Amongst today’s economic struggles lies your children’s ability, or lack thereof, to afford their first property.
The thrill and excitement of a first home purchase can be the most rewarding of experiences.
It’s a point that most people come to in their lives and purchasing an investment property can be as exciting as it is daunting.
Although it’s not necessarily a fact that’s vocalised often, it’s highly advisable that you make your first property purchase before you turn 40.
The Great Aussie Dream. It’s still achievable, however it’s never been more difficult to accomplish.
According to the Australian Bureau of Statistics, over 79% of couples who married in 2014 actually lived together before buying a house.
It’s easy to become passionate at an auction because of its competitive nature.
Now in Melbourne, the median house price has increased and is seemingly stable sitting at around $700,000.
It can be easy to blame not being able to save for a deposit on the lifestyle choices of Gen Y and Gen Z.
If you can’t beat ‘em, join ‘em! That’s right, this overused, old-fashioned phrase still represents the same mentality today as it did however many years ago.