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According to the latest data, the median price of a home in Sydney was $1,000,500 in June. This means, to buy a property in Sydney, you would need, on average, $200,100 or 20 percent of the purchase price as the deposit. No surprise then, first home buyers find it difficult to break into the property… Read More>>

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Apart from introducing a slew of measures to help first home buyers step into the property market (read here), budget 2017-18 also suggested some changes in the deductions allowed for residential investment properties. Those with interstate investments can no longer claim for interstate travel for property inspections and management. However, the fee paid to a… Read More>>

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Most people aim to invest their hard earned dollars in property; not only because property prices have constantly been on the rise but also because a property is a tangible asset that you can see and touch, which makes it a safer investment for mental peace. However, investing in property for the sake of investing… Read More>>

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Investing in real estate continues to remain one of the most popular wealth creation strategies in Australia. However, not every investor buys to hold, revelling in the comfort of owning an extensive property portfolio. Of course, holding an investment property for long offers the benefits of rental yield and better capital growth, but many investors… Read More>>

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Planning to build your home from scratch or make some major renovations? As you may be already aware – you could either hire a builder or choose to take charge of the building work yourself. Of course, the former might be a less tedious option, but the latter could turn out to be cheaper and… Read More>>

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Well, there is no clear answer to this one. Every property is different, and apart from your property’s condition, the condition of your local real estate market will play a significant role in answering your query. The main point of renovating before selling is to ensure a better return on investment. Thus, your focus should… Read More>>

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With the first home buyer friendly provisions announced in the federal budget and the First Home Owner Grants and concessions offered by several Australian states, there seems no better time than now for the first home buyers to jump into the foray and become proud owners of their coveted dream. However, as a newbie property… Read More>>

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Recently, banks have been getting stricter with their lending criteria, with a 20 per cent deposit being the golden standard. However, some lenders may let you borrow with just a 10% deposit and Loan Mortgage Insurance, but there is also a requirement of 5% genuine savings over a span of minimum three months that borrowers… Read More>>

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The US News & World Report named Sydney as the second-best holiday spot in the world, thanks to the laidback beach lifestyle and other landmark attractions in the city. Sydney receives millions of visitors each year who flock to the popular tourist spots in the city, driving up the unit prices in these areas and making… Read More>>

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