A resurgence in the mining sector and the ability to work from home due to COVID is leading Aussies to shun capital cities in favour of regional property markets.
The latest Australian Bureau of Statistics' lending data shows more first home buyers and investors entered the market in September, but borrowed less.
A third of low-income households receiving Commonwealth Rent Assistance (CRA) are in housing stress even if all their rent assistance is put towards rent.
House prices have risen in most capital cities over the September quarter as low interest rates, government incentives and easing COVID restrictions lure buyers back into the market.
New research from Roy Morgan shows levels of 'mortgage stress' fell to near record lows during the COVID-19 pandemic, mainly due to mortgage deferrals offered by lenders.