29 Mar Brisbane property millionaires + It pays to be ‘pet friendly’ + The folly of buying with friends
Nicola McDougall from Bricks & Mortar Media and Kevin discuss the most topical property news items from the week – or the ones they noticed. A light hearted way to end the week. Enjoy!
How Melbourne house prices of 1997 compare to 2017
Melbourne’s median house price has gone up by over 300 per cent in 20 years – which is amazing – but weekly wages have only gone up 121 per cent.
Brisbane to see one in 10 become property millionaires in two years
One in 10 houses sold in Brisbane within the next 24 months will turn their owners into instant property millionaires, according to latest analysis.
The most popular Sydney suburbs for buyers and renters
The prestigious lower north shore suburb of Mosman, with its impressive mansions, harbour views and proximity to the CBD, is the most popular suburb in Sydney for house hunters but renters are looking elsewhere.
The most typed keyword in a search for property, whether it’s for sale or for rent, is “pool”, followed by “waterfront”, and “views” – presumably ones with water.
“Pet” and “pet-friendly” are also a significant priority for Sydney’s renters.
Is It Wise To Buy Property With Family Or Friends?
Due to the growing unaffordability of many Australian property markets, many are turning to alternative means of purchasing property.