Buying a home Archives

How long does it take to save for a house deposit?

Whether you’re dreaming of a slick apartment in one of the capital cities of Australia or a rambling house in the country, here’s an idea of just how long it might take you to save a deposit on a home in Australia. Pick your dream How long it will take you to save your house […]

Buying a home

Terms you need to know when buying your first home

A recent study shows that first home-buyers struggle to understand some of the most basic property purchasing terms. According to the study on 1,000 Australians looking to purchase their first property, when given a basic property literacy test, 61% of first home buyers failed. Without knowing the basic terms, you could be caught out with […]

Buying a home

Home loans variable vs fixed rates

In 2022, something dramatic happened to 60% of Australian homeowners. Their monthly mortgage payments skyrocketed Aussies that bought a median $700,000 property saw their payments rise by $1,000 a month. Those who bought a typical Sydney or Melbourne home worth $1.2 million saw their payments rise by $1,700 per month. What separated these homeowners from […]

Buying a home

Is your offset account working for you?

Finding the home loan that’s right for you can be an extensive process of research. There are lots of options – and lots of lenders – to choose from. A common home loan feature you will come across is an offset account. This account does what it says, any amount you have in the account […]