FHBA Weekend Preview: Auction activity up

FHBA Weekend Preview: 18 – 19 February 2017

With most property markets starting the year strong (see this week’s FHBA Market Update) there will be a jump in the amount of actions held this weekend according to CoreLogic RP Data: 2,136 registered auctions, up from 1,591 held last week, including:

  • Melbourne- 1,005
  • Sydney – 807
  • Brisbane- 112
  • Adelaide- 84
  • Canberra – 80
  • Perth – 41

The amount of auctions being held in Melbourne is almost double the previous week. With such a large increase it will be intriguing to see if all properties sell strongly or whether they are some buying opportunities for savvy first-timers. We will share the results with you this coming Monday in our weekly FHBA Market Update.

To see the full CoreLogic RP Data auction preview visit the CoreLogic RP Data blog.


First home buyer homes of the week

Want your first home to be appropriate for a growing young family? In this week’s edition of FHBA New Homes of the Week we featured 5 first home buyer homes that are suitable for a young family. All 5 homes are for you to build and make your very own. And as always with this segment, all are Grant eligible!


News Review

These are the top stories that affected first home buyers across Australia this week:

Kids now need $85,000 from their parents to buy a home

“HI MUM and dad, can I please have $85,000?”


Loan Pre-Approval

Planning on going house hunting but don’t know whether a bank will lend you enough funds to buy your first home yet? You should get a no obligation loan pre-approval.

A loan pre-approval provides you with a written guidance of how much a particular bank is willing to lend to you. Loan pre-approvals come with no obligations to proceed, leaving you in control and importantly, attending open homes knowing what your borrowing capacity and budget is.

To organise a no charge loan pre-approval speak to an FHBA Broker from FHBA Mortgages today


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