to finances there are still significant gaps, a new report reveals. Finder’s new report, International Women’s Day 2022: Work, wealth and financial equality, reveals that several aspects of the gender finance gap are yet to be addressed, as well as…
Amid record house prices, rising demolition fees, and surging construction costs a new trend is emerging: free houses. Just last month, the owner of a 4-bedroom house in Kirrawee in Sydney’s Sutherland Shire advertised their property for free. But there’s a catch. It doesn’t come with the land it sits on. The 60-year old house,…
How much does a “typical” 4 bedroom home cost? Well not surprisingly, new research shows a whopping 1557% price difference for the same house in different Aussie suburbs PropertyPricer has compared the value of a typical four-bedroom house across three states and 12 suburbs – with surprising results. So what’s a typical home? Property Pricer…
Housing loans for investors struck a record high in January, as new figures showed the growth in Australian house prices was at its slowest pace since October 2020. The Australian Bureau of Statistics said loans for housing rose 2.6 per cent in January to $33.7 billion. Of these, owner-occupied mortgages rose one per cent to…
![Inflation Forecasts by Country in 2022 [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/11/inflation-270x200.jpg)
What will inflation look like in 2022? This is a question on many investors’ minds, isn’t it? Across several countries, inflation has hit its highest level in decades. Supply shortages and massive monetary stimulus have contributed to increasing consumer prices. Asset prices, including houses, have also risen significantly. The following infographic from Visual Capitalist shows…
