The First Home Super Saver (FHSS) scheme was introduced by the Australian Government in the Federal Budget 2017–18 to assist first home buyers save a deposit faster for your first home by allowing you to contribute funds to your super…
This is a comprehensive blog regarding the First Home Super Saver Scheme. You should consider your own circumstances and consider obtaining qualified advice before commencing any contributions. First Home Super Saver Scheme gets passed Announced by Treasurer Scott Morrison at the 2017…
FHBA Market Update: 17 July 2017 In today’s FHBA Market Update we take a look at how to know when you are ready to enter the property market for your first time, increasing first home buyer activity in the market, our…
FHBA Market Update: 10 July 2017 Australia’s population continues to rise according to the latest demographic data from the Australian Bureau of Statistics (ABS). Australia’s population increase is due to two key factors: natural increase (as we are living longer) and net…
FHBA Weekend Preview: 03 – 04 June 2017 There is plenty of change occurring in the property space at the moment that’s set to affect first home buyers everywhere. Many of the changes will affect first home buyers directly, including:…
Special New Years Resolution 3 Part Series: Buy My First Home THE start of a new year brings so much promise. It is a time that many people choose to reflect on their previous year and think about what they want…
Strong market continues….2 months until the end of the year For the October 29 – 30 weekend auction clearance rates were again very high despite Victoria being in pre Melbourne Cup mode. Based on combined capital city data the preliminary national auction clearance rate was…
A new survey of 1,000 Australians currently renting (by comparison website Finder) has found that 47% have considered that they might never buy due to rising house prices. “It is tough for any first home buyer to save a deposit in…
How much of a deposit do I need to buy my first home? While it does vary from lender to lender, generally speaking, when buying your first home the minimum deposit (% of the property purchase price) is: 5% if…