Housing affordability has been a hot topic of discussion in 2011. Even though median price growth is slowing nationally, purchasing a home is still difficult for many and with the prospect of further interest rate rises the great Australian dream may seem impossible for many. Or is it?
According to the real estate institutes across Australia and properyDATA.com.au, there are still many affordable places to buy; you just need to know where to look. We interviewed a range of experts from the real estate institutes to compile a list of some of the most affordable places to buy.
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June 22, 2011
No relief on the horizon for Australian renters
The rental market in Australia is tight and as rental rates continue to trend upwards it seems that those renting are looking for different ways to
relieve the impact of rising rental costs. According to a recent survey conducted by Mortgage Choice, 51% of consumers stated that home ownership is more attractive because of rising rental costs in Australia. This is surprising given the struggle many are also facing to get onto the property ladder. So for those who will be renting in 2011, is there any relief insight?
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