Sunday, February 23, 2025

Why Australians are struggling to find affordable housing




Photo by Belle Co via Pexels

61% of renters faced multiple rent hikes in two years.

Australians are facing mounting challenges in securing housing as rents soar, house prices fluctuate, and property issues persist, according to The Real Property Report 2025.

The report, commissioned by Real Insurance with MyMavins, states that 73% of renters feel pressured to enhance their applications, with 77% believing they must stand out. More than half (57%) feel compelled to offer above the listed rent, sometimes by $124 per week, adding up to $6,000 annually.

Additionally, pet owners struggle to find housing, spending over nine hours weekly searching for pet-friendly properties. Leasing agents add to the frustration, with 60% of renters reporting negative experiences and 68% avoiding applications due to poor interactions.

Rent hikes worsen financial strain, with 61% experiencing two or more increases in two years. Many renters are cutting costs, with 48% reducing savings, 45% feeling financially stressed, 38% cutting non-essentials, and 34% struggling with bills.

Homebuyers also face challenges. About 60% encounter unexpected property issues post-purchase, even after inspections. Moreover, 66% feel misled by real estate agents, citing undisclosed damages (21%) and hidden fees (17%).

The process is emotionally taxing, with 40% feeling stressed and anxious. The biggest frustrations include moving (42%), surprise building issues (35%), and dealing with agents (34%). At auctions, 59% feel pressured to bid above budget.

Despite these struggles, 31% remain optimistic about homeownership, though 51% had to compromise on location due to high costs.

"Expensive rents are trapping renters,” said Joel Dignam, executive director of Better Renting. “The cost of everyday essentials, including housing, has got to a point where many renters face little chance of saving up a house deposit, especially when house prices are increasing."


Don't just visit Bali, experience it! This weekly “Bali Travel & Real Estate News” summary is your key to unlocking a richer, more informed journey.

 Tune in each week and discover how to make the most of your time in paradise.

______________________

This Weeks Bali News

___________________

Bali Ranks 2nd in Tripadvisor's Best of the Best Destinations 2025


TEMPO.CO, Jakarta - The online travel platform Tripadvisor has listed 
Bali as one of the chosen destinations in its Traveler’s Choice Awards Best of the Best 2025. The Island of the Gods is ranked second after 

Blog With Photos & Details Here
__________________________

Bali’s Illegal Villas Are Thriving — And Online Platforms Aren’t Helping


Bali's tourism industry already has its fair share of challenges, so the last thing it needs is another issue that could hurt its reputation and future.

Blog With Photos & Details Here
__________________________

How Are Sanur, Icon Bali Mall, and Cultural Events Contributing to Denpasar’s Transformation into a Major Tourist Hub in Bali?



Denpasar, the capital of Bali, is gearing up for a significant increase in international tourism in 2025. 


Blog With Photos & Details Here
__________________________


Bali’s Denpasar Wants To Welcome More International Tourists In 2025


Bali’s Denpasar is on a mission to welcome more international tourists in 2025. Denpasar City is home to a wealth of incredible cultural landmarks and historical gems.

The coastal resort of Sanur is also under the jurisdiction of Denpasar City, and the resort does not have a big year ahead, at least not with the opening of the Bali International Hospital.
Blog With Photos & Details Here
__________________________

Bali leads the charge in Indonesia’s rental boom while other regions struggle to keep pace


Bali’s formula of culture-rich island bliss is sending its rental market soaring, but other parts of Indonesia are faring less successfully.

Jakarta’s market has slowed with lukewarm demand from buyers stalling the introduction of new inventory. 

Barely a week passes without a grinning influencer uploading a video extolling Bali’s virtue, complete with sweeping shots of luxury villas and artfully arranged acai bowls.

Blog With Photos & Details Here
__________________________

The people swapping their homes with strangers instead of using hotels or Airbnbs


Lauren Shaw swapped her home in New York to go on a skiing vacation.
Lauren Shaw loves to travel. But putting her own place up for rent? No way.

Blog With Photos & Details Here
__________________________

Tripadvisor Bali Beach #9 Best of the Best Beaches 2025

Kelingking Beach

The Travelers’ Choice Awards Best of the Best title celebrates the highest level of excellence in travel.

It’s awarded to those who receive a high volume of above-and-beyond reviews and opinions from the Tripadvisor community over a 12-month period. Out of our 8 million listings, fewer than 1% achieve this milestone.

Seven reasons Bali remains an Aussie holiday favourite year after year


Another day, another press release outlining where 
Australians travelled in 2024, and where they're planning to travel in 2025.

Blog With Photos & Details Here
__________________________

6 Breathtaking Tourism Villages You Need to Visit in Bali




TEMPO.CO, Jakarta - Bali has become one of the most popular tourist destinations in the world, and not without reason. Besides its beautiful scenery, the local wisdom and customs are well preserved through the presence of tourism villages which also have their own appeal.

Blog With Photos & Details Here

_______________

This Weeks Special Real Estate Deal

____________________

Special Offer: Stunning Bali Villa 

at IDR 4.8M – 

Reduced for Quick Sale!

Prime Location Across Hyatt Regency:


Nestled in the heart of Sanur, this luxurious 3.5-bedroom, 3.5-bathroom villa offers the ultimate blend of convenience and elegance. 

