As of December 2017 the average house price in Australia was $687,000, according to Australian Bureau of Statistics data, although this average is considerably higher in population centres like Melbourne and Sydney. These prices make buying your first home a challenge for some, and impossible for others. To help make life easier for first home… [Read More]
Archives for July 2018
3 home loan tips that could make repaying your loan easier.
The average size of a home loan in Australia is almost $400,000, according to the Australian Bureau of Statistics. Most people will repay their loans over 30 years, during which time they’ll be charged a whopping $319,820.45 in home loan interest (assuming a rate of 4.5 per cent). If the average home owner were to… [Read More]
Should you build your own investment property?
Building an investment property is a labour of love – while it does require a lot more work than simply buying a pre-built unit, it’s the perfect way to ensure you come out with a property that you love. It’s not a decision that should be taken lightly though. Securing the funding and building a… [Read More]