First-home buyers are prepared to compromise on trendy neighbourhoods, safe streets, and proximity to work and public transport in order to get their foot on the property ladder, according to the findings in the 2017 Westpac Home Ownership Report.
APRA measures push investors out, let first-home buyers in
APRA's efforts to clamp down on investor lending are taking effect, with the latest data from the Australian Bureau of Statistics showing that as investor lending declines, first-home buyers are increasing their presence in the housing market.
If you are planning to help your children buy a property, consider the risk their future partner or a creditor might make a claim on the asset that you have funded.
Great Australian dream still alive, just different
The average age of the Australian first-home buyer has remained remarkably consistent at around 32 years, according to the new CommBank Connected Future Report.
The Northern Territory’s generous first-home owner subsidies are influencing more aspiring buyers to take a first step onto the property ladder in Darwin, according to Raine & Horne.