Housing affordability driving buyers away from capital cities
Long-time residents are moving away from capital city suburbs, with many shifting to regional Australia, according to analysis by buyers’ agency, Propertyology.
Perth micro-lots a welcome addition to housing stock: REIWA
The REIWA has welcomed the addition of micro-lots to Perth's housing stock, saying they offer an alternative to the city's traditional housing and high-density inner-city homes.
First-home buyer numbers are up but affordability worse: REIA / Adelaide Bank report
New Research from the REIA and Adelaide Bank shows the number of first-home buyers in the market increased during the December quarter, even though housing affordability declined.
Peppermint Grove, Perth, Australia's least affordable suburb: Bankwest First Time Buyer Report
The average Australian will have to save for 4.6 years to save enough for a 20 per cent deposit on a median-priced home, according to Bankwest's First Time Buyer Report.
Even owners would be happy to see property prices fall
New research from ME Bank has revealed that 24 per cent of home owners and 20 per cent of investors would like to see property prices fall, revealing a perception in the market that house prices have risen to such heights they are now "unfair".
Shane Kempton, Chief Operations Officer for Professionals in Western Australia and the Northern Territory says there has been a significant increase in the number of properties for sale on main roads in Perth over the past two years.