News

Earlier this week, first home buyers in Queensland were dealt some good news to close out the year. As part of a new cost-of-living measure, the QLD government doubled the state’s First Home Owner Grant from $15,000 to $30,000. Valid from now until mid 2025, the $30,000 grant is accessible to those buying or building...

No matter whether you’re in the market for a home or an investment property, it makes financial sense to buy in an area where values are tipped to rise. But where to look? Today we’ll unveil the Australian cities where population growth is tipped to turbo-charge the property market.   One of the biggest drivers...

The Reserve Bank of Australia (RBA) has increased the official cash rate by 25 basis points, taking it to 4.35%. So just how much will this year’s Melbourne Cup day rate hike increase your monthly repayments? Some more tough news for mortgage holders around the country today. Despite the official cash rate being on hold...

The median unit price in some Sydney suburbs is lower than it was five years ago. Seeing as 2018 was the housing market’s worst year in a decade, that’s saying something. But is there cause for panic? Not really. As people continue to be priced out of higher markets, there will likely be a pick-up...

Not sure what refinancing is all about? You’re not alone. Our quick explainer lets you master the basics and helps you work out how much you could save. Home loan refinancing is a hot topic right now. Ever since interest rates hit an upward trajectory in May 2022, skyrocketing numbers of homeowners – as many as...

Though the stories of cost of living struggles continue to ring out across Sydney, last month’s $51M property sale in Bondi stands in contrast to that. House prices in Australia are on track to hit a new record high, with Sydney’s current median reaching $1,110,660, which is $333,944 more than Melbourne, the city with the...

Another month, another round of price upticks. September marked the eighth consecutive month of home price growth, with CoreLogic saying property values nationally are up 6.6% since January. That’s a solid price hike. The crazy thing is that prices are soaring despite a whole slew of interest rate hikes over the past 18 months. So what’s pushing...

For many of us, buying a house on its own block of land is the ‘great Australian dream’. While plenty of people achieve this goal, our property journey is often book-ended by apartment living. For first home buyers, units can be an affordable choice, costing around 30% less than houses according to CoreLogic. Then, as we...

Sydney is the most expensive major city in Australia for housing and utilities, costing around 36% more to live here than Melbourne. Worldwide, it’s ranked in the top 5 most expensive property markets, in costly company with Hong Kong, Vancouver, Hawaii, and Los Angeles. But while many find themselves priced out of Sydney’s sought-after-suburbs, there...

No change to the cash rate again this month, but lenders’ mortgage rates have been jumping around more than a bunch of toddlers at a Wiggles concert. We reveal the current average rates to see how your loan compares. Home owners are celebrating the official cash rate staying on hold for several months. But behind...