With property values starting to improve, astute empty nesters in Darwin are realising that now is the perfect time to downgrade from a spacious family home into a modern apartment.
Young Aussies fear being locked out of property market forever
Ben Peters lives with his parents, and has been saving to buy his own home for more than ten years. Despite a few misses at auction, his home ownership dream remains intact.
In the first three months of 2017, the Tasmanian real estate market recorded its highest number of sales since 2004, according to new data from the REIT.
Where is property price growth strongest around the country? Geraldton, Mermaid Beach, Kew, Karrinyup, and Burleigh Heads, according to Real Estate Investar.
Melbourne’s median house price recorded its fastest pace of quarterly growth since 2013 during the March quarter, smashing through the $800,000 barrier for the first time, according to new data from the REIV.
Housing affordability improves, but the problem remains
Housing affordability remains a significant national challenge despite the latest HIA Affordability Report showing an improvement in the early months of 2017.