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Victorians increasingly seeking homes with a “secondary living space”

Victorians increasingly seeking homes with a “secondary living space”

by Wendy Chamberlain | Jun 20, 2021 | Real Estate News

Since the onset of lockdowns across Victoria almost 18 months ago, there’s been a surge in demand for secondary living space, particularly within Melbourne’s housing market. Christina Karras from Herald Sun has highlighted “a massive 450 per cent...

Federal government announces a new scheme to assist single parents with buying a home

by Wendy Chamberlain | May 10, 2021 | Real Estate News

As part of its 2021-22 Federal budget, the Federal government has announced a new scheme aimed at supporting eligible single parents to purchase a home. As explained on the Housing Australia website, the Family Home Guarantee “provides eligible single parents...

The deadline to begin construction under the Australian HomeBuilder Grant program has been extended

by Wendy Chamberlain | May 3, 2021 | Real Estate News

  On the 17th April 2021, the Federal government extended the deadline by which construction must commence under the Australian HomeBuilder Grant program. Initially, construction needed to have begun within 6 months of contracts being signed. That deadline is now...

A vote on the federal government’s bill to change responsible lending laws could arrive as soon as this week

by Wendy Chamberlain | Mar 15, 2021 | Real Estate News

The federal government’s bill to wind back responsible lending laws received strong endorsement from the Senate last week when the Economics Legislation Committee tabled its report recommending that the bill be passed. Echoing the Morrison government’s...

Australia’s strengthening dollar could affect fixed-rate mortgage repayments sooner than expected

by Wendy Chamberlain | Feb 25, 2021 | Real Estate News

  In the RBA’s first monetary policy announcement for 2021, it was predicted that the conditions for a rise in the interest rate wouldn’t “be met until 2024 at the earliest”. This statement gave many potential homebuyers added confidence...

First home buyers need to know the risks when buying a property

by Wendy Chamberlain | Feb 17, 2021 | Real Estate News

  A Melbourne schoolteacher is facing a first homebuyer’s worst fears after discovering that the apartment she purchased in 2018 contains severe defects. Lauren Bird decided to invest in an apartment in order to get into the property market. Unfortunately,...
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