Finance Talk: What are the options for buying land to build a house in Australia?

With the Reserve Bank's 4.35% interest rate, rising inflation, and individuals with average incomes struggling to afford a home, what will the real estate market look like in 2024? Financial advisor Bishwas Bhattarai explains the recent interest shown by communities, including Nepalis, in the real estate market in Perth and the process of buying land in Australia.

House prices dipped in Melbourne during 2023. Source: AAP