Housing affordability – Median house prices continue to rise across the nation | Anthony Landahl, Equilibria Finance on Ausbiz
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The COVID-19 pandemic sent Australia’s property market on a roller-coaster ride and the impacts are still being felt five years on, with one of the most significant impacts being on housing values. Combined regional areas in Australia have seen home values rise by about 56.3% since March 2020 and during that same period, capital cities saw property values increase by about 33.6 per cent. Interestingly in that same period, wages have increased by less than half the increase of housing.
This week on Ausbiz Anthony discusses the impact this has had on the market, where median house prices sit across the nation and after a somewhat subdued start to the year how the market is shaping up for owner occupiers and investors
Anthony Landahl | Managing Director Equilibria Finance
This is for general information purposes only and does not constitute advice. With all of these options there are a number of considerations outside the scope of what is covered in this article that you need to understand to ensure your personal circumstances are taken into consideration.
Equilibria Finance is a mortgage broking practice specialising in delivering residential and commercial mortgage and business and asset finance solutions to the clients of financial advice and accounting practices.
