If you’re already a homeowner, the rising value of property in most parts of Australia is likely to be something you’re celebrating. But for many would-be buyers, renters and parents, rising costs and lower affordability are a source of enormous frustration.
House hunting can be an emotionally and physically draining. So what’s the secret to keeping your cool and coming out on top?
Does the thought of house hunting with kids fill you with anxiety? Probably, but it doesn’t have to.
The average first home buyer’s loan in Australia is over $315,000 which means to save for a 20% deposit sometime in the next decade you may need to put away a few hundred dollars a month. Savings accounts are still the most popular way for Aussies to save money but with interest rates at historically low levels the returns can look pretty meagre.
Despite predictions of a slowdown in the growth of Australian property prices in 2017, the double-digit percentage increase in market values over the last year shows no real signs of easing.
No one said buying property was a piece of cake. But what if we look at the property market through a different lens and take a step back from all the market changes, confusion and complexities? With a fresh perspective, we might see things a little more clearly, so in this article we ask, in the future, what property decisions would our kids wish we had made?
South Australia has moved on from a state renowned for sheep, wheat and wine, to one that has become a lucrative environment for property investment.
We reveal the most affordable suburbs across Australia within an hour’s travel distance to the CBD.
Moving out of home can be empowering but also daunting – especially if you’re buying your first home. So here’s your handy checklist of what you need to know to make it work.
We take a fascinating look at Australia’s spending and saving habits and how they vary across the country. How do you compare in the mix?