Property

Housing affordability has worsened, with the median time required to save a 20 per cent deposit blowing out to 11.4 years, according to a new ANZ CoreLogic report.

The territory’s government has unveiled its latest budget, confirming further support in land developments and a record investment in remote housing.

Homes across smaller capital cities have continued to rise in value, with Perth and Darwin reporting distinctive bumps in growth.

Mortgage arrears will increase “moderately” across the country over the calendar year, according to new findings from the financial services group.

The state government has partnered with a new lender for the home ownership scheme, as it prepares for a rebrand and higher thresholds.

A drop in apartment, unit and town house projects dragged the number of dwellings approved to build by 18.5 per cent over March.

The majority of Australians renting could be paying more than those with property loans, according to a new survey released by the non-major bank.

Amid a peak in inflation and a looming cash rate rise, mortgage demand and house prices are tipped to slide earlier than expected.

Housing value growth across Australia’s capitals hit a handbrake over the March quarter, echoing calls that the country’s property boom is freezing.

Metropolitan Australia has largely experienced a rise in new loans over the March quarter, according to new findings by the digital settlement platform.