Buying a home is a big investment, and it may be the biggest purchase you will make in your lifetime. Therefore, it requires careful consideration and financial preparedness. Before you purchase a home, you will need to meet several requirements, including your credit score, Debt-to-income ratio, and a deposit, among others. If you are looking
Buying a second home can be an exciting venture and an excellent way to increase your property portfolio and build wealth over time. Whether it is for investment purposes, a holiday home, or a new residence, it is paramount to understand the property market and the financial aspects involved. In this guide, we will take
Have you been wondering whether you can buy a home with no deposit? The simple answer is, yes, you can. Saving up finances for a home deposit can be quite a hurdle, especially due to the high living costs and ever-rising home loan interest rates. This has made many people turn to the no-deposit home
Western Australia (WA) has emerged as a beacon for Eastern States investors, allured by the promise of a robust rental market, attractive yields, and affordable housing options. As you embark on this exciting investment journey, we have put together some invaluable tips to ensure your venture unfolds seamlessly. 1. Fees and Charges: Navigating the Unique
Perth’s real estate market witnessed a significant surge in sales transactions during the week ending January 14, 2024. According to the Real Estate Institute of Western Australia (REIWA), sales transactions were 45.9% higher than the previous week, totalling 626 transactions reported by REIWA members. Diving into the specifics, the data reveals a robust performance across
As we step into the promising realm of 2024, Network Exchange Realty takes a reflective pause to assess the accuracy of our 2023 predictions and sets the stage for forecasting the dynamic trends that await the Perth property market in the coming months. A Reality of Growth in 2023 True to our predictions, 2023 was
Buying a home in Australia can be a lengthy process if you don’t already have a property in mind. If you’re starting your homeownership journey from scratch, it could take you anywhere from six months to two years to buy a home. However, if you’ve already found the house, the process could take just about
In a market as complex as the Australian housing market, it can be hard to determine whether to buy or build a home. On average, building a house is usually cheaper than buying a home. However, this can change depending on the location, type of building, and other hidden costs. Below is a comparison of
You saved and saved for your first home, watching your equity grow little by little over the years. Now you’re ready to get a bigger home to better suit your growing family. However, it seems like Australian housing prices have outpaced your savings, and suddenly that second home seems financially out of reach again. You
Buying a home in Perth is always a huge accomplishment. Not just because of the financial muscle required, but also the time spent in researching and navigating the ever-changing Australian real estate market. In this article, we’ll look into two factors that significantly influence Perth house prices, and how they can help you make a
