Making the seemingly impossible, very possible. Recently, I met a lovely couple who were enquiring about the possibilities of themselves purchasing their first home. One of them had been on an 820 Visa, which many lenders have it in their policies; not to lend to clients except for Permanent Residents [PR], and Australian…
I recently read an article in MPA Magazine speaking about Demographia’s International’s annual Housing Affordability survey. Here is what they had to say: Housing affordability continues to deteriorate in Australia, with Sydney and Melbourne ranked among the top five least affordable major housing markets in the world, according to the 14th edition of Demographia International’s…
Thirty-five percent of Australians have given up on ever owning their own home, according to new research by finder.com.au. A national survey of more than 2,000 Australians found 24% believed they had been priced out of the property market. A further 11% said the dream was out of reach but were comfortable with this as long…
According to the latest QBE Australian Housing Outlook 2017-2020, an oversupply of units and reduced bank lending to investors is expected to dampen price growth in the housing market in coming years. The QBE-commissioned BIS Oxford Economics report analyses historical performance in the residential housing market, based on median prices, and forecasts market movements to 2020.…