Having finally stared down Greens resistance in the final sitting week of the year, the Albanese government looks set to tick off the last of its 2022 housing commitments in need of parliamentary approval. Like most of Labor’s other housing measures, the Help to Buy and Build to Rent tax reform initiatives are rather narrowly…
Alex and Sarah are like many young professionals in their early 30s—busy building their careers and dreaming of starting a family in the perfect home. But when it came to buying their first family home in Brisbane, they quickly found themselves overwhelmed by the competitive property market. For over six months, their weekends were swallowed…
Using a buyer’s agent for an investment property purchase is becoming more and more common by the day. That’s because savvy investors understand that it pays to work with experts to secure the very best investment-grade properties. However, using a buyer’s agent to buy your home is not so well understood. That’s mainly because many…
You’ve done your research, found the perfect property, exchanged contracts, and waited patiently throughout the settlement period. Now there is just one last hurdle: the pre-settlement inspection. So you shouldn’t assume that the property is in the same condition in the week leading up to settlement as when you exchanged contracts; you need to inspect…
Australia is facing a housing affordability crisis like never before, with the latest data from the PropTrack Housing Affordability Report painting a stark picture of the challenges Australians face in buying a home. According to Paul Ryan, Senior Economist at PropTrack, affordability has now reached its worst level on record. This is not just a…
Australia’s housing market is facing unprecedented challenges, with no clear end in sight. Since 2020, rents have risen by 35%, vacancy rates have hit rock bottom, and the supply of new homes is woefully inadequate. The projected shortfall of 257,000 new homes over the next five years is not just a number—it’s a clear signal…
Will you stay in a relationship just to save on housing costs? Well, a Finder survey of 1,049 respondents revealed almost 1 in 5 (17%) have remained living with an ex-partner after breaking up due to affordability concerns. The research found that 4% – equivalent to more than 800,000 people – are currently living with…
As the spring selling season kicks off across Australia, there’s an undeniable shift in buyer preferences. With auction volumes soaring and new listings at their highest level since 2022, Aussie homebuyers are making their wish lists more specific than ever. So, what are buyers craving in the homes they’re inspecting this spring? According to new…
Australia has long been one of the most expensive places in the world for buying a house. Now, it’s apparently also one of the costliest places to sell one. Recent reporting in the Guardian has raised concerns about the market dominance of Australia’s two main real estate advertising websites, realestate.com.au and Domain. Facing little competition,…
Buying your first home is a thrilling milestone, but it’s also a journey that can be filled with a mix of excitement, stress, and plenty of decisions. Whether you’re eager to get on the property ladder or you’re taking your time to find the perfect place, being prepared is key to making a smart investment….