Melbourne’s low-cost housing leads house prices

In Australia’s capital cities, the price of entry-level homes has risen much faster than that of other price ranges, making the dream of many first-time buyers even more distant. If it is said that the high-end housing market led the price recovery after the epidemic, then the cheapest real estate has pushed the market to…

Another office building will rise from the ground

A developer recently listed a plan for a famous office building in Melbourne’s central business district. The plan aims to design a 52-storey tower, and it has been approved. This 6,100 square meter building, 74% of which is currently leased out, is the facade of Exhibition Street, Strachan and Chester Lanes at the junction of…

Renters’ rights (4)

Preface Whether you are a boatman or not, when you sail or fish, everyone realizes the importance of keeping the water outside. The fewer leaks on the ship, the less you need to rely on equipment such as bilge pumps to float. What does this have to do with housing? Well, as we all know,…

Discussion about house affordability

Ten years of state reforms to ease supply restrictions have enabled the development of apartments in the inner city and produced a stable supply of land in the outer suburbs. With the number of housing construction reaching a record level, the national planning system is clearly able to cope with growing market demand. Regardless of…

Soaring demand for housing

At present, some small but stable capital cities are facing a shortage of housing due to increased demand. Suburban homeowners, which are popular among first home buyers, are expected to take advantage. First home buyers are the driving force of the current property market, accounting for more than one-third of the market share. New data…

Further unblocking plan begins

Starting today, cafes and restaurants have lifted the mask order restrictions, and the number of people open at public and private gatherings has also increased. However, the Governor of Victoria stated that the public will continue to comply with the latest regulations until the new crown vaccination is completed on a large scale. Daniel Andrews…