The real estate market has been through a rollercoaster of interest rate changes in recent years. Understanding these shifts—and what they mean for you—can give you a real edge whether you’re buying or selling a home.
New data shows that Millennials are digging deep to save for a home, even prioritising home savings over holiday and travel savings.
Nationwide measures of housing prices are little changed over the past six months. Conditions in the Sydney and Melbourne housing markets have eased, with prices declining in both markets. Housing credit growth has declined, with investor demand having slowed noticeably.
The FHSS is a scheme introduced in the 2017-18 federal budget which allows FHBs to make voluntary contributions to their superannuation to save for a home. Applications to release contributions will start July 1 2018.
One of the best ways to get financial assistance with a first-time purchase is using government grants. But depending on where you buy, you’re going to face very different requirements and receive very different amounts.
The nine suburban central business districts in the Northern Suburbs of the Illawarra are continuing to show the benefits of increased tourist visitation and a sustained residential population growth. Evidence of these thirving conditions is the sale made by MMJ Wollongong of 43-45 Princes Highway, Fairy Meadow. This transacted prior to auction, to an established local investor at a record yield of 4.2% net.
How does the RBA interest rate affect you and your property value. We constantly read and hear about the RBA’s interest rate and how it will affect the economy, but how many of us know what it is?