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Expats return to Melbourne and bid for hot property market

Many Aussie expats have left high-flying jobs overseas to move home to Australia during the pandemic - but as they look at buying property, some will be in for a shock.

Expats return to Melbourne and bid for hot property market

Many Aussie expats have left high-flying jobs overseas to move home to Australia during the pandemic - but as they look at buying property, some will be in for a shock.

Expats return to Melbourne and bid for hot property market

Many Aussie expats have left high-flying jobs overseas to move home to Australia during the pandemic - but as they look at buying property, some will be in for a shock.

Australia house prices: Retirees cash in on the property boom

Share M ore than 1.6 million households with property valued about $1.6 trillion are planning to downsize over the next five years as Baby Boomers and some Gen-Xers cash in on booming property prices to boost their retirement income. The flood of properties will ease pressure for larger houses, create more demand for low-rise, medium-density luxury apartments and accelerate the shift away from major capitals, according to exclusive analysis by consultancy Digital Finance Analytics. Nearly 70 per cent of those planning to downsize are aged between 60 and 70 and about 17 per cent are older, according to the DFA survey, based on rolling analysis of 52,000 households. About 12 per cent are aged between 50 and 60.

How to make the most of a home inspection

How to make the most of a home inspection Inspecting your potential next home can be overwhelming. So we’ve compiled some tips and tricks from those who know best. Property by Alanah Frost Inspecting a home in person is a crucial step in the buying process. This became all too clear last year, when the practice was banned for almost two months in COVID-hit Melbourne, essentially grinding the market to a halt. But how can buyers make the most of an inspection? How will they know if a house or neighbourhood is hiding a dark, dingy secret? We turned to the experts to find out.

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