"Fast-Track to Homeownership: Buying a Unit vs a House"

We talk with Nicola Powell who is Chief of Research & Economics for Domain about their latest First Home Buyer Report, revealing that purchasing a unit can shave nearly two years off the time needed to buy a home compared to a house—making it one of the fastest paths to homeownership for first-time buyers.

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The latest real estate news, trends and predictions for Brisbane, Adelaide, Canberra, Gold Coast, Sydney, Melbourne and Perth.

We include home buying tips, commercial real estate, property market analysis and real estate investment strategies. Including real estate trends, finance and real estate agents and brokers. Plus real estate law and regulations, and real estate development insights. And real estate investing for first home buyers, real estate market reports and real estate negotiation skills. We include Hobart, Darwin, Hervey Bay, the Sunshine Coast, Newcastle, Central Coast, Wollongong, Geelong, Townsville, Cairns, Ballarat, Bendigo, Launceston, Mackay, Rockhampton, Coffs Harbour.

 

 

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A recent study shows that over a third of borrowers need at least $500 off their monthly mortgage to feel secure—but the latest rate cut only saves $103. Is it enough?