Property market
First-home buyers get budget help to enter skyrocketing market
Australians will be given more help to buy their first homes in a federal budget boost that offers loan guarantees and more scope for people to use superannuation to save a deposit.
- by David Crowe
Latest
Booming property market stokes household debt concerns
A ferocious boom in housing overwhelming the banks is stoking concerns about consumer debt, amid signs some buyers are becoming more cautious about overpaying
- by Colin Kruger and Clancy Yeates
Scammers prey on Victorians amid scramble for rental properties
As fierce competition drives up rents across regional areas, scammers lurking in Facebook groups are advertising fraudulent rental properties and demanding money to secure a lease.
- by Henrietta Cook and Benjamin Preiss
Brokers and banks overwhelmed as Australians rush for a mortgage
People are buying on Saturday and rushing to get their finances organised on Monday in another sign of the heat in the national property market.
- by Shane Wright, Jennifer Duke and Charlotte Grieve
Perth property prices continue to increase but rate of growth slows
New data shows the ninth consecutive month of house price increases in Perth’s racing property market, however the monthly rate of growth appears to have slowed.
- by Tess Ingram
Sydney and Melbourne property prices slow after record-breaking boom
Sydney and Melbourne house prices increased by tens of thousands of dollars last month but there are now signs the record-breaking national property boom has peaked.
- by Jennifer Duke
Exclusive
Renting
‘People are desperate’: Regional renters forced to apply for homes sight unseen
Real estate agents in regional areas with housing shortages are asking prospective tenants to complete a rental application before letting them attend a property inspection.
- by Caitlin Fitzsimmons
Exclusive
Property prices
High house prices ‘a risk for all state governments’: Housing Minister wants premiers’ feet held to the fire
Federal Housing Minister Michael Sukkar says state and territory governments need their feet held to the fire to find solutions for the housing affordability crisis rather than relying on the Commonwealth.
- by Angus Thompson and Jennifer Duke
‘Will we need a child bond?’: Perth families with kids left in the cold as landlords pick and choose
A charity boss has warned families that are out of work or on low incomes have been priced out of the rent market, saying “if you’re not the ideal tenant, you just don’t get in.”
- by Aja Styles
Economists’ high-rise study a low blow for heritage activist
A Sydney-based think tank says high-rise unit developments change suburban character, but not in a negative way. Brisbane residents argue high density without services is the problem.
- by Tony Moore
Exclusive
Victoria
Melbourne apartment building rates ‘to fall off a cliff’
Annual completions are tipped to fall to just 800 across the state within three years.
- by Noel Towell