Affordability improves, allowing first-home buyers into the market
The proportion of median family income required to meet average loan repayments declined during the September quarter across all states and territories, according to the September quarter edition of the Adelaide Bank/REIA Housing Affordability Report.
Chinese-born Australians prioritise home ownership: St.George research
"Chinese-born Australians consistently place a high importance around family, particularly with owning bricks and mortar," says St.George’s general manager for retail banking, Ross Miller.
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.
A new website, Living Green Star, is set to guide the growing number of home buyers on the hunt for sustainable apartments, communities and retirement living villages.
Regional property markets outpacing capital cities: CoreLogic
Regional property markets expanded 0.4 per cent during the three months to 30 November, while capital city markets gained only 0.2 per cent, according to the latest CoreLogic November Hedonic Home Value Index.