Sellers might struggle to re-enter the market as unit prices fall significantly behind detached house prices.
The state aims to contribute up to 25% of the purchase price in exchange for a stake in the property.
The deposit scheme specifically catered to single parents are also gaining traction.
Experts say stamp duty continues to be a major factor that dampens housing affordability, particularly for first-time buyers
Clearance rates provide a quick insight into the state of the market but the question remains if it could holistically gauge the overall housing demand.
Several factors could dampen buyer sentiment over the medium term — worsening affordability is top of the list.
New research has laid out 10 suburbs that have remained affordable despite the price gains over the past year.
The Green Building Council of Australia is in the process of releasing the world's first mass market residential climate-positive certification