Home values, particularly in Sydney and Melbourne, are growing at a rapid pace but as values rise affordability pressures are likely to see housing demand fall away.
This week’s RP Data Property Pulse delves into the 2011-12 taxation statistics which were released by the Australian Tax Office (ATO) last week. Specifically we are going to look at property investment.
Recently released data from the Australian Bureau of Statistics (ABS) shows that to June 2013 the rate of population growth in capital cities was significantly greater than that of regional markets.
Overseas migrants show a preference for New South Wales and Victoria while interstate migration has levelled since the peak in commodity prices.