First homebuyers – now is your time
For the first time in a long time, the conditions are right for hopeful first homebuyers to strike and get their foot on the ladder.
First Home BuyersOver the past 18 months, house prices have slid in many major capital cities, making property more affordable than it has been in four or more years.
This is especially the case in Sydney and Melbourne.
There are signs of a recovery looming, though, with buyer activity starting to lift as well as a confidence in the broader market.
All of this is coupled with a huge drop in interest rates, an easing of lending restrictions and an increase in rents in some major cities, means the time to get into your first home is now.
Lower prices and minimal competition
Median home values in Sydney and Melbourne have fallen by double digits since the peak of the boom in late 2017.
Read more: https://propertyupdate.com.au/first-homebuyers-now-is-your-time/
First Home BuyersOver the past 18 months, house prices have slid in many major capital cities, making property more affordable than it has been in four or more years.
This is especially the case in Sydney and Melbourne.
There are signs of a recovery looming, though, with buyer activity starting to lift as well as a confidence in the broader market.
All of this is coupled with a huge drop in interest rates, an easing of lending restrictions and an increase in rents in some major cities, means the time to get into your first home is now.
Lower prices and minimal competition
Median home values in Sydney and Melbourne have fallen by double digits since the peak of the boom in late 2017.
Read more: https://propertyupdate.com.au/first-homebuyers-now-is-your-time/
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