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Sunday, May 19, 2024

Latest news: Affordable housing

Cost of living too high for many Canberrans, ACTCOSS reveals

ACTCOSS's 2021 ACT Cost of Living Report shows 9% of Canberrans live below the poverty line, due to income and the cost of housing.

ACT vacancy rates close to multi-year low

Domain’s rental vacancy report shows rental vacancies in Canberra have remained steady over the quarter at 0.7%, down from 1.1% this time last year.

Stamp duty abolished in ACT for off-plan purchases under $500k

The move will see a component of stamp duty concessions introduced as a COVID-19 stimulus measure for the construction industry made permanent.

Paying off a home loan used to be easier than it looked. It’s now harder. Here’s why

Paying off a home loan used to be easier due to wage rises once taking care of repayments, writes ANU visiting fellow Peter Martin.

Housing stress leaves some Australians with just $11 a day

A shocking 86% of Australians are currently facing extreme housing stress by paying more than half of their income on housing, the Salvation Army Red Shield Appeal Research 2021 report has revealed.

Advocacy groups welcome ACT landlord tax exemptions

Social policy and housing advocacy organisations have welcomed the extension of land tax exemptions for landlords who provide cheaper rentals but warn there is more work to do in solving the ACT’s housing crisis.

Anglicare snapshot highlights ACT rental crisis

There is a “distressing” lack of affordable housing options in Canberra, according to Anglicare’s latest rental affordability snapshot, which found essentially no affordable, appropriate properties for a number of groups on income support payments.

House prices are climbing alright, but not for the reason you might think

It’s tempting to think home prices are soaring because there aren’t enough homes, but that can’t explain the takeoff from about 2000.

Liberals’ suggestions for easing housing stress knocked back

Liberals MLA Mark Parton proposed measures last week to ease housing stress in Canberra, the most expensive Australian city to rent in.

Housing crisis: Canberra is Australia’s most expensive city to rent

The Canberra rental market is in crisis. High prices and competition for accommodation are putting homes out of ordinary Canberrans’ reach.

‘Homes for Homes’ aims to solve homelessness

A growing number of homeowners in the ACT have donated a percentage of their property sales to help solve the problem of social and affordable housing.

CatholicCare to manage part of government’s Toolangi complex

Following a tender process, CatholicCare has been appointed to manage 33 affordable rental properties as community housing in the ACT Government’s Toolangi development, a complex of 66 purpose-built dwellings in Kaleen.   The...

YWCA’s Rentwell seeks more property owners to get involved

YWCA is celebrating one year of charitable property management service, Rentwell, which has seen 25 properties leased and 49 people in homes, and more than $80,000 in donations through rent reductions.

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