Houses near the beach an hour’s drive from a major capital city are still on the market for just $600,000. Here’s why prices here have hardly moved during the past five years.
A Treasury official has admitted Labor’s plan to tackle the housing affordability crisis has failed to see a necessary lift in the completion of new homes.
The cost of building a house in Australia is expected to soar by double digits in the coming year with bathroom suppliers Reece and Tradelink announcing big increases to piping costs.