Michelle May Michelle May

Home risk you can’t afford to ignore

For those buying an apartment, the “shiny and new” nature of an Off The Plan development can be an attractive proposition – but it can also be risky.

Here are some of the most important things to consider before buying Off The Plan (OTP)

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Michelle May Michelle May

Property price rises ease as new listings hit the market

Over the course of September home prices edged up by just 0.04% across the country, though that was enough to ensure that Australia's median home value rose to a record-high $792,000, according to the latest PropTrack Home Price Index.

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Michelle May Michelle May

‘Beyond your control’: dire homebuying reality

Apartments are growing in popularity among homebuyers as the affordability gap between units and houses widens. But when it comes to apartment hunting versus house hunting – there are a lot of differences to keep in mind

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Michelle May Michelle May

First home buyers are in an impossible position

The latest PropTrack data showing national house prices climbing to yet another record high - an annual growth rate of 6.79 per cent - comes as no surprise to those in the industry and hopeful first home buyers alike.

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Michelle May Michelle May

43k homes lost: suburbs investors are fleeing

Panicked landlords have been dumping their investments en masse after battling higher mortgage payments, with over 40,000 NSW rental homes turned into private housing over the last year

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Michelle May Michelle May

Australia’s housing market reaches eye-watering new high

New data released Tuesday by the Australian Bureau of Statistics found the combined value of Australia’s 11,176,100 residential dwellings rose by $209.4 billion to $10.72 trillion in the first three months of the year, despite elevated interest rates and a cost-of-living crisis

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Michelle May Michelle May

More pain is ahead for first home buyers, and they know it

The great Australian dream of affordable home ownership has turned into a nightmare, the cost of living has gotten out of control, and market conditions have made it impossible for young people to achieve the sane milestones as their parents and grandparents.

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Michelle May Michelle May

The business owner who outsourced her fashion choices

I have people comment on my clothes all the time – in a very positive way – but it is usually followed by, “I couldn’t wear what you wear”. It’s like they don’t want to draw too much attention to themselves. I understand that, because for the longest time I also felt that way, even though my eye was always drawn to colour.

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Michelle May Michelle May

What to buy if you can’t afford a house

With the price of freestanding homes inexorably on the rise, would-be first home buyers, downsizers and property investors have two options: wait until they have enough saved to afford a house but risk the market running even further out of their reach, or buy an apartment.

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