Silver lining: How a cooling property market is protecting borrowers
Four straight months of falling home prices across Australia may be a blessing in disguise for borrowers juggling mortgage repayments and the rising cost of living. Click to view:
Paddington, a trendy inner-city area located 5 km from Brisbane’s CBD, was once a rough, working-class suburb. However, when living near the city became trendy in the 1980s, young socialites moved in. Paddington was transformed into a local hot spot with a thriving drinking, dining and shopping scene. Most Paddington restaurants, boutiques, bars and cafes are housed in historic buildings and workers’ cottages.
Four straight months of falling home prices across Australia may be a blessing in disguise for borrowers juggling mortgage repayments and the rising cost of living. Click to view:
A shift in investor behaviour in recent months suggests that tax changes in the federal budget are starting to have the intended effect. Click to view: