Almost one third of Australians will buy a property before 2009 is over, despite the current financial conditions causing many people to revisit their financial plans.
Many of those will be investors taking advantage of a buyers' market, according to the annual Consumer Sentiment Survey conducted late last year by Mortgage Choice.
The survey also revealed that job security has overtaken interest rates as the biggest concern.
Victorian homebuyers will be less likely to find themselves gazumped at auction with the enforcement this week of new rules applying to bidding at public auctions of real estate conducted on or after Monday 30 June 2008.
EVERY time there is an analysis of Australia's population growth hotspots, the focus rarely shifts from southeast Queensland, the outermost suburbs of large capital cities, and parts of the eastern seaboard and the southwest coast.