Estate Planning

Most and least popular Aussie states postcodes for first home buyers

Most and least popular Aussie states, postcodes for first home buyers

Astronomical house price growth has seen first home buyers in New South Wales and Victoria seriously struggling to find enough affordable suburbs in their home state, forcing them to look elsewhere and pushing up demand in other states, new data has revealed. Analysis of more than 3,000 transactions from digital loan platform Hashching found that Aussies…
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4 things a game of Monopoly taught this veteran property investor

4 things a game of Monopoly taught this veteran property investor

I recently did something I haven’t done for a long, long time. I played a game of Monopoly. And yes, I won. But I played it with my grandchildren, so I had an unfair advantage. Now the game reminded me of a very important lesson all property investors must understand – and this is that not…
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Aussie house prices to surge 16 this year Fitch warns

Aussie house prices to surge 16% this year, Fitch warns

Lockdowns, border closures and working from home have all helped Aussies save for home deposits, which is expected to drive home prices up even further. Credit rating agency Fitch said low interest rates in Australia have also started encouraging investors into the housing market, potentially pricing out first home buyers. “Government programs, such as support for…
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Axe the tax Real estate experts on why you cant afford a house

‘Axe the tax’: Real estate experts on why you can’t afford a house

Real estate agents and property economists have renewed calls to remove the “inefficient” and “silly” tax of stamp duty, which they say is an obstacle to housing affordability and discourages people from selling their homes. Australians all across the country, bar the ACT, are paying “substantially” more stamp duty than they would have 20 years…
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7.6m Australias ‘million dollar club suburbs in each state

$7.6m: Australia’s ‘million-dollar club’ suburbs in each state

The number of million-dollar suburbs in Australia have soared, with new CoreLogic data revealing that there are now 218 markets across the nation selling homes for upwards of $1 million. The explosion of these pricey suburbs is yet another sign that the pandemic – which caused Australia’s first recession in nearly three decades – has triggered an…
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5 cheapie property locations promising price growth

5 ‘cheapie’ property locations promising price growth

Though house prices are rising all across the country, some pockets in Queensland, South Australia and Western Australia present affordable opportunities for savvy home buyers, an expert has said. Hotspotting.com.au managing director Terry Ryder described Queensland’s Logan and Ipswich, South Australia’s Salisbury and Playford, and Western Australia’s Kwinana as the “ugly ducklings” of real estate that belied “strong potential for capital growth”. “The…
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4 factors impacting home prices besides interest rates

4 factors impacting home prices – besides interest rates

It’s never been so expensive to buy a home. And with super low interest rates – which look set to stay for some time – it’s no surprise property prices just keep rising. Average dwelling prices in capital cities rose 2.8 per cent in March, the largest gain in more than 30 years. And it’s…
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This is what Aussies want from a house post COVID

This is what Aussies want from a house post-COVID

A home office, close proximity to shops and restaurants, and houses in regional areas have risen to the top of the priority list for Australians on the hunt for a new home, new data has revealed. NAB research released today reflects shifting trends in factors that have become more important to Aussie property buyers, who…
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6 figures Heres how much Aussies need for a house deposit

6 figures: Here’s how much Aussies need for a house deposit

If you’re feeling like buying your own property is out of reach, you’re not imagining things; the average Australian house deposit is now six figures, and could take more than a decade to scrape together. Aussies now need $106,743 on average to secure a house deposit, with more than 1 in 10 needing more than…
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