Search Results for: Sarah Megginson
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INDUSTRY NEWS
Bank of Mum and Dad prepared to give kids $33,000 to buy a home
The bank of Mum and Dad has long been the way many first-home buyers get into the market and a new report has found that parents are prepared to give their kids $33,000 to get them into a property of their own.
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INDUSTRY NEWS
Couples moving in together sooner to save on rising housing costs
New couples are moving in together faster and leaving the romance at the door, in a bid to try and save on the escalating cost of housing.
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INDUSTRY NEWS
858,000 households have an adult child living at home
The cost of living is surging across Australia and the higher expenses are forcing more people to move back in with their parents.
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INDUSTRY NEWS
One in five first home buyers take a year to buy a property
Tight supply and rapidly rising prices has seen many first home buyers taking over two years to purchase a property.
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INDUSTRY NEWS
First home buyers exceed their budget to get on the property ladder
Record high home prices and underquoting are forcing first home buyers to pay more than they expected with 37 per cent exceeding their budget.
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INDUSTRY NEWS
ANZ tips next rate rise to be 50 basis points
One of Australia’s biggest banks has tipped another 50 basis point cash rate rise in August as the Reserve Bank of Australia moves swiftly to put a lid on rising inflation.
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INDUSTRY NEWS
Cash poor Australian households look to downsize
After two years where Australians were scrambling for larger homes, a new survey has found one in eight are now looking to downsize as higher living costs start to bite.
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INDUSTRY NEWS
Cost of living pressures the leading concern for Australian voters
The cost of living, healthcare, and housing affordability are top of mind for Australians on the back of a Labor victory, according to new research.
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INDUSTRY NEWS
Rising rents put pressure on desperate tenants
Tenants battling soaring rents and tight vacancy rates have turned to "desperate measures" in the struggle to find a home, while property managers are faced with testing conditions.
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INDUSTRY NEWS
Cash rate rises for first time in over a decade
After 17 months of record low interest rates, the Reserve Bank of Australia has today lifted the cash rate 25 basis points to 0.35 per cent while clearly indicating more rate rises are to come.
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INDUSTRY NEWS
Economists predict rate rises are coming before August
Economists believe the RBA is getting set to hike the official cash rate (OCR) with 84 per cent believing a rise is coming before August.
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INDUSTRY NEWS
Record inflation to keep pressure on households
The latest CPI figures shows inflation has risen to 5.1 per cent, putting increased pressure on mortgage holders and households according to experts.
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INDUSTRY NEWS
Young Aussies stuck living at home longer
The rising cost of housing around the country is forcing young Australians to stay at home longer with 25 per cent of millennials still stuck with their parents after turning 30.
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INDUSTRY NEWS
Home owners are happier than renters, research shows
The Great Australian Dream is a concept as old as time, and new research has now confirmed owning your own home could in fact be the key to happiness. According to Finder’s Consumer Sentiment Tracker, a nationally representative survey of more than 30,000 respondents, those who rent report lower levels of happiness and higher levels of money stress than homeowners.On average 83…
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INDUSTRY NEWS
Sydneysiders take the longest to save a house deposit
Sydney continues to be Australia’s least affordable property market, with new data suggesting it takes up to 18 years to save a deposit in many blue-chip locations.
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INDUSTRY NEWS
Home stretch: 1 in 3 Aussies would move if they could work from anywhere
As millions of Australian workers stretch into their fourth month of working-from-home, many have relocation on their minds, according to new research by Finder. A nationally representative survey of 678 Australian workers revealed that 33 per cent – or 4.3 million adults – would move homes if their employer announced that workers no longer needed to be onsite. Sarah Megginson, home…
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INDUSTRY NEWS
Rising home loan rates will cause more Australians to need financial assistance
Almost 150,000 Australian households would need financial assistance if home loan rates increased, according to new Finder research.
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NEWS
First-home buyers turning attention to homes requiring renovations
First-home buyers are increasingly looking for fixer-uppers to get a foothold in the property market, with four in five Australians planning to renovate their ‘new’ homes after purchasing.
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NEWS
One in five first-time buyers considering crossing the border to enter property market
First-time homebuyers are increasingly looking outside their own back yards in an attempt to get a foothold in the property market, with many considering purchasing interstate, according to new research from comparison site Finder.
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