Defense land sell-off sparks housing potential
The federal government’s plan to sell off surplus Defence land is prompting states to assess whether former military sites could help ease the housing crunch. Click here to view:
While there have already been some signs of slowing price growth over recent months, prices are still rising. But can it continue?
The Reserve Bank of Australia’s November rate hike will put further pressure on households, squeezing borrowing capacities and increasing mortgage servicing costs.
An uplift in property listings during spring has also shifted dynamics in some markets.
The federal government’s plan to sell off surplus Defence land is prompting states to assess whether former military sites could help ease the housing crunch. Click here to view:
Rental stress among Australians aged over 75 has surged 116 per cent since 2013, with experts warning 55,000 older people face potential homelessness without urgent reform. Click here to view: