The NSW government’s Communities Plus program has embarked on its inaugural project, Midtown MacPark, aimed at revitalizing a social housing estate into a dynamic integrated community. Over the course of 10-12 years, the project endeavors to deliver 3300 new homes, including a significant number of social and affordable housing units.
South Australian Landowners Transform Vineyards into Solar Farms
The NSW government’s Communities Plus program has embarked on its inaugural project, Midtown MacPark, aimed at revitalizing a social housing estate into a dynamic integrated community. Over the course of 10-12 years, the project endeavors to deliver 3300 new homes, including a significant number of social and affordable housing units.
NSW Government Sets Ambitious Housing Targets for 2029
The NSW government’s Communities Plus program has embarked on its inaugural project, Midtown MacPark, aimed at revitalizing a social housing estate into a dynamic integrated community. Over the course of 10-12 years, the project endeavors to deliver 3300 new homes, including a significant number of social and affordable housing units.
NSW Government’s Midtown MacPark Project Transforms Social Housing Estate into Integrated Community
The NSW government’s Communities Plus program has embarked on its inaugural project, Midtown MacPark, aimed at revitalizing a social housing estate into a dynamic integrated community. Over the course of 10-12 years, the project endeavors to deliver 3300 new homes, including a significant number of social and affordable housing units.
Housing Australia Initiates Ambitious Programs to Boost Affordable Housing Supply
Housing Australia has launched two ambitious programs, the HAFFF and NHAF, with the aim of delivering significant numbers of social and affordable homes across the country. Over a five-year period, the HAFFF program targets the delivery of 30,000 social and affordable homes, while the NHAF program aims to provide 10,000 affordable homes.
Record High Rental Prices Drive Australians to Regional Areas Amid Housing Market Growth
As rental prices soar in Australia’s capital cities, many are seeking relief in regional areas, only to find that rental prices there are also hitting record highs. This trend reflects a nationwide phenomenon, with rent increases prevalent across the country and very few regional centers experiencing a decline in rental prices.
Rising Mortgage Hardship Reveals Concerning Trend in Australian Housing Market
Recent data from the Australian Securities and Investments Commission (ASIC) has unveiled a troubling trend in the country’s housing market, with a significant number of properties being resold within a short period due to mortgage hardship.
Australian Inflation Surges: Housing Market and Geopolitical Factors at Play
Australia’s consumer price inflation has surpassed economist expectations, reaching 1% in the March 2024 quarter. This unexpected increase can be attributed in part to pressures from exceptionally high population growth, which have impacted various sectors, including education and medical services, leading to significant price hikes.
Australian Property Market Sees Continued Growth Amid Diverse Trends
The Australian property market continues its upward trajectory, with the median home price rising by 0.6% in April 2024, marking the third consecutive monthly increase. This steady growth translates to a total gain of 2.2% for the year, highlighting the resilience of the market in the face of various challenges.
Australian Property Market Soars: Regional Markets Lead Growth
The Australian property market has witnessed a remarkable surge over the past four years, with national home values soaring by an impressive 40% since 2020. Notably, regional markets have outpaced capital cities, with areas like Regional Queensland and South Australia experiencing particularly noteworthy growth.