This Week In Australian Property #12

  • Leanne 500x500
  • by Leanne Brinkies
  • TWIAP
  • 22 Feb

A housing report out this week shows first home-buyers are at 8.1% in Sydney – a record low that is down from 30.8% in 2009! Why such change? There is a lot of commentary about affordability, however Luci Ellis, the assistant governor at the RBA has a different take, citing the changing make-up of demographics as one reason for this change with younger demographics travelling more, starting their careers later and even marrying later. True on all fronts for me! Interested to know your thoughts.

This week we also look at rising interest rates, capital gains tax and the latest auction results; plus a great beach house renovation in Avalon.

Enjoy!
Leanne

Trending this week

CBA Tightens Reins Further On Home Lending

CBA raises interest rates on interest-only home loans.

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It’s Not Just Avocado’s Smashing First Home-Buyer Prospects

First home-buyers are currently at a record low in NSW.

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Home Truths About Property Prices

Changing demographics in Australia are impacting make-up of the housing market.

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Real Reno: Avalon Beach House

Take a look at the amazing transformation of this beach house!

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What Is Capital Gains Tax?

Understand how capital gains tax can impact a property transaction.

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Auction Results

Auction clearances show no sign of easing off.

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Leanne Brinkies

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