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However, not all capital city markets have performed the same.
The Help to Buy scheme is a shared equity proposal where the government will pay 30 percent of an existing home.
The new administration will be centered on ‘accountability, service, and change,’ incoming Mayor Daniel Lurie said.
Victorian Premier Jacinta Allan has plans to build 50 high-density developments in some of Melbourne’s leafiest suburbs.
Adelaide and Brisbane also recorded massive increases over the same period.
The project will target people over 55 wishing to downsize from their current homes.
For NSW, it’s not so much a case of “build it and they will come” as a case of “where will they come from to build it.”
A peak Australian construction body has questioned the government’s choices given the building worker shortage.
A report has revealed that the Queensland government has received an extra $3.5 billion in stamp duty over the last 3 years.
The government says it has made a fairer system for renters, but a Queensland real estate body says there are several disappointing details in the new laws.
Sydney Councillor Steve Christou has said Peter Dutton’s plan to go lower than Labor on migration isn’t enough.
A senior economist says the 2024 budget will do little, if anything, to address housing issues in Australia.
A group of 28 House Democrats called for the immediate implementation of the rule proposed by the Housing Department a year ago.
‘International competition for both materials and labour remains intense.’
Investigators will look into issues like functional kitchens, lockable external doors, and leaky taps.
