Many first home buyers now have access to a new government scheme that could get them into their first homes years sooner. Housing affordability is a key challenge for many younger people who are struggling to get into the housing market. Despite historically high house prices levelling out and lower…
The history of Australian banking has always been dominated by the big four – ANZ, Commonwealth Bank, NAB and Westpac.
With the uncertainty of tax changes gone, a lessening of borrowing restrictions, and a new scheme to help first home buyers – coupled with two interest rate drops – it looks like things are swinging back into the borrowers’ favour. The election result took most of us by surprise. The…
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.
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.
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?
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.
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 your next home loan. Here are eight to get you started.
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 at tax impacts for property owners and how to maximise returns.
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.
