Rental prices for units have skyrocketed since COVID-19 lockdown,and house rents have jumped too. Is any relief in sight?
Plans to move out of the city and buy a home in the regions come very close to stacking up - if workers can pull it off.
Potential home buyers are facing sky-high savings goals unimaginable even a decade ago,and looking for solutions to bridge the gap.
Amid a widespread rental crisis,a handful of neighbourhoods bucked the trend.
Since mid-last year,local economic conditions,plus the affordability and lifestyle factors,have sparked a turnaround in property in regional Australia.
Prices rose 53 per cent in the past three years – and didn’t go through a downturn like other kinds of property.
Home buyers who managed to squeak into the property market during a narrow window of time a few years ago would not be as lucky today.
Women are more likely to own a home than men,but still face greater difficulty breaking into the property market,a new report shows.
House prices are overvalued by as much as a third in some cities,but experts warn they are unlikely to fall back to a fairer level.
Buying a home used to be within reach of most workers,but a yawning chasm has opened that will likely continue to grow.
Household finances are under pressure,consumers have been downbeat,and the key hurdle to achieve home ownership has worsened.