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Tenants in Australia's most expensive suburb are typically spending $136,864 a year on rent. Rents on Sydney Harbour are 49 per cent higher than Australia's average, full-time salary.
The Reserve Bank has issued a new warning about mortgage defaults, just days after it raised interest rates for the sixth consecutive month. NAB is forecasting huge falls in Sydney and Melbourne.
Digital Finance Analytics has mapped out the postcodes in Sydney, Melbourne and Perth, along with some regional areas, where borrowers are particularly struggling to pay their bills.
Digital Finance Analytics has modelled the worst case scenario for property prices as rates keep rising. A 44.3 per cent plunge would see Sydney house values fall by $627,713 to levels last seen in 2013.
The 2Be Parents and Children Calculator helps first home buyers and their parents determine what funds are required and what help is needed to propel the children into the housing market now. With w