Perth Rental Crisis: Households Need at Least $121.333 a Year to Avoid Rental Stress
According to the latest report, Perth’s rental market has entered a period of severe stress, with households required to earn at least $121,333 per year to avoid rental stress. The article attributes this pressure to critically low rental supply, combined with rising rents and sustained demand. As a result, many households are being forced to […]
Australia’s Property Market Surges as Median Prices Pass $1 Million
Australia’s property market has surged 13 per cent over the past year, reflecting continued pressure from limited housing supply and strong demand. Brisbane’s median reached $1.01 million in the September 2024 quarter, overtaking Melbourne. Credit: AAP Median house prices have jumped by $120,000 in just 12 months, rising from $890,000 to $1.01 million, while quarter-on-quarter growth added […]
Perth Homes Sell In Just Nine Days; Ausmod20k Aligns with Efforts to Address Australia’s Housing Shortage
According to the latest report, Perth has become Australia’s fastest-moving property market, with houses selling in an average of just nine days. The article attributes this rapid turnover primarily to critically low housing stock, while buyer demand remains strong. The report highlights that listings in Perth are well below long-term averages, creating intense competition among […]