Double-glazed windows, air filtration systems and LED lighting are some of the elements new Australian homes will have to feature in order to achieve ‘Green Star certification’.
Millennials and Gen Z will put sustainability first when living in and building their future homes, according to new research released by Allianz.
We can expect young Australians to deconstruct the family home model as we know it: outdoor and indoor living will be combined; an eclectic, new interior decorating style created; and the impact of harsh financial realities may lead to a ‘sharing economy’ approach to housing.
Fancy buying a block for less than $40,000? What about a five-bedroom, two-bathroom home for less than $190,000?
Such properties are available in the Western Australian Midwest rural township of Morawa
Million-dollar homeowners copped a big hit in real estate during COVID-19, and they are not happy about it. A survey found seller happiness was down 21 percent for Australians who sold property worth more than $1.5 million in April, compared to the first financial quarter of 2020. The figures were recorded by Australian real estate rating and ranking site RateMyAgent in a survey of 20,000 home sellers.
A plunge in population growth may delay a rebound in Australian property prices, despite growth in the housing market in the months before the COVID-19 lockdowns.
It may take until the second half of 2021 for the property market to see a gradual recovery, property consulting firm m3property predicts, assuming a potential second coronavirus wave doesn’t happen. More notable market growth may not be seen until at least mid-2022.
It’s one of Australia’s prettiest capital cities, with great food on offer, wineries a short drive away, a huge investment in infrastructure and no traffic jams.
House prices are just one of the many things upended by the coronavirus pandemic in Australia.
Those looking to break into the housing market have been teased with predictions that property prices will drop in the foreseeable future.
As the world faces one of the fastest and largest global economic contractions in living memory, Australia’s house prices are likely to fall for months – possibly years
Sydney landlords have been forced to slash rent by 25 per cent in some suburbs as tenants seek to renegotiate their lease or move out for a better deal.
Property analysts and real estate agents have said that many Sydneysiders with jobs are looking for bigger homes or moving closer to the beach as working from home becomes the new normal.
NSW real estate agents will be able to hold property inspections and on-site auctions from next weekend after a six-week limited shutdown due to COVID-19.NSW Treasurer Dominic Perrottet and the state’s Minister for Health Brad Hazzard said the relaxing of restrictions was a sign of the ongoing success in limiting the spread of COVID-19, but warned there was no place for complacency, with community safety and social distancing to remain an ongoing priority.