property-3
02
Dec

When interest rates could peak

After eleven years of declining interest rates, the Reserve Bank of Australia has told homeowners to prepare for higher borrowing costs. The big question is once rates do start to rise; how high will they go? Australian households are among the most indebted in the developed world. As of June, total household debt as a…..

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property-3
02
Dec

How to save money when moving home

Moving can be expensive, but there are ways to reduce the costs. The biggest way to save money when moving is to do it yourself. But moving an entire home’s worth of furniture and possessions can be a huge undertaking, and it’s not for everyone. It’s physically tiring, you’ll need several people to help you,…..

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property-3
01
Dec

Housing values continue to rise in November, but conditions are diversifying as stock levels rise and affordability pressures mount

Australian housing values were 1.3% higher in November marking the 14th consecutive month where CoreLogic’s national home value index recorded positive value growth. The November update takes national housing values 22.2% higher over the past 12 months, adding approximately $126,700 to the median value of an Australian home. Although values are continuing to rise, the…..

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property-3
01
Dec

The four most common mistakes first homebuyers make during housing booms

A home is the biggest purchase most people will ever make but few homebuyers get it right the first time. With skyrocketing prices and a shortage of listings putting pressure on buyers to make snap decisions with their purchases, buyer’s agent Michelle May said it was inevitable for buyers to come up short in certain…..

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property-3
30
Nov

Social Housing Future Fund needed to address housing affordability: Grattan Institute

More of Australia’s low-income earners could have a roof over their heads under a new proposal to fund and build more social housing. Up to 3000 houses could be built every year from the profits of a $20 billion investment by the federal government in a social housing future fund, under a plan put forward…..

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property-3
24
Nov

How much could borrowers save on their home loan when interest rates rise by making extra repayments now?

Home borrowers facing the prospect of higher interest rates could cut their future repayments by paying off more now, with new figures revealing the savings on offer. Fixed mortgage rates have already started to rise from their historical lows as the Reserve Bank unwinds its emergency stimulus measures. While the central bank expects to be…..

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