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Owners are choosing to stay put, rather than sell up and move, in part because the costs associated with buying and selling are so high.
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Women are increasingly turning to property to provide financial security through different stages of their life.
First-home buyers are prepared to compromise on trendy neighbourhoods, safe streets, and proximity to work and public transport in order to get their foot on the property ladder, according to the findings in the 2017 Westpac Home Ownership Report.
Renovating is a high priority for an increasing number of home owners, according to Westpac's latest Home Ownership Report.
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