The unprecedented property price growth we’ve had, pockets of undersupply across many parts of Australia and slow income growth, has meant that families and young couples are still finding it hard to find affordable homes. According to a survey, the average first home buyer can afford around only one third of all homes in Australia, however this is even lower in Sydney, Melbourne and Perth. First home buyers are being forced to compromise on their homes location, property type and number
Looking for extra rental income or independent space for family? A dual occupancy residence might be the perfect solution. Dual occupancy or duplex developments, as the name suggests, is putting two dwellings on a block of land and splitting the one block into two individual lots each with its own title. The wonderful thing about a dual occupancy development is that it offers a second liveable area under the main roof and the additional cost to create the second liveable area is
Buying your dream home is one of the most exciting things that you’ll ever do. But it’s also one of the most stressful things you’ll ever have to go through. One recent survey revealed that about 40% of people believe that buying a home is actually the “most stressful event in modern life.” Getting a loan might make it easier for you to afford your home but the process of getting an approved loan can be quite stressful. The uncertainty over whether or not
