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Far from retirees moving to the regions to seek a quieter post-work life, it is millennials leading the charge. Half of those moving out of capital cities into regional areas are aged 24 to 40, chasing better bang for their property buck and fast-tracking their careers in a vibrant jobs market. New data from the.
Although the days are getting colder and the nights are getting longer, it doesn’t necessarily mean you have to retreat indoors. With a few simple updates, it’s possible to enjoy your outdoor space without roughing it this winter. Kylie Haig from The Gas Showroom says they’ve seen an upward trend of people upgrading their outdoor.
The number of homes available to rent in Australia’s capital cities tightened by a further 5.4 per cent last month to hit a new historic national low – it’s an astonishing 54 per cent slump since May 2020. Vacancy rates around the country now sit uniformly at crisis levels, the latest Domain Rental Vacancy Rate.
Queensland’s resilient property market appears to be defying the downturn being seen in southern states, with median house prices still climbing 3.23 per cent and median unit prices rising 2.17 per cent in the first quarter of 2022, as released by the Real Estate Institute of Queensland (REIQ) today. REIQ CEO Antonia Mercorella said Queensland’s.
A change in season always inspires a change in scenery, and after our most lively summer in years, we’re beginning to retreat indoors again as the winter chill sets in. “The change in seasons really shifts the mood – we’re inside more and looking for our homes to reflect that sense of hibernation and quiet,”.
Rising interest rates have eased demand from potential buyers over 2022, which has been evident in the slowing of home price growth. But demand for homes in one state continues to outpace the rest. The PropTrack Potential Buyers Index, which measures the number of people seriously interested in buying, shows that demand has been trending.
You want to play your part in reducing emissions and improving energy efficiency, but there isn’t much you can do on the home front because you live in a rental, right? Not so fast. While renters aren’t in a position to build a brand-new passive house or retrofit the place with all-electric appliances, there are.
Around three in four investors are seeing themselves invest in Perth or Brisbane over the next 12 months, according to a national survey by Momentum Wealth. The survey ranked Perth as the most viable city for property investment, with 40% of investors pointing to the city as the best place to invest. Brisbane also ranked higher, with around 32% of.
Brisbane’s housing market is being sheltered from a more severe national downturn in home values with a two-speed housing market favouring regions with enhanced affordability, larger home offerings and lifestyle trends. New data released on Monday shows Brisbane house prices grew 0.22 per cent in April, more than halving the rate of growth from March,.
The federal budget has failed to provide the “silver bullet” needed to address housing affordability and counter rising construction costs, Queensland property industry figures say. A new Regional Home Guarantee has been announced as a buffer against skyrocketing property values in the state’s regions, allowing up to 10,000 homebuyers a year to put down a.
