It’s a tough time for home builders who are struggling to stay afloat after new housing starts plummeted by over 20 per cent in 12
First Home Buyers
You might expect first homebuyers to be targeting the lower end of the property market, struggling to get a foot on the property ladder financially, but somewhat surprisingly there’s still plenty hitting up the inner city areas.
The inner western suburbs of Melbourne are becoming a highly sought-after location for first-home buyers trying to crack into the soaring housing market.
Ever been turned away from a nightclub door? Of course you have, we all have! Well, now some punters in Melbourne are experiencing that same old feeling just trying to inspect a home open with housing demand experiencing a sharp spike.
The Federal Budget has given a boost to an extra 10,000 first-home buyers trying to crack into the property market
It’s a tough time for everyone in the property market right now but a raft of government incentives are providing fertile ground for first homebuyers.
Making poor decisions in your first foray into the property market can cost dearly so it’s important to avoid the avoidable.
Major think tank player the Grattan Institute says the new federal government plan to help first home-buyers afford a deposit is ineffective and might even be counterproductive.