Forget ‘The Block’, more homes are selling at auction
Season 21 of The Block may be over but the sales are not, with two homes failing to find buyers at auction. It’s a different story across the broader market though. As auction clearance rates heat up we explain how to get your auction game on. Life may imitate art, but reality TV doesn’t always reflect reality. The Block ’s latest final episode is a case in point. Two of the five homes failed to sell at auction. One didn’t even attract a bid. But auction clearance rat
All aboard! The affordability of just one extra train stop
If you’ve just boarded the home buyer express, chances are ‘value’ is high on your list of neighbourhood must-haves. Well, it turns out that house hunters who are happy to stay on the train for just one more stop can be rewarded with savings totalling hundreds of thousands of dollars. When you’re house hunting, it’s not uncommon to want to snag a bargain. One possible solution? Check out the local rail map. New research by PropTrack shows house hunters could save hundreds of
Bank of Mum and Dad stumps up $40,000
They say there’s nothing quite like a parent’s love. Well, perhaps except for a parent’s love plus an extra $40,000 to help buy your first home. Today we’ll look at the pros and cons of family support – plus other ways to buy a first home that give mum and dad a break. Saving a first home deposit can be an endurance test. Nationally, it takes an average of 5.6 years to save a 20% deposit . The catch is that deposits tend to grow slowly, while property prices can rise quickly
What are the chances of another rate cut this year?
The Reserve Bank has the cash rate in a holding pattern, and several of the big banks have scaled back their predictions of another cash...
Separating? Understand your home loan options
Nicole Kidman and Keith Urban are making headlines, having reportedly called time on their 19-year marriage. If you’re also facing a...
99% of brokers have helped their clients secure a lower rate
Switching to a new home loan might sound like a hassle. But new research shows brokers don’t just make refinancing easier, they can also...
Countdown to be in your new home by Christmas
The clock is ticking towards the festive season, and home buyers still have a small window of opportunity to be settled in their new...
Jump into the market up to 4 years sooner with 5% deposit scheme
If you’re like most first home buyers, you’ve probably realised by now that saving up for a 20% deposit can be a real slog. But what if...
5 steps to help you find a competitive edge this home-buying season
Spring is traditionally the peak season for property, and three rate cuts this year could further fuel buyer competition. Check out five...
5% deposit scheme expands early – will it increase house prices?
The popular Home Guarantee Scheme that lets first home buyers get into the market with just a 5% deposit has been expanded sooner than...
