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Recent statistics reported by the Financial Review highlighted a very interesting trend in Brisbane. It mentioned that inner city growth is more in ‘bubble’ territory than the outer suburbs, and that the outer suburbs are 50% less expensive than the inner city suburbs. read more
The Real Estate Institute of Queensland found that properties in the southern part of Brisbane’s CBD are among the fastest selling in Queensland. here is the average time to sell property in these areas: read more
Are First Homebuyers Being Pushed Out of the Property Market? Rick Otton Takes A Look At The Scrapping Of The FHSA
One of the biggest challenges for first-time buyers is saving up for a deposit. The First Home Savers Account (FHSA) alleviated this burden by providing tax breaks and monetary subsidy to first-homebuyers saving up for a deposit. And according to ME Bank, people who were able to benefit from the FHSA scheme were positive about the program. read more
The research was meant to identify which areas had affordable houses to regular Aussies. And it appears that $300,000 is more or less the peg if a property is affordable or not.
And unfortunately, in the current property market, homes valued less than $300,000 are becoming scarce. But should current market conditions rob people the chance to own their own home? read more
Shelter is important. In fact, Anglicare’s director of advocacy and research, Sue King, said that people would rather go hungry than go homeless. At the end of the day, having a place to stay is the main priority of most people. read more