Buying your next home can be a daunting task, especially if it’s your first home. It’s exciting but full of complexities. While it’s likely to be the largest financial transaction you will ever make, we’ve found that many home buyers are poorly prepared to ensure they make a good purchase decision. And it’s not their…
Most homeowners keep a close eye on interest rates. After all, it’s one of the biggest factors influencing mortgage repayments. But there’s another rising cost that has been quietly creeping up—one that you can’t negotiate, refinance, or shop around for. Council rates. Over the past decade, council rates have surged by 39% nationally, outpacing inflation…
When it comes to buying a new property, one of the first things to think about is how much money you can afford to repay each month. While taking out the largest mortgage possible might seem tempting, the higher the mortgage, the higher the repayments, so too much could see you end up with very…
Did you know that more than 80 per cent of Australia’s houses have less than half the energy efficiency rating of homes built to today’s standards? That’s a staggering statistic, but it also highlights a growing issue for homeowners and property investors alike. With rising energy costs and increasing environmental awareness, buyers are now seeking…
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…
The Australian property market has transformed dramatically over the past five decades. While house price growth has fueled wealth for some, it’s left others grappling with skyrocketing costs and an increasingly elusive dream of homeownership. According to new analysis from Money.com.au, house prices in Australia’s capital cities have surged by 3,435% in just 50 years,…