More than half of West Australian households consider their housing unaffordable, an increase of 91 per cent in just two years, according to a new report — with a broken system now pushing people out of Perth.
History is repeating and house prices are set to rise — again
With housing affordability now improving as interest rates come down, housing accessibility is likely to worsen further as prices again rise.
'Eight-week window' sends buyers into overdrive in the housing market
Another rate cut is likely to mean more competition and higher prices for housing. But home buyers are feeling the pressure for other reasons too.
'Impossibly unaffordable': Why property prices in Australia will keep rising
Many hoped that interest rate cuts could make housing more affordable. But cheaper money for housing, amid a market with high demand and low supply, will keep fuelling property prices.
Use our rate cut calculator to see how falling interest rates might impact you
Tell us your loan size, term and interest rate and our mortgage rate cut calculator will work out how much you could save as rates fall.
Why $1 million is far from an all-access pass to the housing market
Research from Cotality shows the portion of dwellings valued at $1 million or more has risen from just below 10 per cent in April 2015, to more than 34 per cent a decade later.
Why the Reserve Bank is wary of rocketing real estate prices
Inflation is declining and global growth is under a cloud but feeding rate cuts into an already hot property market is likely to spark another buying frenzy and even higher prices. That could throw doubt on the RBA's ability to provide the number of cuts pencilled in for this year.
ANZ profit rises as NAB boss tips rate cuts and housing boom
The major banks post mixed profit results but NAB's boss expects house prices to continue rising this year as interest rates drop.
Home owners far outnumber first-time buyers, so pollies ‘do the math’
As Australians head to the ballot box, the lack of affordable housing is posing a major issue for many. But the debate about how to constrain prices remains a sore point because millions are home owners and many have built their wealth through property.
Property prices lift and growth in house values continues to outpace units
As voters head to the ballot box prepared to cast votes on the issue of housing affordability, new data shows national house prices trended higher in April, and are expected to keep rising as interest rates fall.
Why house prices can, and need to, fall
The major parties are working hard to keep Australian house prices at record highs, but a moderate fall in values may be just what Australia's economy needs in the long-term.
Tiny town with properties under $100k keeps home ownership dream alive
As property prices continue to skyrocket across most of Australia, there are still pockets of cheap homes in regional communities.
Sukkar shut down during wild election housing debate
Clare O'Neil accuses Michael Sukkar of speaking "absolute garbage" on social housing as 7.30 host Sarah Ferguson delivers an iconic live television moment.
Most investment properties sold within two years of being rented, study finds
Young renters are feeling the stress of an unstable rental market and are putting off significant life plans as new data reveals most investment properties are sold within two years of being rented out.
Is a home deposit now worth thousands in lost super at retirement?
With home ownership more out of reach than ever for younger Australians, some are pondering whether their retirement fund would be better off used now, to buy a house.
Voters and economists united against major party housing policy promises
New housing policies likely to increase house prices due to surging demand from first home buyers.
Architect uploads free plan for owner-builders to use
In a bid to support self-built low-cost housing, an architect who built his own property for $150,000, has released free plans for others to download and use.
Urgent calls to boost social housing ahead of Federal Election
Ahead of the Federal Election, Anglicare Australia's Executive Director Kasy Chambers speaks to News Breakfast about the difficulties Australians are facing around housing affordability.
The Coalition's latest pitch for first home buyers benefits existing owners more
The Coalition is promising to relax home lending rules if elected, to allow prospective buyers to borrow more. But will this actually make it easier for first home buyers to break into the market?
Home prices and rents reach record highs ahead of rates decision
After a brief downturn home prices have rebounded to new heights, but analysts say growth is likely to be contained. Rents have also reached record highs but growth is expected to slow.
Brisbane land valuations up 17pc, with regional increases as high as 247pc
Brisbane City Council's re-evaluation included almost 351,000 properties with a total value of $346.2 billion, an increase of 17 per cent.