first home

First home buyers will be able to get into a house with as little as 5% deposit through the First Home Loan Deposit Scheme - provided the value of the property falls under the property price caps announced this week by the Morrison government. The caps ... More

The bank of mum and dad is under threat. Ranked as one of the top 10 lenders in Australia, based on figures from the regulator APRA, reliance on the bank of mum and dad (BOMAD) became widespread for first home buyers in a rising market. A year ago as ... More

Q. My partner and I are lucky enough to have had an offer on a house accepted. While this is a very exciting time for us, it also poses many questions about paying off our mortgage as soon as possible. As the settlement isn't until December, this ... More

Among all the budget and election noise in April, federal parliament passed new laws that aim to improve superannuation member outcomes, including implementation of two recommendations from the banking royal commission. One of the most important was ... More

Q. I have just turned 27 and, like many other Australians, I dream of owning my own property. I'm originally from Adelaide, where one can purchase a reasonable three- or four-bedroom family home for around $400,000- $450,000. In Melbourne , where I ... More

Federal Parliament has passed an important change to the First Home Super Saver Scheme to further help first home buyers. The new legislation means individuals can enter a contract to buy or build their first home at an earlier time and still have access ... More

Q. I'm a 31-year-old single female with no savings or investments. I have no debts and own my car. I have been a low-income earner for quite some time and have only had enough to make ends meet. But I have just started a permanent job earning $61,214 ... More

Cheer up ... it's not really the beginning of the end for property or the economy At the end of November last year we were reading headlines saying "Sydney house prices have biggest monthly fall for 14 years and Melbourne close behind". CoreLogic numbers ... More

Recent ABS Housing Finance data revealed the number of first home buyer commitments as a percentage of total owner-occupied new housing loans has reached a six year high of 18.3%. Anyone who has a goal of buying this year should be getting their finances ... More

As we kick-start the new year, here are my predictions for property trends in 2019 - and what they mean for different types of markets. 1. Sharp fall in investor-dominated markets The investor dominated market tends to be in places like the CBD, or ... More