The great Australian dream is seemingly becoming just that; a dream, with 40% of Western Australians saying that mortgage repayments are the biggest obstacle in owning their own home.
New suburbs are constantly popping up in Canberra, and they are proving ever popular with people wishing to buy property in them.
A recent study has found that 1 in 5 Australians (18%) are struggling with mortgage repayments
Property managers exist to help you get the most out of your property, in terms of ensuring the least amount of personal involvement is required by you as a landlord.
Real estate experts are now predicting that rushed decisions made by homeowners in recent years are likely to come back and bite them on the you-know-what very shortly.
Whilst interest rates are still at a record low and negative gearing tax breaks are firmly entrenched, real estate is an attractive option for investors.
While it’s been incredibly difficult for first home buyers to enter the market Australia-wide, metropolitan locations like Melbourne, Sydney and Brisbane are proving to be the toughest of the lot.
For most people, buying into a piece of real estate is the most significant and expensive purchase we could make. For this reason alone, buying a house is not a task to be undertaken lightly.