5 per cent Deposit Mortgage in Australia.

5% Deposit Mortgage.

In 2020, the Liberal-National  coalition introduced the free government-backed lenders’ mortgage insurance to buyers with deposits of as little as 5 per cent.

This helped many first home buyers to buy a property, without the need for the 20 per cent deposit they would normally require, if … Read the rest

Australian Cheaper Median House Prices.

2023 Median House Prices.

During 2023, some houses in Australia could be bought for $130,000, while some Capital City suburbs have a medium house price of around $400,000.

The Australian median property price does not apply everywhere, with Longueville, in the Lower North Shore of Sydney, having the highest median … Read the rest

Australian Home Prices November 2023.

According to the latest PropTrack Home Price Index, the Australian national median home value climbed by 0.22% in November 2023, to $761,000.

This led to news reports such as:

“Home prices across Australia have climbed to new heights yet again, delivering an early Christmas present to homeowners and defying last Read the rest