Deposit hurdle gets slightly lower for first home buyers…
First home buyers are able to enter the market a little faster than a year ago, new research has found. At a national level in February, it took 4 years 9 months for a first home buyer to save a 20% deposit on an entry-level house, compared to 4 years 11 months the year before. […]
First home buyer loans rise 12.9%
There’s been a significant increase in first home buyer activity over the past year, based on the latest data from the Australian Bureau of Statistics. There were a total of 9,491 owner-occupier first home buyer mortgages issued across Australia in December 2023, which was 12.9% higher than the year before. First home buyer activity rose […]
Your Must-Have: Checklist for Buying Your First Home in Australia
Planning to buy your first home in Australia? While this is undoubtedly an exciting journey, it can also be complex and challenging at the same time. That’s why we have prepared this comprehensive first home buyers checklist for you. This guide is designed to simplify the myriad of tasks and decisions you’ll face, helping make […]
Renting vs. Buying: Making the Right Financial Choice for First-Time Home Buyers in Australia
The decision between renting and buying a home is a pivotal financial crossroads for many Australians, especially for first-time home buyers. In 2024, this choice remains as significant as ever, shaped by a dynamic real estate market and evolving personal financial circumstances. Understanding the nuances of each option is crucial in making a decision that […]
What Grants Are Available for First Home Buyers in Australia
Navigating the world of real estate as a first-time buyer in Australia can be both exciting and stressful. With property prices continually fluctuating and the complexities of the market, it might seem like an uphill battle. You might find yourself asking questions like, “Is there help available for first home buyers like me?” or “What […]
Getting A Home Equity Loan: Step by Step Guide
When it comes to leveraging the value of your home for financial gain, a home equity loan is a popular option many Australians turn to. Whether it’s for renovating your home, consolidating debt, or funding a major expense, understanding how to apply for a home equity loan is crucial. This guide walks you through the […]
A First Home Buyer Deposit Handbook
Embarking on the journey of purchasing your first home is an exciting endeavor but often comes with the challenge of saving for a deposit, especially for first home buyers. In Sydney’s dynamic real estate market, understanding the nuances of deposit requirements is crucial for aspiring homeowners, especially those navigating the complexities of the first home […]