There’s a moment when you’re in the market for a property that you must decide it’s time to stop looking and to start buying. Many people find this part of their search the most confrontational. But it can be easily avoided by researching the availability of your target style of property in your preferred suburbs.
It’s a tense time for buyers if you’ve set your heart on breaking into the market or upgrading to your new home. The shortage of properties coming on to the market, coupled with pent-up buyer demand created by Covid restrictions, has seen prices constantly rising. With a 2.8% rise in March, prices have been heading
If you’re dreaming of owning your first home, here are some lessons from the frontline of property investment that could help you build your personal wealth for the next decade or two. Successful property investors all apply a remarkably similar methodology for buying property and following these lessons can add hundreds of thousands of dollars
f you’re thinking of buying your first home, don’t make the mistake of beginning by spending weekends in search of your dream home. That part of the journey will come soon enough, but it’s not where you should start. Instead, you need to focus on securing your finances, or you’ll never be sure how much
Two state government schemes designed to encourage property ownership have now made buying your first home in NSW more attractive. The State Government will provide $10,000 under the First Home Owners Grant to applicants who are planning to purchase either a new property or one that has been substantially renovated. It has also eased the
If you’re a first home buyer, having your finances organised and a loan pre-approved before you start looking for your home can help you save time and avoid disappointment. Here’s our quick guide to what you need to know. How much deposit do you need? Most mortgages are based on a 20% deposit on the
An apartment is a great option if you want a low maintenance lifestyle, improved security or want to be able to afford to live in an area that would otherwise be out of your budget. Look for: A great location Choose an apartment in a suburb where they’re a major part of an area’s housing
Searching for the right property can be a tiring process if it stretches from weeks into months. Cutting corners on how thoroughly you look at it is understandable as a sense of despair sets in. But that’s a grave error. If an apartment grabs your attention, then double-down on a basic inspection before you get
Buying your dream home can come with a list of costs that do not have to be a nightmare if you plan in advance and budget for them. These expenses can amount up to 10% of a property’s value. Sometimes, it can feel like someone always has a hand in your pocket. Some costs, such
Saving for a new home or your first home is one of life’s biggest challenges but there are some great approaches to help you achieve you target amount faster. Saving for a property can take many months, even a couple of years. While it can feel a little isolating, many others are out there in