Downsizing to a smaller house can sometimes feel overwhelming, but at some stage in our lives, the pros will begin to outweigh the cons. After all, downsizing your home to a smaller one is a great opportunity to save money and free up both your time and property equity. And it could help unlock some…
Saving for a home deposit is a significant milestone for many, but the path to securing it can be difficult and take several years to achieve. Many people question how to save for a house deposit in the quickest and most efficient way, and thankfully I do have some tips and tricks to help. Here’s…
Freshly baked cookies on the counter to create a warm family feel… A fruit bowl filled with lemons and limes to draw attention to the chic bar set-up… Even a staged bottle of champagne on the balcony to show you how you could be living in the lap of luxury. These are just some of…
From high property prices to restricted borrowing capacity and even sky-high rent costs, it’s harder than ever for first-home buyers to break into the property market. The Reserve Bank’s 13 interest rate hikes, sluggish wage growth, and higher deposits are just some of the many factors that have put many buyers on the back foot….
With our housing markets picking up around Australia there’s a whole young generation of first-home buyers getting onto the property ladder. The problem is, many of these First-time property buyers forget that the purchase price is not the end of their homeownership financial outgoings. There are a number of expenses that will continue for as…
One of the skills of being a good negotiator is knowing when not to talk but to listen. I have found that many inexperienced negotiators are too eager to show off just what they know. This can work against them as they often reveal too much too soon, in particular about what they are willing…
Some of the most attractive homes are hiding a stack of problems. That is the thing about property flaws: they’re hidden beneath the house, in the walls, or are simply hard to detect with the naked eye. You end up falling in love with the home, its attractive décor, and you buy it. Then six…
Deciding to sell a property, whether it’s an investment or your own home, is a big step. You might be planning to upsize, downsize, relocate, or let go of an investment; regardless of your motivations, selling your property comes with a lot of considerations. Choosing the right real estate agent is key in helping you…
The Reserve Bank’s decision to hold the cash rate steady at 4.35% in March wasn’t surprising. Many are betting on a downward trend in interest rates soon, though the exact timing remains a mystery, with some commentators now, believing it will be later in the year, initially hoped for. According to PropTrack’s Senior Economist, Eleanor…
It’s official – housing affordability in Australia is at a crisis point. A startling report by the Real Estate Institute of Australia reveals that families are now allocating nearly half of their income to mortgage repayments. Specifically, the average household spends just shy of 48% of their income on home repayments. The latest Housing Affordability…
