RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Home Loan Variable: 5.88% (6.07%*) • Home Loan Fixed: 5.49% (6.26%*) • Fixed: 5.49% (6.26%*) • Variable: 5.88% (6.07%*) • Investment IO: 5.79% (6.41%*) • Investment PI: 5.69% (6.48%*)

“The need for affordable housing is clearly there – it has become irrefutable, like smoking causes cancer”

“The need for affordable housing is clearly there it has become irrefutable, like smoking causes cancer”

Its obvious to all that with the majority of electorates (60%) across Australia experiencing a min 20% growth in medium housing costs ” its pricing many out of the market.

According to affordable housing peak body Power Housing Australia, median dwelling prices soared by more than 20 per cent in 87 of 151 electorates across the country in 2021.

Developer incentives and inclusionary zoning will be key to stemming Australia’s growing housing affordability crisis as the impact of surging property prices emerges as a critical issue in this year’s federal election.

“We’re building the most homes in our history supply has been coming through but there hasn’t been enough of the affordable and no one’s catering for it.

“To cater for that you need some sort of government involvement because the market has clearly moved well beyond what is affordable nothing is keeping up with it. “

Don’t wonder what your borrowing options are ” lets chat.

#interestrates #mortgagebrokers #developmentfinance #propertyinvestors #constructionloans

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