Category: Property Australia
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Malaysian homes are more expensive than Perth? I agree.
There has been a few recent reports about Malaysian properties being much higher priced in terms of affordability when compared to developed countries. I think there are truths to this as I happened to have just visited Perth. Note, I said some truths because it is not all truth as well. In Perth, I was…
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Median income: 57,400 Median property price: 680,000 No Bubble Yet.
When property prices continues to rise without any relevance to the economic growth, salary growth or whatever growth, you should be worried. Property bubble is building. Once property becomes unaffordable to everyone and no one could buy anything and suddenly the sellers realised it and starts to offload their properties into the market with each…
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53% of Gen-Y owns a property……. in Australia.
Realestate.com.au is a major property site in Australia. I think, by far the biggest. In an article by Emma Sorensen in relation to their annual Housing Affordability Sentiment Index (HASI) survey for 2014, it shows that Generation Y (born between 1981 and 1994) is buying property earlier than other generations. Out of those Gen-Yers who…