Units – homes of the future

A combination of population growth, a lack of housing stock, and higher borrowing costs means that the Australian dream of home ownership is becoming harder than ever before.
While many of us would define ‘home ownership’ as owning a house, this is a definition that’s likely to change as affordability worsens and we move towards higher [...]

How to get the most out of property renovations

Australians love a renovation. We spend billions every year on extensions and refits big and small. According to recent reports we’ve even overtaken America when it comes to the world’s biggest homes.
We renovate for two reasons – for the pleasure of reshaping and living in the home we want, and for financial gain.
This week, I [...]

Agents swamped by calls from storm-affected tenants

REAL estate agents are being inundated with calls from tenants hit by storm damage over the weekend.

Average houses will be worth $1,000,000 by 2019

Back in October 2009 I wrote a Yahoo7 column called Buying an Australian home – still worth it? I asked whether Aussie homes were still worth the sacrifice. One thing I examined was the financial pressure to buy – that is, people’s worry that if they didn’t buy soon they’d be forever priced out of [...]

How to survive an increase in mortgage rates

 
Today the RBA lifted official interest rates by 0.25% taking them to 4.0%. Last month the RBA governor Glenn Stevens indicated rates were around 1% below average and with economic activity and confidence up it is matter of when, not if rates will rise to 5%. Most pundits believe official rates will be at 5% [...]

YOUR SAY: Property flat out

THE market for top-end units and apartments in and around Melbourne’s CBD is back, driven by a quick recovery in the economy and a housing shortage.

Noise tests in building bid

BREWING giant Foster’s has joined Abbotsford residents and businesses fighting a proposal for 410 new homes in an industrial area off Victoria St.

INTERACTIVE MAP: Melbourne house prices bounce back

FIRST-home buyers have fuelled Melbourne’s property market, pushing prices up 9 per cent in the past quarter.

Homeowners riding high in City of Yarra

CITY of Yarra house prices have grown faster than in most other council areas in the past six years.

City house prices boom

CITY of Melbourne property owners have enjoyed the biggest house price growth across the metropolitan area in the past six years.

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