Box Hill


Millennials need the ‘Bank of Mum and Dad’ for more than just housing

IT LOOKS like a home isn’t the only thing struggling millennials might miss out on if they can’t rely on help from the ‘Bank of Mum and Dad’. And it’s all thanks to rising house prices. New research from the Australian Housing and Urban Research Institute (AHURI) by researchers from RMIT University and Curtin University has shown a correlation between university education and intergenerational wealth transfers through housing. The report, A new look at the channels from housing to employment […]

Melbourne property prices: The top school zones for house price growth

School catchment zones have become an increasing concern for Melbourne buyers as the city’s population continues to balloon and place further pressure on enrolment limits. And it is now getting even tougher for Melbourne parents to afford to get their children within certain zones, with the city leading the country in terms of house price growth per school catchment. Some popular schools zones have outpaced city-wide averages by more than double, an analysis of the top school zones for price growth […]