First home buyers (FHBs) are currently in line for the opportunity of a lifetime, and now they can access a unique buyers’ support system that will ensure the all important first purchase is one that will put them on a successful financial footing.
Most of Australia’s capital cities will benefit from the interest rate cuts and loosening of credit restrictions to record dwelling price rises over 2020 with Sydney and Melbourne leading the charge, according to Christopher’s Housing Boom and Bust Report for 2020, released recently by SQM Research.
No . . I’m not referring to beautiful cars, jewellery or fast men – although all those things are great. Property success indicators are pieces of information or data that should influence your property activities. This includes purchasing decisions, renovation and development decisions, as well as the crucial ‘hold’ or ‘sell’ choices.
Given we have more than 10,000+ mini property markets in Australia, the market you’re planning to buy into could be running slow (like Ceduna) or rapid fire (like Bondi) but there’s a few key pieces of information you should have before you buy into any market at any time.
Homebuyers and novice investors are being blindsided by spruikers masquerading as qualified property investment professionals, with the financial consequences dire, according to two peak industry bodies.
A contract of sale is a legal requirement when buying or selling a property in Australia and in most states the contract contains valuable information that can make or break your purchase. The documentation and process differs between states and territories so ensure you dig deep to get across the detail.
While the family home concession announced in the Federal Budget a few years ago was aimed at home owners 65 and over, the rampaging property prices from Sydney and Melbourne have caused a broader group of home owners to consider their options.