A few years ago,buyers were snapping up properties sight unseen,but Melbourne’s market has since faced a string of hurdles.
Victoria wants to build 80,000 new homes on average every year until 2034,but grim construction figures show the state is already falling behind.
Sydney’s back lanes may look messy,but a Sydney architect has shown how a laneway block can double density and provide a Zen-like home that also screens out the neighbours.
The cost of making homes more sustainable and the banning of engineered stone have sent shock waves through the construction industry.
Dumped tents were thought to be abandoned,a senior Brisbane councillor said,as the city’s housing crisis continued to cause heartache.
The imbalance between demand and supply looks to be entrenched in the Perth property market and will continue to put upwards pressure on home values.
After interest rates rose at the fastest pace in a generation,home owners reviewing their mortgage are warned about betting against the house.
Rising mortgage repayments and the cost of living crisis are hitting household budgets harder in some neighbourhoods than others.
In periods when house prices were soaring,more property owners were enticed by the prospect of a quick flip. But now?
Only a handful of homes changed hands in a string of sought-after inner city postcodes and tiny neighbourhoods further afield over the past year.
Australians have witnessed the sharpest rise in interest rates in a generation,but the property market could have another surprise in store.