Buying your first home has always been a milestone achievement, but in today’s market, it feels more like an uphill battle. The dream of homeownership is becoming increasingly difficult to achieve, especially with rising property prices and the need for a substantial deposit. While previous generations dealt with higher interest...
Now might be first home buyers’ best chance to break into the market
It’s not been called the great Australian dream for nothing. But in recent years, buying your first home has become increasingly harder. The biggest challenge? Saving a deposit – with the most recent ANZ CoreLogic Housing Affordability Report finding it takes, on average, more than 11 years for a first...
4 simple ways to save for a home deposit
Given the median value of a home in Melbourne was over $800,000 in April, it’s no wonder that getting on the property ladder can seem tough. Your biggest challenge? Saving that all-important deposit – which can take years of scrimping and saving. But all is not lost. With a solid...