Now more than ever, many first home buyers in Melbourne are relying on their parents to get into the property market. Research indicates that more than a third of parents in Victoria provide financial assistance to their adult children to help them purchase their first home. Property values in Melbourne continue to soar. In this June quarter, the median house price for Melbourne was …
Federal government announces a new scheme to assist single parents with buying a home
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 with dependants the opportunity to build a new home or purchase an existing home with a deposit of 2 per cent, subject to the individual’s …
How Can A Buyers Advocate Help You
Buying a residential property can be a real challenge. There are many factors to consider and proper research is a must. But if you have a buyers advocate to assist you, you can be sure to get the right information, find and purchase the right home at the right price. Buyers advocates are also known as buyers agents. They are licensed professionals who help home buyers search, evaluate and …
