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First Home Buyer News

See How Rising Property Values Are Fueling Australia’s Financial Boom!

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Some fabulous news just coming in from the Australian Bureau of Statistics: household wealth in Australia rose by 1.5% or $250 billion, during the June 2024 quarter. The seventh consecutive quarter of growth, the recovery and resiliency within the economy can be truly envisioned. Total household wealth has grown to an incredible $16.5 trillion, and …

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Australia’s Million-Dollar Markets on Fire!

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In August, 29.3% of the 4,772 suburbs analysed had a median value exceeding one million dollars, a substantial increase from 21.7% in January 2023, when the market was at a low point following rate increases. This is the greatest percentage observed since April 2022, when 26.9% of suburbs achieved seven-figure medians. “Only 14.3% of house …

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Want Affordable City Living? These Suburbs Are Perfect for Family Homes!

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Affordable City Living in Suburbs • Despite rising property prices, three and four-bedroom houses remain affordable in suburbs 8-25 km from city centres. • Urban prices have risen faster than in rural areas, with properties in urban centres costing an average of 6.8% more than in regional areas. • Top affordable suburbs in Sydney include …

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Saving for a Home? Perth’s Got Your Back!

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The Australian housing market is currently under extreme pressure; with increased rents and low vacancy rates, this market is expected to witness a shortfall of 257,000 homes over the next five years. This has thus placed more pressure on first-time homebuyers and made it increasingly difficult for them to save for their first property. A …

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Victoria Property Prices Drop – Is This Your Chance

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Today’s update:   Victoria Property Prices Drop: A Potential Opportunity for Homebuyers • Rising interest rates are believed to be the cause of the drop in Victoria’s property prices in June. • Western Australia, South Australia, and Queensland are experiencing strong price growth, especially over New South Wales. • The national average price of dwelling …

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