Australian property values are set to keep rising over the next 12 months but controversial tax changes are helping keep one state's home price growth in check.
Australia's population shift from capital cities to the regions continues, with more people staying put in the country as cost-of-living and house prices bite.
Hot bedding – sharing the same bed in overcrowded rooms – has become a common reality for some tenants as rental costs hit record highs but there is growing concern about its health and safety risks.
When the bidding battle was over the period home sold under the hammer for $1.71 million while a three bedroom house on Sydney’s western fringe also went $140,000 over reserve.
Those looking to buy or rent a new home are increasingly in a stronger position amid declining prices in major markets and forecast for further slides.