Over heated propery market

Housing Oversupply Tipped to Cool Markets

The normally subdued winter property market has been anything but chilled – in fact Sydney and Melbourne continues to be what  can only be described as over-heated. With Melbourne joining Sydney reporting a median house price over $1 million – these two cities are rapidly approaching New York level of property prices. Sydney properties average […]

Affordability Down the Drain in Sydney

The June Property Market update by Residex shows some alarming figures for house affordability across Australia and Sydney as would be expected is the least affordable.  But more alarming is that after tax income for the median family earning median income and purchasing a median house at 80% LVR shows a net after mortgage income […]

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