Treasurer Jim Chalmers announced sweeping tax changes in May that have reduced home prices without making homes more affordable. Falling house prices since the May Budget were supposed to save Australian homebuyers – instead a huge pay rise has become the bare minimum needed to get the keys to an average home. New modeling has … Read more
A basement boom could be the unexpected result of big tax changes as wealthy Melbourne residents look to invest in their family home where there are no taxes. A basement boom is on the horizon for Melbourne’s elite homeowners in an unexpected consequence of the Albanian government’s changes to property investment. From karaoke and whiskey … Read more
New data shows that only one in five feel connected to their neighbors or community. As housing affordability pushes more people to live closer together, physical proximity to others has increased – but new data shows that only one in five people feel very connected to their neighbors or community. Almost two-thirds of people (64 … Read more
11 Lavarack Rd, Mermaid Beach is on the market with offers over $12 million. A Queensland mega-mansion has been put back on sale for $2 million cheaper, but the builder warns the $12 million price tag is still less than what the replica would cost today. The owners of the newly built Gold Coast home … Read more