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20 Morton Street, Callala Bay NSW 2540
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Antonia Najdek
Property One Realty - Callala
Maddison Clark
Callala & Culburra First National -
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Australia's housing market defied expectations, with prices creeping up again in February. CoreLogic's national home value index showed a 0.6% increase, marking the strongest monthly gain since October 2023.
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Hundreds of new apartments are popping up across Sydney, but they're not for sale. This innovative "build to rent" model is simple: large, professionally managed buildings specifically designed for renters, not buyers. With 19 projects underway, areas like Parramatta, Ryde, and Canterbury-Bankstown are embracing this new approach.
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While rising interest rates are a contributing factor, new research reveals a shocking truth: a record number of Australians are struggling to keep up with their mortgage payments, and it's not just due to higher borrowing costs. The latest data shows that over 1.6 million homeowners, or 31%, are now "at risk" of mortgage stress.
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