Buying or selling a home can be complex and time-consuming. Even before you make the ‘big decisions’ about which property to buy, which home loan to select, or which agent you engage to sell your home, you have other important decisions to make. You are more likely to make the right choices and avoid expensive mistakes by doing your research. Use our articles from leading experts whether you are buying or selling a home to prepare for this big step.
It’s clear that the trend for home ownership among our younger generation is on a downward trend, and while affordability is a key issue, there is more than meets the eye. ABS data shows that over half (55%) of Millennials, in the age bracket 25-39 years old, are homeowners compared with 62% of Generation X…
As parents, we all want to see our children succeed in life. And spreading their proverbial wings and flying the family nest to branch out on their own is a big move, particularly when they’re contemplating that first home purchase. While we might feel a paternal pull to help them up the property ladder, we…
Have you finally found the perfect property but now have no idea how to take the next step? Don’t worry, like many buyers out there, you’re not alone! To help make things a little easier for you, in this article we get down to the nitty-gritty of making an offer and tell you exactly what…
The Australian housing market is in crisis: soaring prices, increasing rental stress, declining homeownership rates and a growing number of people experiencing homelessness. In response, Prime Minister Anthony Albanese announced a $33 billion housing investment plan in his government’s latest budget. This is a central plank of Labor’s re-election pitch, aimed at showing housing commitment by: Making it…
Owning a home has long been considered a cornerstone of the great Australian dream. For many, it’s not just about securing a place to live, it’s a symbol of financial stability, success, and a ticket to long-term wealth. But as property prices have skyrocketed, outpacing inflation and wage growth, homeownership has become increasingly difficult to…
For young Australians, breaking into the housing market feels tougher than ever. Many now fear they’ll never be able to own a home. Despite public debates on whether it’s truly harder to buy a house than it was decades ago, falling homeownership rates across generations suggest the market has indeed shifted significantly against those just…
Retirement is meant to be the time to relax, enjoy life, and reap the rewards of decades of hard work. Yet, for many Australians, the dream of a carefree retirement is increasingly overshadowed by the burden of a lingering mortgage. Owning your home outright by retirement was once a hallmark of financial security. But now,…
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…
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…
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…
