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Home Sale Shockers:  Derelict Sydney Property Sold For $1M Plus

Home Sale Shockers: Derelict Sydney Property Sold For $1M Plus

  CoreLogic research showed Sydney’s median home price fell 8.9 per cent over 2018, but buyers still spent millions on surprising properties — some uninhabitable. They included homes with dangerous defects, others left vacant and abandoned for years and partially completed residences that required hundreds of thousands of dollars to get finished. One of the […]

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Generation Share:  Why More Older Australians Are Living In Share Houses

Generation Share: Why More Older Australians Are Living In Share Houses

An increasing number of older Australians are living in share housing. Share housing has traditionally been associated with student housing and media depictions of the share house as dysfunctional, chaotic. But a growing number of older people are sharing housing. Generation Rent is fast becoming “The growing trend of share households is attributed to a […]

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APRA Decision A Win For WA Home Buyers

APRA Decision A Win For WA Home Buyers

REIWA has welcomed the decision by the Australian Prudential Regulation Authority (APRA) to remove the cap on interest-only loans for residential property. REIWA Deputy President Lisa Joyce said loosening the restrictions was a win for Western Australian home buyers and investors.  When APRA originally introduced these tighter lending rules, the decision was made with the […]

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