Rising rates and real estate values push more parents to help out
Experts say many more mums and dads are handing over financial gifts, early inheritances or loans, while others are going guarantor for a child’s mortgage and some are jointly investing with their children to help them get started.
Sydney suburbs where there’s high risk of overpaying for homes
New research has indicated home prices are showing a strong probability of “peaking” in multiple markets spread across the city, raising the prospect of a price correction in coming months.
Quotas correct imbalances
We have only to look at the recently released gender pay gap data to see that even with equal qualifications and productive output, women are being undervalued time and time again.
A 'litany' of seriously defective apartments hitting the market: First homebuyers most vulnerable
Prospective home buyers are being warned of serious structural issues that could plague a significant amount of new buildings in NSW and nationwide.
Converted substations creating a buzz with home buyers
A 1948 built Brisbane tramway substation-turned-New York style warehouse is generating strong interest, with three buyers who missed out on it at auction 11 years ago returning for a second look.
Sydney property juggernaut has stalled but investor targets still abound
While the prospect of Sydney delivering another double-digit property price gain in 2024 appears remote, there are some sectors of the market and specific suburbs with upbeat prospects.
Buyer interest 'higher and earlier than usual' in 2024
The property market's summer holiday slumber is over and things are kicking into gear after an unusually active January.
Bridging Loans: Rates, Expert Guide & Practical Tips
A bridging loan is a short-term home loan designed to help borrowers purchase a new home while they wait for their existing property to sell. The loan ‘bridges’ the finance gap between buying and selling.
Protecting the Bank of Mum and Dad
A boom in money from the Bank of Mum and Dad is sparking concerns about protecting assets if the adult children’s relationships break down…
First home buyers the biggest victims in building defects boom
The ongoing probe into serious defects in four blocks of new apartments in the Lachlan Line’s complex at Macquarie Park adds to the litany of faulty new builds blighting the real estate market in NSW and nationwide. Against the backdrop of the savage rental crisis, the young and vulnerable are in danger of swapping one set of problems for another in the form of shiny new apartments.
Home loan help: Why are first home buyers still turning to Mum and Dad?
The 'Bank of Mum and Dad' really took off in 2021, when the data showed spiking property prices were being met with a significant financial boost from Aussie parents.
What are the chances of buying a home in 2024?
First home buyers are set to face another challenging year, but there could be some reprieve in sight as property price growth slows, more homes hit the market and expectations mount for cash rate cuts.
The top 50 residential real estate influencers for 2023
Today, we reveal who we see as the top 50 influencers for 2023, assessed by how we see their impact and influence on the residential real estate industry in Australia in this calendar year…
Three generations of this family are wealthier by living together
Life is expensive and becoming more so. To alleviate some of the pressure, school teacher Michelle Jarrett and her husband Keith approached her parents to suggest pooling their cash to create a comfortable home for three generations.
The suburbs first-home buyers are flocking to
One in every three properties bought by a first-home buyer over the past year had the federal government go guarantor, as rising property prices and surging costs make it harder to save a 20% deposit.
Taking charge: Women surpass men in securing individual home loans
In the real estate landscape, single women are asserting their independence, outnumbering their male counterparts in solo home loan applications—a trend that is steadily on the rise.
Property trends that will dominate in 2024
As we fast approach the end of 2023, the Australian real estate landscape is showing clear indications of the trends that will dominate in 2024.
Five ways to play the property market as rates soar
Buyers, sellers, investors and downsizers are rethinking their property strategies as the fastest interest rate rises in 40 years push up prices in a market struggling with cost-of-living stress and a shortage of housing.
What are price guides for real estate and how do I understand them?
if you’ve been serious about house hunting you’ve probably also been seriously disappointed by a price guide. We spoke to Michelle May, principal of Michelle May Buyers Agents, on what you can be doing to be a step ahead when it comes to price guides.
Experts share how to win your dream home at auction
If you've ever watched The Block or been a part of an auction yourself you will understand just how nail-biting they can be. Many home buyers find property auctions appealing because of the benefits these events provide but like any competition, there can really only be one winner so it pays to come well-prepared and battle-ready.