Australian properties see record profits in 2024

Property owners who sold their homes during the 2023-24 financial year generally made a gross profit, due to a strong market and the fact that most homes rise in value over time. Domain found that 96.0% of people across Australia who sold a house in the 2023-24 financial year did so for more than they’d … Read more

How to buy your first home

The hardest part of buying your first home isn’t necessarily paying the mortgage – although that can be challenging. Rather, it’s often saving a large enough deposit to qualify for a loan. What makes the deposit hurdle tricky is that it’s been getting higher. Between March 2020 (when the pandemic started) and August 2024, the … Read more