Just steps from the iconic white sand beach and across the street from the Hyatt Regency Hotel, this property provides unmatched access to world-class amenities. 

Luxurious Features with Endless Comfort
Built in 2002, the villa spans 250 sqm on 550 sqm of land, featuring a private eight-meter swimming pool, a spacious garage, and beautifully designed interiors that reflect meticulous craftsmanship.

This is a rare opportunity to own a piece of paradise in Bali—don’t miss out on this special offer, reduced for a quick sale!
___________________________

Last Weeks Bali News

___________________________
The 17 best things to do in Ubud, Bali

Lonely Planet Editors

One of Bali’s most seductive regions, Ubud has a cultured vibe, accented by thrills, surprises and unexpected delights. Centered on the town of the same name, the area is a vibrant hub for Balinese customs and crafts, famed for its temples, cultural institutions, artisan villages and wellness activities.

Blog With Photos & Details Here
__________________________

Indonesia's Low Inflation Rate Draws Envy from ASEAN and G20 Nations, Says Sri Mulyani


TEMPO.CO, Jakarta - Finance Minister Sri Mulyani Indrawati stated that several ASEAN and G20 countries are envious of Indonesia's currently low inflation rate.

"At present, our inflation rate is perhaps among the lowest in ASEAN and the G20 countries, which makes many countries envious," 

Blog With Photos & Details Here
__________________________

Bali Continues To Catch Foreigners Running Illegal Businesses On Island

Foreigners in Bali who are operating on the wrong side of the law are being found out evermore quickly by immigration officials.

The arrest of four foreigners this week on suspicion of working on tourist visas comes as a stark warning to foreigners who are considering overstepping the mark of their visa permits.

Blog With Photos & Details Here
__________________________

Rental markets surge in Asia as digital nomads find new opportunities with visa reforms

Rental markets around Asia are booming as countries race to attract a mobile workforce with tailored visa programmes.


Not so long ago, trading an office desk for a beachfront villa in Phuket or a coworking space in Bali felt like a far-fetched fantasy. Today, the rise of digital nomads has redefined remote work, transforming cities, resort towns, and real estate markets across Asia.

Blog With Photos & Details Here
__________________________

Bali Meets Tourist's Growing Demand for Premium Steak with the Opening of Blossom Steakhouse in Sanur


Tomahawk Steak from Blossom Steakhouse, Sanur, Bali, Indonesia


The island of Bali is set to satisfy the growing appetite and demand from tourists for premium steaks with the grand opening of Blossom Steakhouse. This new establishment brings an unparalleled selection of high-quality cuts, expertly grilled to perfection, catering to the increasing number of locals and tourists seeking an exceptional steakhouse experience in paradise.

Blog With Photos & Details Here
__________________________

'Living like a local in Bali has changed how I see solo travel’

The island's charm goes beyond beaches and romantic getaways


From lush greenery to serene sunsets

I HAVE not done much solo travel until I hit 43 and one of my all-time favourite destinations to visit was Bali.

Blog With Photos & Details Here
__________________________

Bali Travel Alert: Cyclone & Monsoon Impact - What You NEED to Know! 

Storms near Australia and their impact on Bali

Is your Bali vacation being rocked by wild weather? You're not alone.

A unique combination of weather patterns, including a record-breaking delayed monsoon in Australia and the effects of a nearby tropical cyclone, are causing havoc in paradise. Don't get caught off guard – here's what you need to know:

Blog With Photos & Details Here
__________________________

Ever dreamed of Retireing in Bali?

Now You Can!


Bali Luxury Retirement Villas

> Private pool
> 80 years of Lisa's included
>Cost of living up to 70% Less
>200 Meters to safe clean sandy beach

2 Bedroom 2 Bath, private carport


Start at 4.88 Miliar ( Approximately $298,000 U.S.D.  for 80 years )

See photos and Details Here
____________________
Bali, with its stunning landscapes, rich culture, and warm hospitality, is the perfect destination.

Whether you're looking for a luxurious villa with ocean views or a charming traditional home nestled in the rice paddies, we can help you find your ideal property.



Start at 5.88 Miliar ( Approximately $378,000 U.S.D.  for 30 years )

See photos and Details Here

With over 20 years of experience in Bali real estate, our team has the expertise and local knowledge to guide you through the entire process, from finding the perfect location to securing the best possible price.


Why Choose Us?

  • Established and Trusted: We've been assisting individuals and couples like you since 2004.
  • Extensive Network: We have access to a wide selection of villas, homes, and land for sale or rent.
  • Award-Winning Properties: Our portfolio includes some of Bali's most prestigious developments.
  • Unparalleled Service: Our dedicated team provides personalized support every step of the way.

Ready to Explore Your Options?

Contact us today for a complimentary consultation. 

We'll be happy to answer your questions and help you discover the perfect Bali property to suit your lifestyle and budget.

Call us in English or Bahasa Indonesian

1.     Head Office  + 62-361-284069

2.       Xander Ashton + 62 811-3890-507

 or xanderaptbali@gmail.com


No comments:

Post a Comment

Bali Becomes the Most Sought-After Destination for Indian Tourists in 2024

Mila Novita TEMPO.CO, Jakarta - Interest from Indian tourists for vacationing in Bali is increasing. This year, Bali made it to the list o...