As property prices fall across the country the number of sellers making a profit on their property sale continues to slide, with some suburbs and property types taking a downward trend quicker than others. Recent CoreLogic data shows that the number of properties selling at a loss has increased sharpest in Sydney and Melbourne. WhichRead More
Melbourne’s property market enjoyed a boom in buyer activity during the past two pandemic years as cheaper borrowing caused a boom in demand at a time when supply was already thin on the ground. And data shows that it was the cities with a clear lack of available properties to purchase where prices rose theRead More
Prices in Melbourne’s property market went backwards in May after the Reserve Bank of Australia raised the cash rate for the first time since November 2010. But median property prices are still high versus household income across most of the city’s suburbs. And that’s thanks to historically low interest rates, government incentives, pandemic-induced interstate migration and historicRead More
Data analysis by Domain has revealed the top 5 best value suburbs within 10km of the CBD, in Sydney, Melbourne, Brisbane, Adelaide, and Perth. Here’s the full list for each major Australian city. Sydney Sydney’s property market is the most expensive across the country, with a median house price of $1.6 million and more thanRead More
When you’re raising a family, your needs evolve and what you want out of a home is quite different from the things you held dear previously. Living in an area with a local coffee shop where the barista knows your name might still rank towards the top of your list. But other property features, suchRead More
