Today’s trending stories in Australian home ownership and Home Loans.
- If Sydney was a city of 100 homes, here’s what it would look like
Sydney is a sprawling city, with 4.82 million people living in1.86 million properties, according to the latest officialcount for the 2016 census.
With so many properties across the city, it can be difficult to grasp just quite what the harbour citylooks like, wherethe average home is and who isliving in them.
But if we shrunk Sydney to a city of 100 homes,keeping its proportions the same, heres what it would look like.
What we l…
- Home buyers flock to cheaper Melbourne
Property investors are more active in Sydney, meaning a regulatory … As investors make up about 55 per cent of new mortgage demand in NSW…
- Australia's retirement system on collision course with property market
The latest figures from the 2016 census show that home ownership … with a mortgage dropped from 34.9 per cent to 34.5 per cent of households.
- Census snapshot: One million homes left empty across Australia
Mr Coates found home ownership was also down by 7 per cent over the past decade for … House prices have risen rapidly over the past decade. … with unused houses driving down supply in both the rental and mortgage markets.