Property market news

First home buyers worse off than a year ago despite COVID-19 downturn

New research from Domain reveals first home buyers are taking up to 6.5 years to save for a house deposit, up 2.6% from a year ago.

By Harrison Astbury ● September 24, 2020

Australians lose $300,000 in rental scams during COVID

Australians have lost over $300,000 to rental and accommodation scams this year, with many scammers using tactics related to COVID-19.

By Emma Duffy ● September 21, 2020

RBA: Rents to remain below pre-COVID levels for several years

The COVID-19 pandemic has had an 'unprecedented' effect on the rental market, and the Reserve Bank says rent growth in many areas will remain subdued over coming years.

By William Jolly ● September 17, 2020

Housing affordability still a significant barrier to housing aspirations

While those who currently own a home are satisfied with their housing situation, those who don't are still facing major barriers to ownership, new research shows.

By William Jolly ● September 17, 2020

COVID-19 sees buyer demand shift to outer 'burbs

COVID-19 lockdowns and the shift to working from home has seen buyers ditching the inner city for the outer suburbs, new research reveals.

By Emma Duffy ● September 17, 2020

Queensland renters facing evictions again, social groups 'concerned'

The Queensland Government's decision not to extend moratoriums on rental evictions has been criticised by various tenant and social groups across the state.

By Harrison Astbury ● September 17, 2020

New calls to 'rentvest' as Gladstone rated Australia's only 'affordable' market

A report revealed Gladstone is Australia's only 'affordable' market, at 2.8 times the median income, and one expert is calling for home buyers to 'rentvest'.

By Harrison Astbury ● September 14, 2020

A series of unprecedented events: How coronavirus has changed our economy

The coronavirus pandemic has changed our economy and way of life on a scale not seen for generations. Here's a summary of all key ways it did.

By William Jolly ● September 14, 2020

Victorian real estate body tells landlords, agents to 'refuse rent reductions'

The Real Estate Institute of Victoria has advised members to refuse rent reductions in protest of the Victorian Government's latest inspection shutdowns.

By William Jolly ● September 08, 2020

Rental affordability the best in 13 years (as long as you aren't on JobSeeker)

A new report shows rental affordability across Australia improved in the June quarter to reach its highest level since 2007 - but Australia's poorest citizens might disagree.

By William Jolly ● September 02, 2020

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