Property

Aussie retirees forced into share houses as super runs out 'Pension doesn’t pay the rent'

Aussie retirees forced into share houses as super runs out: ‘Pension doesn’t pay the rent’

The amount of young students in share houses has fallen 20 per cent, while the number of people aged over 65 in share houses has gone up 93 per cent. As house prices soar again and finding a rental property becomes like finding gold, a huge change has come to how Aussies live. Amazing new data on households reveals…
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First home buyers reveal huge amount Aussie parents gifted them

First-home buyers reveal huge amount Aussie parents gifted them

With property prices soaring, it can seem impossible to get onto the ladder without the ‘Bank of Mum and Dad’. As Aussie house prices skyrocket, more first-home buyers are turning to the ‘Bank of Mum and Dad’ to help get a foot onto the property ladder but not everyone is as fortunate. Aussies have revealed the exact…
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Homebuyers facing biggest problem since 1995

Homebuyers facing biggest problem since 1995

Homebuyers are facing major affordability issues. Housing affordability in Australia is now at its worst level in at least three decades, according to a new report. Households earning the median income can afford the smallest share of homes since 1995 – when records began. Households earning a median income of just over $105,000 could only afford 13…
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Stamp duty axed for first home buyers Heres whats replacing it

First-home buyers: Grants and schemes to get you on the property ladder

Check out the options for first-home buyers, based on the median property prices for where you live.. Does buying your first home seem about as likely as picking the winning trifecta in the Melbourne Cup? It’s not easy by any means, but don’t be disheartened – there’s a range of grants, incentives and programs you could take advantage of to…
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Housing crisis What rocketing Aussie property prices mean for you

Housing crisis: What rocketing Aussie property prices mean for you

Australia’s property market has shown remarkable resilience in spite of 12 cash rate increases and grim forecasts made at the onset of the COVID pandemic. And now experts anticipate house prices will rise even further, with some areas forecast to gain another 6 per cent before December 31. Economists on the panel of Finder’s latest RBA Cash Rate Survey have…
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Rent crisis Aussies overlooking these ‘hazardous’ property flaws

Rent crisis: Aussies overlooking these ‘hazardous’ property flaws

One in 10 Aussie tenants are putting up with mould issues to secure a rental. With rent prices skyrocketing around the country, tenants are being forced to look past potentially dangerous property flaws in order to secure a rental. Nearly three in five Aussie renters have excused an issue with a property for fear of missing out…
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3 home insurance hacks to slash your premium

3 home insurance hacks to slash your premium

Home and contents insurance premiums could be about to jump as much as 20 per cent. Mortgage costs are pushing many Aussies into financial strife right now, but there is one very common and increasing cost which comes a close second: insurance premiums. Between home and contents, car, life and total and permanent disability, income protection…
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Household income is actually rising amid coronavirus Here’s how

Aussie newspaper from 1980s exposes $500k property boom

In 1988, an average Toowoomba house cost less than $70,000.   A 35-year-old newspaper has revealed how much property prices have skyrocketed. (Source: Reddit/Getty)   A newspaper from 1988 has laid bare just how much property prices have skyrocketed in Australia. One Aussie took to social media this week to share the unearthed article, which compared the most…
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Wealth Services House And Investment Loans 1

Why house prices need to rise to fix affordability

Property developers will have no incentive to build new houses if prices fall. The current housing crunch, both in terms of prices and rents, is the result of strong demand for homes – thanks to rapid population growth – relative to only tepid growth in new supply – courtesy of low levels of new construction. With demand for dwellings…
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