Over the past decade, the Victorian government has attempted to tackle housing affordability by implementing countless measures, but the Victorian Planning Authority predicts home ownership rates will continue to decline.
Pimpama in south-east Queensland is Australia’s top 'housing hotspot', according to a new report from the HIA, with Cobbitty-Leppington in Sydney's south west coming in second.
"The majority of the growth in population attributable to overseas migration is occurring in the eastern seaboard states, which underpins the strong growth in these jurisdictions."