Experts have revealed first-home buyers now need an average deposit of more than $110,000, while monthly repayments have also skyrocketed.
DEPOSIT
First-home buyers could take up to 15 years to save the deposit needed for their Great Australian Dream, according to new research.
The time to save a deposit to buy an entry-level house has blown out by an additional four months on average across capital cities.
Single parents in most major cities in Australia will not be able to afford a home or unit under the federal government’s new 2 per cent deposit scheme.
Single parents buying their first home may soon be able to do so with a deposit of only two per cent under a new federal scheme.
First home buyers are plunging into the market during the pandemic, but for most, it’s taken a good few years of saving to get to the point of purchasing.
I am keen to buy my first property in Australia, but I have heard that I need 20% deposit, it could take a while for me to do this, is there any other alternative?
It is not always easy to save up your deposit with all the many spending options available to you as an expatriateThe good news for you is that recently some ba…
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Local and interstate buyers still can’t get enough Gold Coast apartments, with South East Queensland’s boisterous buyer activity and aggressive price growth looking likely to continue for the foreseeable future.
Melbourne-headquartered Metricon Homes says strong growth in its Queensland operations helped maintain its position as the nation’s top homebuilder for the sixth consecutive year.
Property investor Michael Nikolovski has seen a childhood fascination with Lego evolve into university degrees in construction management and architecture, jobs in the building industry, his own residential building company and a portfolio worth around $15 million.
Australia’s biggest bank is dipping its toe into property management, becoming a cornerstone investor in a $25 million capital raise by proptech platform :Different.
Boutique lender Greater Bank has set a record low for a fixed rate loan, signaling rising competition for lenders around short-term fixed rates.
Property investors expect values to keep rising and have their eyes firmly on the Sunshine State, but fewer intend to buy in the next 12 months than at the same time last year, a new survey has revealed.
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