Australians appear to be giving up on the dream of owning their first home at a time when house prices have risen by more than 20 per cent in the past year.
ile all Australian capital cities have recorded residential property price increases in the June quarter, Canberra tops the list with an 8.2 per cent increase – the highest since records began in September 2003 – according to the latest Australian Bureau of Statistics figures.
The number of first home buyers has drastically dropped in 2021, with rapidly increasing house prices continuing to lock them out.
The latest Australian Bureau of Statistics (ABS) report shows a 20 per...
For 11 years, Ella has been renting a home in the Inner North that is almost unbearable to live in, and she said her property manager couldn’t care less.
Her property manager’s...
In September 1971, the Dodds Family first arrived in Canberra, dressed in hats and scarves for the snowy weather of the tales they had heard from Perth.
Neville, an Army man, was posted...
The ACT real estate market has been under increasing pressure due to the current COVID-19 lockdown restrictions.
Chief Executive Officer of the Real Estate Institute of ACT Michelle Tynan says the biggest issue...
Canberra’s median house price has continued to climb, surpassing the million-dollar mark for the first time in the June quarter of this year.
According to Domain’s house price report, the median price for...