The value of Australia’s homes jumped in the first months of 2023, according to data released this week by the Australian Bureau of Statistics. The figures show that the total value of residential dwellings in Australia rose by $140 billion…
Read moreAuthor: Adam Nobel
100,000 homes, guaranteed
The Home Guarantee Scheme has helped 100,000 Australians buy or build their own home over the past three years through, the government announced this week. According to the National Housing Finance and Investment Corporation (NHFIC), which administers the scheme, one…
Read moreStamp out winter damp
We naturally tend to close doors and windows in winter to keep our homes warm, but that can bring other, less obvious, problems such as condensation dampness. If left untreated, damp – whether from condensation, leaks or seepage – will…
Read moreBarking good design
Proof once again that nothing is too good for one’s ‘fur baby’: British architecture studio Foster + Partners has collaborated with plywood manufacturer Isokon to create a flat-pack dog kennel for Goodwoof’s annual Barkitecture competition. The kennel, named ‘Barc’ for…
Read moreCheck smoke alarms now
Winter has settled in, but it is never too late to check your home’s smoke alarms to make sure they’re installed properly and working. Check the battery on the alarm by pressing the test button (if you can’t reach it,…
Read moreValues surge
Home values lifted again in May, posting their strongest monthly growth since November 2021, CoreLogic’s national Home Value Index has revealed. The latest data for the month of May shows that values grew 1.2% in May, following increases of 0.6%…
Read moreCash rate lifts to 4.1
To the consternation of many, the Reserve Bank again lifted the official cash rate this week by 0.25 to 4.1%, a level not seen since early 2012. RBA governor Philip Lowe attributed the decision to ongoing concerns that persistently high…
Read moreIs this ‘the new normal’?
Few of us question the impact that the COVID-19 pandemic has had, and now research shows just how Australia’s housing market has felt the effects. Published by the Australian Housing and Urban Research Institute (AHURI) Limited, ‘The new normal: changed…
Read moreRefinancing high, lending seesaws
Refinancing remained high through April, while new loans continue to seesaw, according to data released this week by the Australian Bureau of Statistics (ABS). The figures show that the value of new housing loans fell 2.9% to $23.3 billion in…
Read moreLight up for sale
If your home is on the market, turn on all the indoor and outdoor lights before a showing – even during the day. During the daytime, having the lights on softens harsh shadowing from sunlight and brightens dim areas. In…
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