Property

Perceived mortgage costs nearly double in 1 year: NAB
23 May 2022
Perceived mortgage costs nearly double in 1 year: NAB

The bank’s latest data suggests that mortgage fees have decreased during the last quarter, while surging over the past 12 months.

Mortgage demand sinks for 1st time since 2019
20 May 2022
Mortgage demand sinks for 1st time since 2019

The desire to secure a mortgage has collapsed across the country, according to a new analysis from Equifax.

Sharper house price fall tipped as rates rise
19 May 2022
Sharper house price fall tipped as rates rise

ANZ has shifted its forecasts around the housing market, expecting rising mortgage rates to drag prices by 3 per cent this year.

NSW mortgage volumes falling
19 May 2022
NSW mortgage volumes falling

New mortgage volumes were down in NSW in March 2022 for the first time following record highs in 2021, according to new data.

PM promises early super for housing
16 May 2022
PM promises early super for housing

The Liberal Party has pledged to allow first home buyers to use their superannuation savings for housing deposits, but the proposal has come under scrutiny. 

41.4% of income needed to service mortgage, finds report
16 May 2022
41.4% of income needed to service mortgage, finds report

More than two-fifths of a borrower’s income was needed to service mortgages in March 2022, after rising for the third consecutive quarter, according to new research.

Majority of South Australians worried about housing
16 May 2022
Majority of South Australians worried about housing

A new survey has found the vast majority of South Australians know someone who is struggling in the housing market, with fears for people locked out of ownership. 

Qld invests $741m to help rebuild flood-impacted homes
16 May 2022
Qld invests $741m to help rebuild flood-impacted homes

The state’s government has revealed the launch of its Resilient Homes Fund, devoted to rebuilding homes damaged from the floods.

Newly built homes sales slowed in April: HIA
13 May 2022
Newly built homes sales slowed in April: HIA

The sales of new detached dwellings slipped over April, and ran lower than a year earlier, when HomeBuilder was in full swing.

Time taken to save a deposit hits record 11.4 years
12 May 2022
Time taken to save a deposit hits record 11.4 years

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.