Australian renters are facing significant challenges as rents reach record highs and the cost of living surges, making housing increasingly unaffordable. In response to this crisis, the McKell Institute, a think tank that collaborates with leading academics, industry, and policy experts from top Australian universities, has proposed a novel solution aimed at relieving renters’ financial
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The suburbs where house prices rose by $200,000 or more # Suburb State Region (SA4) Median value (AVM) YoY change (%) YoY change ($) 1 Bellevue Hill NSW Sydney – Eastern Suburbs $9,951,000 13% $1,109,000 2 Strathfield NSW Sydney – Inner West $3,936,000 14% $477,000 3 Mermaid Beach QLD Gold Coast $3,071,000 17% $447,000 4
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The number of Australian suburbs with a $1 million median price for either houses or apartments has reached a new record high. Over the 12 months to 31 August, 218 more suburbs surpassed a $1 million median for houses or apartments. Australia now has 1,257 suburbs with a median house value at or above $1
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As part of our ongoing service for clients it is important to consistently review the current risks factors for commercial property insurance. Whilst tobacco outlets have come under intense scrutiny recently, there are other occupiers that can also impact your insurance cover. These include: Tatooists Dry cleaners Laundromats Food premises involving deep frying Storage of
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