Sure, there’s been a lot of talk about the challenges being experienced by First Home Buyers (FHBs) but the latest Mortgage Insights Report by Money.com.au reveals groundbreaking trends in the September 2024 quarter, highlighting their growing influence and adaptability. From Victoria’s record-breaking loan growth to the surge of “rentvesting,” FHBs are proving they’re anything but…
Is your current home the right fit for your lifestyle – or are you struggling to find a place that truly meets your needs? For many Australians, “rightsizing” has become the answer, as they search for homes that better align with their stage of life and evolving personal needs. However, in the pursuit of finding…
With more suburbs reaching the million-dollar mark, many potential homebuyers are left wondering just how much they need to earn to join the million-dollar homeowners club. You may be surprised to learn that the salary required to buy a $1 million property isn’t as high as you might think. What does it take to buy…
Once a rite of passage, owning a home in Australia now seems like a privilege reserved for the few. How did we get here? A recent article in the Australian Financial Review exposed a dramatic shift in the housing market, one where the dream of owning a home is increasingly reserved for the affluent. And…
The market has moved on to the next phase of the property cycle. This means both buyers and sellers both need to adjust their strategies to be successful. So here are some tips to help no matter which side of a property transaction you find yourself on: 5 top tips for buyers 1. Be prepared Even though…
Whether you are a property investor or a homebuyer, understanding what homebuyers are looking for has never been more crucial. As homebuyers make up around 70% of our housing markets, they are the ones that drive property price growth. With spring now in full swing, new research by Domain reveals that today’s buyers aren’t just…
While many locations around Australia have enjoyed strong capital growth over the last year, the luxury end of the market has been a little quiet, but that’s not unusual at times of economic uncertainty. If you think about it, you don’t need a new $20 million luxury home when you’re $15 million home suits you…
The Australian property market is buzzing with activity in unexpected places, as buyers shift their focus to suburbs that promise a blend of lifestyle and affordability. While interest rates and affordability dominate national conversations, certain “golden suburbs” are emerging as hotspots, drawing attention for their family-friendly amenities, access to green spaces, and proximity to infrastructure….
Australia is one of the hottest ‘education destinations’ in the world – in fact, we are ranked third with one in five of our tertiary students coming from overseas, according to the Australian Bureau of Statistics. This coupled with an overall increase in the number of places being offered by universities is resulting in greater…
It seems that the Australian dream of homeownership slipping away for first-home buyers. For many Australians, the dream of homeownership is a symbol of stability and success. But in 2024, that dream is becoming increasingly elusive for first-home buyers. According to Canstar’s First Home Buyer Survey 2024, the average savings rate for first home buyers…
