Author Archive
First home buyer scheme will be first in, first served
First home buyers will need to move quickly if they wish to benefit from a new government deposit scheme. The Federal Government’s First Home Loan Deposit scheme comes into effect on 1 January next year. The caveat is that there...
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First homebuyers – now is your time
For the first time in a long time, the conditions are right for hopeful first homebuyers to strike and get their foot on the ladder. Over the past 18 months, house prices have slid in many major capital cities,...
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Fees to look out for when buying your first property
When you’re buying your very first place, it can be easy to get caught up in the excitement of it all – as well as how overwhelming it all can sometimes feel. You know how much you’ve been pre-approved for...
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Why buying a home is less risky than starting a business
If you log onto a news website or switch on breakfast television, you could be forgiven for thinking Millennials should just give up on most aspects of life. Wages have stopped growing. The world is an unstable and uncertain place....
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The Rise and rise of the millennials as the new home buying forces
As we have recently written about with the re-emergence of the 1st home buyer and it seems that it’s a new breed that’s the driving force behind this. The Millennial population, who are typically born between 1981 and 1996, represent...
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Rentvesting gaining traction amongst first-time buyers
Did you know that nearly 10,000 dwellings were financed to first property buyers in August? The bought about the same number of dwellings the month before that and the month before that, too. In fact, the percentage of dwellings bought...
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Why pre-approvals are imperative for first homebuyers
First home buyers are continuing to stake their claim on markets across the country with many usurping their competition by being better prepared to make a solid offer. The latest Australian Bureau of Statistics figures show that about 18 per...
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First home buyers are back – big time
Each time a booming market begins to experience a softening of prices, something interesting happens. When the investors get spooked or can no longer afford the entry prices (per chart below) and when upgraders put off their next purchases, the...
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The perfect first home for your investment portfolio
There are plenty of important considerations when securing your first home. They range from the deeply personal like, “Are you ready for the responsibility,” to the practical such as, “Can I really service this mortgage AND maintain my lifestyle?” By...
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Making the most of your first property in Victoria
The old adage goes that you only get one chance to make a good first impression. When it comes to property investing, your first move can determine the future path that’ll be open to you. Do well and the world...
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