A SHARED PLAN

Buying property in Australia is still a pipe dream for many. While markets in some areas have cooled a little in recent months in the lead-up to predicted interestrate rises, there are other factors keeping house prices high, according to a Cash Rate Survey by the Reserve Bank of Australia’s comparison platform Finder, published in February this year. These include labour shortages and supply-chain issues, as well as the reopening of international travel borders.

But even if there is a hiatus in the property market and it stops booming, the current sky-high prices and lack of affordable options means that many people will not be able to afford suitable residential land or a house in the near future. And as for a bespoke home designed by an architect, or even an existing home altered by one, the exorbitant fees required for such personal service make this pathway even more unattainable. However, that has in no way diminished