First Home Buyers

Ballooning Housing Debt Prompts Talk Of Lending Restrictions From Regulators

personOtto Dargan access_timeOctober 5, 2021

The Australian housing market has an imminent crisis looming. Surging property prices, record-low interest rates and increased lending of high-debt home loans are likely to result in a housing bubble burst due to ballooning housing debt. The Australian Prudential Regulation Authority...

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Top First Home Buyer Tips And Advice From The Expert

personOtto Dargan access_timeAugust 30, 2021

When it comes to purchasing your first home, there are many things to consider and lots of decisions to make. It can be easy to overlook the most important parts of the process, so here are six first home buyer tips to keep in mind. Tip No. 1: Talk To Your Parents Getting...

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The 6 Biggest Mistakes First Time Home Buyers Make

personOtto Dargan access_timeAugust 26, 2021

Buying a home is one of the biggest purchases you will ever make. Yet, over and over again, we see first home buyers make the same mistakes along the way. We want to help you get it right. So, here are the six biggest mistakes many first time home buyers make and you should...

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First Home Loan Deposit Scheme Adds 30,000 Places, Raises Price Caps

personOtto Dargan access_timeJuly 1, 2021

The price caps for homes purchased under the First Home Loan Deposit Scheme (FHLDS) have been raised by $100,000 or more across most states and territories barring the ACT, where they remain unchanged. Given the strong growth in property prices this year, this is welcome and...

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Western Australia Is A Strong Choice For The First Home Buyers

personOtto Dargan access_timeJune 30, 2021

According to new research, more than 22,000 new housing loans to first home buyers in Western Australia were approved in the ten months between July 2020 and April 2021, nearly double for the same period the year before. In comparison to New South Wales and Queensland property...

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Investment Lending Experience Fastest Growth In 18 Years

personOtto Dargan access_timeMay 5, 2021

Australian Bureau of Statistics (ABS) figure shows investor lending up 12.7% in March, compared to a 0.9% dip in first home buyers. As expected from the rise in property prices, lending figures in March and April showed home buyers dropping slightly. Investor lending committed...

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6,491 First Home Buyers Aged 40-Plus Bought Property In Victoria

personOtto Dargan access_timeApril 28, 2021

Lender policies might not be the only thing that’s fluctuating in the mortgage industry. According to CoreLogic, property prices slowed down in April to 2.2% in Sydney and 1.3% in Melbourne. However, April may not be the best month to start predicting the slowdown of the housing...

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NSW Stamp Duty Changes: What Are The Benefits?

personOtto Dargan access_timeNovember 19, 2020

The New South Wales government is proposing to abolish stamp duty as part of its 2020-21 budget announcement on 17 November 2020. Instead of paying stamp duty upfront, it would be replaced by an annual land tax. Stamp duty is a government tax paid when you buy a property. First...

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Australian Property Market Update: September 2020

personOtto Dargan access_timeOctober 9, 2020

Falling home values in Sydney and Melbourne pushed the national housing market into its fifth consecutive month of decline. Six of the eight capital cities had a rise in their home values over the month. Only Sydney and Melbourne recorded a decline of 0.3% and 0.9% in September. There...

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First Home Loan Deposit Scheme: 10,000 New Places Added

personOtto Dargan access_timeOctober 7, 2020

The federal government added another 10,000 new places under the First Home Loan Deposit Scheme for new homes also known as the New Home Guarantee for first home buyers looking to purchase a new home or a newly built home. Also known as the FHLDS New Home Guarantee, eligible...

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