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,…
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…
Having finally stared down Greens resistance in the final sitting week of the year, the Albanese government looks set to tick off the last of its 2022 housing commitments in need of parliamentary approval. Like most of Labor’s other housing measures, the Help to Buy and Build to Rent tax reform initiatives are rather narrowly…
Alex and Sarah are like many young professionals in their early 30s—busy building their careers and dreaming of starting a family in the perfect home. But when it came to buying their first family home in Brisbane, they quickly found themselves overwhelmed by the competitive property market. For over six months, their weekends were swallowed…
Using a buyer’s agent for an investment property purchase is becoming more and more common by the day. That’s because savvy investors understand that it pays to work with experts to secure the very best investment-grade properties. However, using a buyer’s agent to buy your home is not so well understood. That’s mainly because many…
You’ve done your research, found the perfect property, exchanged contracts, and waited patiently throughout the settlement period. Now there is just one last hurdle: the pre-settlement inspection. So you shouldn’t assume that the property is in the same condition in the week leading up to settlement as when you exchanged contracts; you need to inspect…
Australia is facing a housing affordability crisis like never before, with the latest data from the PropTrack Housing Affordability Report painting a stark picture of the challenges Australians face in buying a home. According to Paul Ryan, Senior Economist at PropTrack, affordability has now reached its worst level on record. This is not just a…
Australia’s housing market is facing unprecedented challenges, with no clear end in sight. Since 2020, rents have risen by 35%, vacancy rates have hit rock bottom, and the supply of new homes is woefully inadequate. The projected shortfall of 257,000 new homes over the next five years is not just a number—it’s a clear signal…