Only rich people can afford to live on Manhattan Island and everyone else lives out in Brooklyn. Sydney is well on the way to achieving the Brooklyn effect. 90% of Australian’s can’t afford to live within 20km of the CBD of Sydney because they don’t earn enough. Read the full report from Rosemary Johnston of The Property Investment Association of Australia Inc. ...
In this week's property market wrap we look at the latest ABS seasonally adjusted Wage Price Index (WPI) results and find out why these results impact on rentals from investment properties. We also reveal the top regional growth areas for rental properties and the state’s strongest performers. ...
Where are the most affordable suburbs? This week we look at dwelling values across combined capital cities for the most affordable, middle range and expensive suburbs. We also find out the main barriers facing first home buyers wanting to get on the property ladder. ...
Significant changes happening in Melbourne’s property market! Change is afoot, according to the latest findings from Digital Finance Analytic’s household surveys which looks at property intentions and motivations. Find out why investors, in particular, are feeling the heat in this report from Martin North. ...
How is Melbourne’s residential median asking rents and vacancy rates tracking? Louis Christopher of SQM Research provides a full report on the National residential vacancy rates and asking rents and explains the impact on the overall rental conditions in Australia’s property market. ...
Is right now the best time to buy property? Peter Sarmas examines Melbourne’s property market and reveals whether we should expect an interest rate rise in the near future. He looks at our economy, in particular recently released employment figures, and talks about the impact it will have on wages and house price rises. ...