The modest beach house was bought for sentiment, not as an investment.
Fresh government data shows Australia’s resources export prices boasted the biggest rise in over six years last quarter, with iron ore, coal and liquefied natural gas enjoying double-digit gains.
If you’re in the market for one, you’ll know all too well that the pickings are slim.
Since 2009, that first rung on the property ladder in Australia’s two largest cities has been moving farther away.
The consumer regulator suspects employees at serviced apartment chain Meriton suppressed hundreds of bad online reviews to protect their KPIs.
The man tasked with solving Australia’s housing affordability issues might be right: young people do need a “highly paid job” — or two — to get a foot on property ladder.
What the Sydney median gets you in major US cities.
It’s hard to believe that a centrally-located suburb with large apartments, fantastic transport links and comparatively low prices could remain under the radar.
Domain Prestige chat to Kay & Burton South Yarra agent Grant Samuel.
Airbnb and Stayz hosts could be slammed with bills in the tens of thousands of dollars in Capital Gains Tax when they come to sell their homes after the Australian Tax Office confirmed they’ll lose their main residence exemption.