Is the Great Australian Dream to own your own home over? That's the question on the lips of Millennials around Australia... and indeed many of their parents who are still providing a roof over the head of these 20-plus somethings.
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If Dorothea Mackellar was here today she might replace her famous poetry line about "ragged mountain ranges" with one about the country's home price ranges. Just like our natural geography, the nation's property landscape is one of contrasts.
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While prices are a product of supply and demand, it's worth understanding the factors that sit beneath both sides of the equation. In other words, what drives supply and what drives demand?
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While you're getting your head around the macro, don't lose sight of the micro. Median house prices can vary greatly from suburb to suburb. Here's the local data house-hunters should have to help make an informed decision.
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One in two Australian home buyers1 now borrow via a broker. A dip in sentiment towards traditional banks, tighter lending criteria for investors and better-educated consumers have all helped boost mortgage brokers' popularity over the past decade. There are, indeed, a raft of reasons to turn to a broker for…
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It's no secret tax deductions, in addition to capital gains, remain a carrot for property investors. But tax rules have tightened, and the landscape is always shifting, making it hard for the average person to keep up with what's claimable, and what's not. With June 30 creeping up, Haven looks…
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With the number of first home buyers in the mortgage market continuing to languish near record lows and property prices peaking 1, it’s clear first home buyers need a savvy savings strategy to round up a deposit.
You’ve dog-eared magazines, spent countless weekends at display villages and finally made the bold decision to build rather than buy a home. While choosing where and what to build are exciting and giant steps, you might not feel as enthusiastic about the necessary building contracts and approvals. But knowing your…
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If you have seen the movie Money Pit, in which Tom Hanks and Shelley Long play a hapless couple whose home renovations plummet from bad to disastrous with every swing of the hammer, it’s easy to see why buyers should be beware.
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With fewer first buyers taking out home loans than a decade ago, one might have concerns for the future of the Great Australian Dream. While affordability is squeezing high-demand capitals, such as Sydney and Melbourne, interest rates remain at record lows, continuing to give astute first-time buyers opportunities to purchase…
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