The Opal Tower and Mascot Towers crises have had a significant impact on the purchasing decisions of home buyers and investors, who are now looking for alternatives to avoid the risk of buying into a strata development, according to Sydney builder, Thrive Homes.
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Your garage door is usually one of the most visible features of your home, so it’s important that it looks the part.
“Home lending figures released by the ABS show the number of loans to households building new homes continued to fall in April (2019),” said HIA’s Senior Economist, Geordan Murray.
“A commitment to support the delivery of affordable housing on surplus Commonwealth land offers a first insight into the new federal Housing Minister Michael Sukkar’s housing supply agenda,” said HIA Chief Executive Industry Policy, Kristin Brookfield.
Australia’s average housing affordability is the best it has been since 2016 with property in some cities and regions the most attainable it has been in decades, according to new ANZCoreLogic research.
“The HIA Affordability Index rose by 2.2 per cent in the March 2019 quarter to post the most significant improvement in affordability since September 2013,” said Tim Reardon, HIA Chief Economist.
“The importance of the First Home Buyer (FHB) segment of the market has grown again, with newly released figures for March (2019) showing that their share of the market is at its largest in nearly 7 years,” Shane Garrett, Chief Economist said.
Bipartisan support for a First Home Loan Deposit Scheme couldn’t come at a better time for first home buyers in Sydney and across NSW, according to one of the largest home builders in the state, Metricon.