Home owners notch up gains of $230,000 in just 5 years

Home owners notch up gains of $230,000 in just 5 years

Did you know that the average home owner saw their property’s value rise $46,000 per year over the past five years? Today we’ll look at ways you could put that recent increase in equity to further use. The five years since 2020 have seen plenty of action. From the...
Was that the shortest property downturn ever?

Was that the shortest property downturn ever?

The so-called market ‘downturn’ we saw over the last few months was a blink-and-you-miss-it affair. Home prices are once again on the up. We unpack what’s happening – and why now could be a good time to buy. Jeepers. That didn’t last long. Back in early...
RBA cuts the cash rate for the first time since 2020

RBA cuts the cash rate for the first time since 2020

Finally, a long-awaited reprieve for borrowers. The Reserve Bank of Australia has today cut the cash rate by 25 basis points to 4.10%. How much could this rate cut decrease your monthly mortgage repayments? And can we expect more cuts this year? This is the first time...
The top 5 location turn-offs for Aussie home buyers

The top 5 location turn-offs for Aussie home buyers

Ever spotted a bargain property and then thought to yourself: ‘What’s the catch?’ Well, more often than not there’s a good reason behind a lower-than-expected price tag. And while an undesirable location might not be a deal breaker for you, it could make it harder to...
How long it takes to save a deposit (and how to fast-track it)

How long it takes to save a deposit (and how to fast-track it)

Planning to buy your first home? It takes (on average) about five to six years to save a deposit at present. But who’s got the patience to save for six years? Today we’ll look at four ways you could fast-track home ownership. They say patience is a virtue. But the...