Microburbs Blog - Page 2 of 9 - Australian Suburbs Under the Microscope

What is a Suburb in Australia

A suburb is a smaller, residential area located on the outskirts of a larger city or urban center. Technically, a suburb is defined as a primarily residential area that is either an independent municipality or unincorporated territory within a larger city or urban area. In this sense, a suburb is a separate entity from the […]

What is a Garden Suburb?

Garden suburbs, also known as garden cities, are a type of residential community that combines the best of urban and rural living. They are characterized by their green spaces, parks, and gardens, which provide residents with plenty of opportunities to enjoy the outdoors and connect with nature. Garden suburbs were first developed in the late […]

What are LGAs and Why are They Important?

Local government areas (LGAs) are administrative divisions of a state or territory in Australia that are responsible for providing local government services to their communities. These services can include things like roads, parks and gardens, public facilities, waste management, and community services. LGAs are typically governed by a council, which is made up of elected […]

Understanding the Impact of Interest Rates on House Prices in Australia

How Interest Rates Affect the Cost of Borrowing One of the key factors that can impact the housing market in Australia is interest rates. Interest rates are the percentage of an amount of money that is charged as interest over a certain period of time, and they are used to determine the cost of borrowing […]

The Role of the Reserve Bank of Australia (RBA) in the Australian Economy

As the central bank of Australia, the Reserve Bank of Australia (RBA) plays a crucial role in the stability and growth of the Australian economy. The RBA is responsible for setting the official cash rate, which is the interest rate at which banks borrow and lend money overnight. This interest rate is an important tool […]

How the Reserve Bank of Australia (RBA) Controls Interest Rates: A Simple Guide

Understanding Monetary Policy and the Official Cash Rate As the central bank of Australia, the Reserve Bank of Australia (RBA) plays a crucial role in the stability and growth of the Australian economy. One of the main tools that the RBA uses to achieve this is the official cash rate, which is the interest rate […]

Why Interest Rates Are Raised During Inflationary Periods: A Simple Guide

When it comes to understanding the economy, one of the key concepts to know is inflation. Inflation is the general increase in prices of goods and services over time. It’s usually measured by an index, such as the Consumer Price Index (CPI), which tracks the average price of a basket of goods and services consumed […]

Real Estate Terminology in Australia: A Beginner’s Guide

If you’re new to the world of real estate in Australia, you might feel overwhelmed by all of the unfamiliar terms and jargon. To help you navigate the real estate landscape, here is a beginner’s guide to some of the most common terms you’ll encounter when buying, selling, or investing in property in Australia: Agency: […]

Understanding the Different Types of Property Titles in Australia

When it comes to real estate investments and first home purchases in Australia, understanding the different types of property titles that exist is important. Property titles determine the rights and responsibilities of the owner of the property, and can have a significant impact on how the property can be used and developed. Here are the […]

The Benefits of Using a Real Estate Agent When Selling a Property

Real estate agents are professionals who are licensed and trained to assist people in the process of buying and selling properties. If you are selling a property, a real estate agent can provide valuable assistance and expertise to help you navigate the process and achieve your goals. Here is a closer look at what real […]