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Housing Affordability Australia: 2022 Crisis Explained
- June 1, 2022
- Posted by: Serres Property Finance
- Category: Property and Finance
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Housing affordability in Australia hit a record low in the March 2022 quarter, with the national dwelling value-to-income ratio reaching 8.5 and the average buyer needing 11.4 years to save a 20% deposit. Mortgage repayments now consume 41.4% of income nationally, while rental costs are rising too. Here is what the data means for buyers and renters across Australia.
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Housing Affordability Australia: 2022 Crisis Explained
- June 1, 2022
- Posted by: Serres Property Finance
- Category: Property and Finance
Housing affordability in Australia hit a record low in the March 2022 quarter, with the national dwelling value-to-income ratio reaching 8.5 and the average buyer needing 11.4 years to save a 20% deposit. Mortgage repayments now consume 41.4% of income nationally, while rental costs are rising too. Here is what the data means for buyers and renters across Australia.
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Property Market June 2021: 13.5% Annual Growth, Best Since 2004
- July 1, 2021
- Posted by: Serres Property Finance
- Category: Property and Finance
Australian home values rose 13.5% in the 2020-21 financial year, the strongest annual result since April 2004. June saw a 1.9% monthly gain nationally, with 582,900 transactions making it the busiest sales year in nearly two decades.
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Property Market May 2021: Values Rise 2.2% Nationally
- June 2, 2021
- Posted by: Serres Property Finance
- Category: Property and Finance
Australian home values rose 2.2% in May 2021, with combined capital cities up 2.3% and Darwin leading the annual growth chart at 20.3%. High auction clearance rates and low advertised stock kept competition fierce for buyers across most markets.
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Buying Property During a Recession: Pros, Cons and Tips
- December 5, 2020
- Posted by: Serres Property Finance
- Category: Property and Finance
Buying property during a recession can mean lower prices, less competition and more motivated sellers. But it requires stable income and careful preparation. Here is what Australian buyers need to consider before acting in a downturn.
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Property Ripple Effect Australia: How Price Growth Spreads
- February 1, 2020
- Posted by: Serres Property Finance
- Category: Property and Finance
The property ripple effect is the wave-like spread of price growth from capital cities outward to suburbs and regional areas. It is driven by first home buyers, upgraders, investors and retirees — each group pushing prices into the next ring of the market. Understanding the pattern can help you time your purchase more strategically.
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Sydney and Melbourne Property Market Outlook 2020
- January 4, 2020
- Posted by: Serres Property Finance
- Category: Property and Finance
Sydney and Melbourne drove the Australian property market forward in late 2019, with quarterly dwelling value growth of around 6% in each city. Three key factors are behind the recovery: RBA cash rate cuts, eased lending rules, and stronger economic fundamentals. If you are thinking about buying or investing, understanding what is driving this market can help you make a smarter decision.
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Property Market December 2019: Sydney’s Biggest Monthly Gain Since 1988
- December 8, 2019
- Posted by: Serres Property Finance
- Category: Property and Finance
Sydney dwelling values rose 2.7% in November 2019, the largest monthly gain since 1988, as the national home value index returned to positive annual growth for the first time since April 2018. Three RBA rate cuts, APRA serviceability changes and post-election confidence drove the recovery.