Great news for home buyers – housing affordability is the best it’s been since 1999, according to new data released by the nation’s peak housing and building body.
‘Are we there yet?’ That seems to be the million dollar question on everyone’s lips. Let’s look at whether or not the property market is finally starting to stabilise, as well as when we might start seeing some positive changes in the market.
If you’re looking to buy or sell, the Herron Todd White (HTW) Residential Property Report is a great reference tool. Their property clock is a good visual representation of the state of the property market and its cycles. The March national property clocks for houses and units are included below, along with detail on how it works and to best use it.
With house prices high, accumulating enough funds for a deposit can at times seem overwhelming. Though broken down into achievable steps, these tips can help you get into the market and achieve your first property purchase. 1. Set a Clear Goal When setting any goal, it is important to make it achievable. Ensure you start with a realistic budget in …