Buyers pay more for a home they know has a good energy rating. That’s worth an extra 2.4-9.4% in the only part of Australia where energy ratings must be disclosed at the time of sale.
Sae Chi, The University of Western Australia and Linda Robson, The University of Western Australia
We have learnt to be wary of big data, but it can also be your friend: one platform combines and analyses data about housing, jobs and transport to reveal very useful information about living in Perth.
It’s natural to assume that a downturn in the property market is good news for people who’ve been priced out of the market. In practice, they might still not be able to buy a home.
The thing about new housing is you need land to build it on. Developers are able to control its release at a rate that doesn’t put downward pressure on prices.
It’s still mostly a case of ‘buyer beware’ when it comes to finding out about a property. But many buyers feel they should be told if, for example, it was the scene of a violent murder.
Urban policies are based on assumptions of a “normal household” and what buildings for it should look like. So this research project explored how people feel about children in high-density housing.
Essays On Air: Australia’s property boom and bust cycle stretches back to colonial days
The Conversation, CC BY58.7 MB(download)
Australia's property market is slowing and many are contemplating a possible bust. But today's episode of Essays On Air reminds us that since colonial days, Australia's property market has had its ups and downs.
You’d perhaps expect property investors not to mind foreign investors who might push up prices. More surprisingly, house hunters are also more supportive than those who are not looking to buy.
People on moderate incomes, including police and emergency workers, have been forced to seek housing on the city fringes, far from their places of work. But there are ways to reverse this trend.
The odds are that we get through 2018 without war, mass capital flight, or a housing crash. But all the risks are medium probability, and the consequences could be dire.
Concerns about foreign investors driving up housing prices have been growing. Australia was first to bar foreign purchases of existing residential property, but New Zealand is set to go further.
About 10% of empty dwellings on census night – 1.2% of all housing – were available for rental and vacancy rates have changed little in 35 years. Could governments be overreacting?
The egalitarian myth behind the great Australian dream of home ownership is at odds with the first rules of land granting in the colonies. Even then, property ownership depended on wealth and status.