2021 year to buy a home blog banner

2021 is the year to buy a home. Coming off of the back on the COVID-19 pandemic, house prices and interest rates have strongly swung back in the favour of property buyers for the first time in decades. Alongside this, there are now a significant amount of government schemes available to help property buyers get…

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Stamp Duty and First Home Buyers Blog Banner

The Berejiklian government announced in July 2020 that it planned to remove stamp duty on homes purchased up to $800,000 as a result of COVID-19. Now in the 2020 NSW Budget, Treasurer Dominic Perrottet has announced plans to phase out stamp duty on all properties purchased in NSW. These changes to stamp duty have large…

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The coronavirus pandemic has shaken up many factors affecting the Australian property market. The cash rate is currently its lowest ever point at 0.25% as of the 14th of September 2020.  Many government cash benefit programs such as the First Home Buyers Assistance scheme have been implemented. Factors such as these have generally reduced interest rates across…

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Saving for a deposit is a major hurdle for First Home buyers, with the average saver in Australia taking more than 10 years to build up a 20% deposit. First Home buyers in Sydney, however, may take up to 15 years according to some estimates, with the average First Home buyer in Melbourne not far…

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rentvestor

Getting a foot on the property ladder today has seemingly never been further away for cash-strapped and housing affordability-challenged Australians. Young and old alike are struggling to save enough; and when they accumulate sizeable savings they may find house prices have moved even higher, keeping the dream of owning their own property just out of…

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