New research shows that while the majority of investors have a good grasp on basic property buying skills, first home buyers are clueless when it comes to knowing the ins and outs of property buying. The results showed a concerning 61% of first home buyers failed a basic property buying literacy quiz, compared to only 27%
The 2018-19 Queensland budget was handed down on Tuesday afternoon, where it was revealed the grant would be reduced from July 1. The government confirmed the $15,000 grant to purchase new houses, units or townhouses valued at less than $750,000 would be ongoing. Master Builders deputy CEO Paul Bidwell said the $5000 loss would be felt deeply by many prospective young buyers
The real estate market can be tough for young adults, but as a parent you may be able to lend a helping hand. Here’s how you can help. Parent-to-child loan A parent-to-child loan is when a parent lends their child money. This is a formal, legally binding arrangement, administered by an independent third party. At
After years in the doldrums, Queensland's economic tide has finally turned as more people flee high interstate property prices, the latest Deloitte Access Economics Quarterly Outlook has concluded. The report noted that in the past year Queensland had overtaken Victoria as the state receiving the highest number of interstate migrants. "The rate of population growth
Brisbane affordability to drive interstate migration Thinking of dipping your toes into Brisbane’s real estate market? What is not to like, with a subtropical climate, laid back lifestyle and relatively affordable property. Brisbane’s relative affordability to the New South Wales and Victorian real estate market could well help stimulate the local market to recover in
Property markets are tipped to remain buoyant in 2018 according to the Real Estate Buyers Agents Association of Australia. It said markets in Brisbane and Hobart would do well as a result of keen interest from interstate buyers priced out of Sydney and Melbourne markets. REBAA Queensland representative Zoran Solano tipped the top end of
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Is this the year of the townhouse? As the saying goes, ‘what goes around, comes around’. Such is the case of the humble townhouse in Australia. In the latter half of 2016 the townhouse experienced a resurgence, with this typology quickly becoming the dwelling of choice for off the plan purchasers disillusioned by the oversupplied
It's Time To Buy Demographer Bernard Salt really put the cat amongst the pigeons with his suggestion that Gen Ys should eat less smashed avo and instead start saving for a house. It prompted my ABC colleague Michael Janda, himself in Gen Y, to fire off an excellent article on why Gen Y’s would be
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