A Quarter of Homes in Eastern Australia Purchased Without Mortgage in 2022
Over a quarter of residential properties purchased in Australia’s eastern states in 2022 were mortgage-free, indicating that a significant portion of the population was not affected by interest rate hikes. Property data firm PEXA has released a report that analyses residential property purchases in the states of New South Wales (NSW), Victoria and Queensland between January 2019 and March 2023. ...
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