As ABS data confirms that property prices are rising strongly in some cities, the minutes of the March Reserve Bank board meeting flags concerns about the "build-up of risks" in the housing market.
With Darwin's median house price sitting at just under $600,000, first-home buyers might find some good buying opportunities in the Top End city.
Should you wait until you’ve sold your place before checking out homes listed for sale? Or do you throw caution to the wind and buy that dream property first? Patrick Nolan, ME Bank's head of home loans, weighs up the options.
First-home buyers who use their superannuation to purchase their own home could end up with larger 'nest eggs' at retirement than if they continued to rent their whole lives, says the REIA.
Population growth has driven Darwin rental yields to 5.1 per cent, the highest in the country.
"Successful property investment shouldn't be a game of highs and lows, but a rather boring state of affairs that quietly creates wealth for you over the years."
Investors have historically outweighed first-home buyers, but the spread in market participation has never been this wide.
Strong growth in the number of properties available for rent could mean population growth is increasingly housed in investment properties, says Cameron Kusher, head of research at CoreLogic.
Strong returns are driving increases in property investment, not negative gearing, says Malcolm Gunning, president of the REIA.
The new Western Australian government must tackle housing affordability, says Hayden Groves, president of the REIWA.
© THE REAL ESTATE CONVERSATION 2014. All rights reserved.