Renovate Australia

A home improvement blog about renovating our Queenslander house in Townsville, Australia

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Entries Tagged as 'Buying & Selling'

Government Puts Home Ownership Further Out of Reach

March 5th, 2008 · 1 Comment

The Federal Government has once again put home ownership further out of reach for the typical Australian owner / occupier.
In a move meant to increase the availability of affordable housing in Australia the government has provided tax incentives to investors to build 100,000 low-rent properties over the next 10-years. Investors will be able to claim [...]

Tags: Buying & Selling



Interest Rate Hike - Could Send 300,000 Out of Their Homes

February 6th, 2008 · No Comments

The latest interest rate hike here in Australia sets the official interest rate at 7%, which is an 11-year high. Since 2002 interest rates have gone up 2.75%, and it is starting to hit people really hard.
Australia already has a nation wide housing affordability crisis, and this is only adding to the problems. It’s expected [...]

Tags: Buying & Selling



Housing Affordability in Australia is Suffering

August 24th, 2007 · 3 Comments

A few weekends ago I read an article about housing affordability in Australia in the local paper. It seems that the average family now needs a household income of over $100,000.00 to be able to afford to purchase an average house!
When I first moved here to West End, Townsville in 1998 you could pick up [...]

Tags: Buying & Selling

Spa Bath for Sale

July 24th, 2007 · No Comments

You probably have a week if you want to purchase our old spa bath. You can have the pump too, but it needs new seals in the spa bath pump as it leaks right now when you turn it on.

It’s a 1400 x 1400 cream coloured spa bath, which matching cream taps. Because I [...]

Tags: Bathroom · Buying & Selling