Banks are expected to hold back on passing on today’s rate cut in full as they seek to balance out mortgage rates with deposit rates for savers.
Median values for houses or units have this year topped $1 million for the first time in 148 Australian suburbs, including distant suburbs such as Camden.
There’s always been plenty of debate about why younger people can’t enter the housing market, and in recent weeks it has kicked up a gear.
Some suburbs are selling houses like wildfire, at almost half the rate of houses sold across the country. Where are Australia’s hottest selling suburbs?
With data for the end of financial year now available, it’s interesting to look at the number of suburbs with a median house and/or unit value of $1 million or more.
CoreLogic has found the best and worst performing suburbs in Australia. Does your investment property make the cut? Or is it on the under-performing list?