Property Affordability
ANZ: Housing Affordability Will Decline
The findings from the latest ANZ CoreLogic Housing Affordability Report found a deterioration in housing affordability due to rapid increases in house prices and rental costs. The report analysed housing affordability in the March 2022 quarter based on four metrics: Dwelling...
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Where Are The Most Affordable Places In Australia?
The ANZ CoreLogic Affordability Report analysed data from the end of the March 2020 and June 2021 quarters for more than 130 areas in Australia. The report shows a decline in housing affordability, creating a bigger challenge for first-home hopefuls. The report analysed data...
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The Goldilocks Zone – Where Millennials Are Buying Properties
Millennials are usually kept out of the property market when prices rise because it means they would need a bigger deposit. Since the pandemic has made remote working more common, many Millennials have found they no longer need to reside near Central Business Districts (CBDs)...
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House Prices Soaring: Rentvesting An Alternative For You
Australia’s top bankers and regulators have signalled that regulations could be in place in future with borrowers’ incomes as a key indicator. Australia’s rising property prices are currently being driven by a lack of stock and interest from a number of different parties,...
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Property Affordability In Cities Hit A Decline
Now that the economic distress brought about by the COVID-19 pandemic is fading, the property market in Australia has become a seller’s market. Buyers are currently looking for larger accommodations after their experience with the lockdown and a rise in remote working...
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bookmarkTags: migration, property affordability