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A market that gives buyers more negotiating power can still produce a poor purchase. Especially when buyers confuse winning the property with buying it well.

For many Australians, saving a traditional 20% deposit has become one of the greatest barriers to home ownership. The Australian Government’s 5% Deposit Scheme can provide eligible first-home buyers with an opportunity to purchase sooner and avoid Lenders Mortgage Insurance. The expanded scheme has no income caps, unlimited places and can be used to purchase an eligible house, townhouse or apartment, subject to the scheme requirements and applicable property price caps. For t

Buying your first home is exciting. It is also a strange period in your life when you suddenly find yourself Googling things like: “What is conveyancing?”“ Do I really need a building inspection?” “Why does the bank think I spend $900 a month on takeaway?” "And what on earth is LMI?” The good news is that you do not need to become a property lawyer, mortgage broker, building inspector and professional auction bidder overnight. You simply need the right advice, in the right or

Apparently, all the doom and gloom forgot to check the actual data. If you have followed the recent headlines, you could be forgiven for thinking Melbourne had packed up its coffee machine, cancelled the footy and quietly closed for business. Government announcements, changing property policies, higher costs and relentless negative commentary have painted a fairly gloomy picture of Victoria. There is just one small problem. Melbourne has officially been ranked the third most

Buying your first home used to be simple. Our parents bought homes in the 80’s and 90’s with a handshake, a local bank manager and often one income supporting the household. Back then, house prices were far more closely aligned with wages. Today, the average Australian home is now sitting at around 8 times the average household income, with property prices continuing to outpace wage growth year after year. (cdn.finder.com.au) Fast forward to today and the property landscape h