Category Archives: Real Estate News

Why studio apartments are growing in popularity

Posted by Living in Fairfield on August 14th, 2017 in Real Estate News | No Comments

New research from Gateway Credit Union has found that studio apartments are an appealing property option for many Australians as they look to live in their suburb of choice. The research found that more than a third of Australians (35.5%) would rather buy a studio apartment than move to a bigger property in a less […]

Have your say on Australia’s new superannuation legislation

Posted by Living in Fairfield on July 31st, 2017 in Real Estate News | No Comments

Draft legislation has now been drawn up for the Federal Government’s new superannuation measures as announced in the 2017 Budget, and it’s available for public review and comment. The new legislation has been created in a bid to help tackle housing affordability across the country, helping first-home buyers break into the market. Included in the […]

Medium density housing gaining popularity

Posted by Living in Fairfield on July 19th, 2017 in Real Estate News | No Comments

While high-density living is on the rise, it’s medium density housing that is gaining the most in popularity. In a recent analysis by CoreLogic that looked at 2016’s Census dwelling data, it was revealed that there was a noticeable shift towards medium density housing across Australia, and it looks set to continue in the coming […]

Rents up and mortgage repayments down according to Census

Posted by Living in Fairfield on July 17th, 2017 in Real Estate News | No Comments

Property prices might be climbing but according to data from the 2016 Census the average mortgage repayment in Australia has actually decreased since 2011. Census data shows that the median monthly mortgage repayment was $1,800 in 2011, compared to $1,755 per month in 2016. This is a drop of 2.5 per cent.  During the same […]

What can Census 2016 tell us about the housing market?

Posted by Living in Fairfield on July 3rd, 2017 in Real Estate News | No Comments

The figures from the 2016 Census is in and it’s revealed a lot about the Australian population, including our behaviours when it comes to the property market. Let’s take a look at some of the factors that are shaping our nation. More people are calling Australia home Quite a few more people live in Australia […]

The Aussie dream of home ownership is evolving

Posted by Living in Fairfield on June 28th, 2017 in Real Estate News | No Comments

A Commonwealth Bank survey of more than one million Australians has found that the great Australian dream of home ownership is still alive, however the traditional notion of a quarter acre block in the suburbs is being challenged. Just under half of those surveyed (48 per cent) said that they believe their property dream is […]

Investor slowdown making it easier for first home buyers

Posted by Living in Fairfield on June 26th, 2017 in Real Estate News | No Comments

Tougher lending restrictions on property investors are starting to have the desired effect of cooling down investor activity, making it a great time for home buyers to take a look at their options. A recent report from CoreLogic has found that investor demand is now slowing, however it’s still too early to tell if this […]

The return of the first home buyer

Posted by Living in Fairfield on June 19th, 2017 in Real Estate News | No Comments

With a raft of new housing measures brought in from both the state and federal government to tackle housing affordability, there’s no better time for first home buyers to start looking at their property options. As part of this year’s federal budget, changes were made to help young people save more using their super account. […]

Will housing reforms make property more affordable?

Posted by Living in Fairfield on June 12th, 2017 in Real Estate News | No Comments

First home buyers in Sydney and Melbourne have been having a tough time of late, but will the latest changes in stamp duty fees help with affordability? A recent CoreLogic Perceptions of Housing Affordability report found that stamp duty was the biggest hurdle for many buyers, with 74 per cent of survey respondents stating that stamp duty […]

Capital city price falls in May

Posted by Living in Fairfield on June 7th, 2017 in Real Estate News | No Comments

The latest property data from CoreLogic has revealed a national fall in property prices in capital cities across the country. The Home Value Index for May 2017 showed a month-on-month decline of 1.1 per cent for home values across the combined capitals, however it should be noted that prices are still 8.3 per cent higher than […]

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