The Australian Bureau of Statistics has released its Lending to Households and Businesses for February 2019, presenting statistics on housing finance commitments including for the purchase or construction of new dwellings.
New research identifies housing markets where prices are 'set to soar'
Data from property marketing organisation Select Residential Property has listed the Australian suburbs that are best placed to experience a rise in property values across the next three years.
Savvy house-hunters could save up to $668,250 by purchasing one stop further down the train line, according to the latest research from the Real Estate Institute of Victoria.
Overall, the Budget didn’t really focus on housing however, some of the associated issues such as household incomes and infrastructure investment are being addressed which is positive to see.
Infrastructure spend welcomed but property concerns remain following budget
The Federal Government's 2019 budget has been headlined by a $100 billion infrastructure spend across the next decade, but there remains uncertainty about the impact of a declining housing market.