Over the past decade, luxury houses have experienced a far stronger rate of growth than the rest of the market. Median priced houses have increased by 78 per cent. In comparison, houses priced in the top five per cent have doubled. A luxury house has been a good investment over the past decade. Will this strong performance continue?
Australia’s median home price jumped by $40,900 over the past year, as price momentum strengthened across the country off the back of this year’s interest rate cuts. Click here to read more.
Rents continue to rise across Australia, prompting some to call for rent control to give tenants some relief, but experts say it’s a complex idea that could cause more problems than it solves. Click here to read more.