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Only 36% of properties are cheaper to buy than rent. What will that do to property prices?

Dec 1, 2023 | Podcasts, Wealth Coffee Chats

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Well, let’s find out what that is. Let’s Wealth Coffee Chat!

00:00 Introduction.
01:50 Show starts.
03:50 Western Australia is leading the way for good value properties.
06:00 In Victoria only 16% of properties are less expensive to buy than rent.
08:15 Units and apartments in Australia are becoming the cheaper alternative.
12:03 There is a direct correlation between high wages and housing affordability.
14:00 These suburbs are critical for investors: normally 46% of wages are spent on mortgages.
16:14 As property becomes more unaffordable the renter base solidifies and stabilises.
18:04 Closing thoughts.

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