by Konrad Bobilak | Mar 20, 2017 | property
Gone are the days of finding cheap houses in middle suburbia, as more homeowners demand seven-figure sums for humble homes. Sellers in Pascoe Vale, Glenroy, Kilsyth and Mooroolbark have been able to capitalise on a strong market, with the once-budget postcodes having...
by Konrad Bobilak | Mar 20, 2017 | property
Melbourne’s outer suburbs — the last frontier for affordable rentals — are steadily slipping out of reach for low-income tenants as rents soar to record heights. Renters in the Cardinia, Wyndham, Melton, Frankston, Casey and Greater Dandenong council areas were hit...
by Konrad Bobilak | Mar 14, 2017 | property
OK, time to eat humble pie. Up until now I have been absolutely convinced that the “great correction” is coming. A correction that would see house prices in Sydney fall by between 10 and 15 per cent. Admittedly even that wouldn’t be enough for many millennials, but it...
by Konrad Bobilak | Mar 14, 2017 | property
Treasurer Scott Morrison has fuelled speculation the government may allow first homeowners to access their superannuation to break into the market after he said the cost of entering the housing market was causing couples to put off having children. The Treasurer has...
by Konrad Bobilak | Mar 14, 2017 | property
“Housing out of reach”, “The death of the Australian dream” — if you’re a young adult living in Sydney or Melbourne such headlines might be enough to make you give up trying to own your own home. House prices in Adelaide, however, remain...
by Konrad Bobilak | Mar 14, 2017 | property
Rising house prices in Australia’s largest cities doesn’t necessarily indicate the country is in the grip of a housing bubble, said the heads of three of the country’s largest banks. Testifying before a parliamentary committee, the chief executives of National...