First Home Buyer Scheme delivering results…
The federal government’s Home Guarantee Scheme (HGS) is helping first home buyers on modest incomes enter the market with small deposits, according to research commissioned by the National Housing Finance and Investment Corporation. Some of the key findings from the research were: The research also found that the average HGS property has enjoyed an equity […]
Why Australian Property Prices Are So High
Over the past decade, Australian property prices have soared due to low interest rates, limited housing supply, and strong demand from both domestic and international buyers. The RBA (Reserve Bank of Australia) lowered the interest rates several times between 2011 and 2019, reaching a historic low of 0.75% by October 2019. During this time, house […]
Australia’s property market passes the $10trn milestone…
In 2023, Australia’s property market achieved a historic milestone by surpassing the $10 trillion mark for the first time. This landmark achievement highlights the market’s sustained growth and resilience despite various economic challenges. Historically, the Australian property market has shown robust performance with significant value appreciation. For example, it surpassed $5 trillion in 2013 during […]
