10 results for tag: new home purchase

Is Australia’s housing market at risk of housing under supply?

Against a background of an expanding populace, the Australia housing market is neglecting to keep up, with the quantity of private developments waning. Referring to late figures from the Australian Bureau of Statistics, The New Daily announced that there was a 3.3% decrease in private development in the previous a year ... More

Melbourne’s median unit price are still growing

Melbourne's median unit price surged 2.8% in the last quarter, hitting $506,079, as per the Domain Group's State of the Market report for the December quarter. The ascent was incompletely determined by the developing interest for condos in the center to external ring suburbs. Indeed, even in the CBD, a market numerous ... More

RBA: First-time home buyers can’t afford to buy in Sydney

The Australian property market is progressively troublesome for youthful first-time homebuyers to break into, especially in beautiful state of Sydney. An examination by the Reserve Bank of Australia found that the average potential first home buyer – with an expected borrowing capacity of around $474,000 – could bear ... More

Three low cost Melbourne suburbs right next to the CBD

If you somehow happened to move 14km from Melbourne's CBD, you could wind up in Sunshine, Camberwell, or Reservoir, contingent upon which course you take. In spite of their comparative vicinity to Melbourne's downtown area, these three areas differ fundamentally in house costs, accessible properties, enhancements, and crimes ... More

You need a six-figure income to buy a home

In the event that you need to get into the property market in four of Australia's capital cities, you'll have to make well more than six-figures, as per new investigation by RateCity. Homebuyers in Sydney would need to make more than $190,000 every year to abstain from spending over 30% of their pay on contract reimburseme... More

Many millennials are relying on an inheritance to buy homes

With lodging moderateness dropping to unsurpassed lows in numerous parts of Australia, it's not astounding that numerous twenty to thirty year olds are sitting tight for the passing of a parent or in respect to get enough cash to enter the property advertise. As per another review from multinational law office Slater and ... More

A new suburb will be built in west Melbourne

The development of another suburb in the western piece of Melbourne will start before the finish of this current year, with plans to construct 8,000 homes, four new schools, and another railroad station in the pipeline. Named "Melbourne's most up to date ace arranged private group," Mount Atkinson is set to end up home to in ... More

Purchasing your first home? Know the ‘concealed’ expenses

To start with home purchasers feel sufficiently anxious wandering into the property showcase. They have a premonition they have to spare a store for their home – yet what else is included? Property is huge business, which implies enormous directions. Huge controls implies paying somebody – or a group of individuals – to ... More

Home loan pressure could intensify in the mining areas

Rising home credit loan costs may push contract pressure assist into hoisted an area in mining locales and different parts of the nation with sickly work markets, contract protection monster Genworth Financial cautioned on Wednesday. As indicated by Genworth, a higher extent of mortgage holders in Queensland and Western ... More

Stamp Duty Changes

This page outlines the following: New stamp duty measures for first-home buyers Changes to the FHOG Special FHOG exemption for Defence Force personnel Changes to off-the-plan concessions Tax on vacant property Stamp duty (land transfer duty) for first-home buyers purchasing a home with a dutiable ... More