Search Results for: first-home buyers
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INDUSTRY NEWS
Expanded Home Guarantee Scheme to open doors for more first home buyers
Australia’s first home buyers will soon have access to a much wider range of suburbs, with the federal government’s Home Guarantee Scheme set for major expansion from 1 October, lifting price caps and scrapping eligibility limits to open the door for more buyers.
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FEATURE INTERVIEWS
How Luke Saville sold 25 apartments using TikTok and Instagram
Melbourne agent Luke Saville has turned TikTok and Instagram into powerful sales channels, selling 25 apartments in just 12 months, often before listings ever reach the portals. By meeting first-home buyers where they spend their time, he’s cutting vendor marketing costs, speeding up sales, and showing how social media is fast becoming an essential tool for real estate.
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INDUSTRY NEWS
“Affordable” homes vanish as housing burden deepens for young Australians
First-home buyers are being squeezed harder than ever, with entry-level homes rising faster than premium properties, deposits now taking more than eight years to save, and mortgage repayments hitting a 20-year high, new Domain data shows.
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INDUSTRY NEWS
Melbourne dominates PropTrack CommBank First Home Buyer Report 2025 hotspots
First-home buyer activity is rising even as affordability hits a three-decade low, with Melbourne emerging as the nation’s biggest hotspot.
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INTERNATIONAL
Ras Al Khaimah and Ajman emerge as key entry points for expat buyers
Expatriates entering the UAE property market for the first time are broadening their horizons beyond Dubai, with new data from Property Finder showing Ras Al Khaimah, Ajman and Abu Dhabi communities rising in appeal. The findings suggest a growing appetite for affordability, liveability and rental yield potential in secondary emirates - an important signal for agents, developers and investors positioning…
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Movers and Shakers
Professionals Real Estate expands with new Kallangur office
Professionals Real Estate has strengthened its presence in Queensland's rapidly growing Moreton Bay region with the opening of a new office in Kallangur, coinciding with the group's major business transformation and national rebranding.
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OPINION
Styling versus renovating: What adds the most value before selling?
Professional styling offers homeowners a higher return on investment than pre-sale renovations, costing a fraction while significantly impacting buyer emotion and marketing appeal. For most properties, strategic styling can mask dated features, maximise perceived space, and create emotional connections- all without the delays and financial risks of major renovations.
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INDUSTRY NEWS
HIA Chief Economist says ending LMI will lower home prices over time
HIA Chief Economist Tim Reardon says the Federal Government’s decision to scrap Lenders Mortgage Insurance for first home buyers will push prices up in the short term but ultimately lower rents, boost housing supply, and improve affordability over the next three to six years.
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INDUSTRY NEWS
Government pauses code changes to speed up home building
The Albanese Government has moved to ease Australia’s housing crisis by pausing further changes to the National Construction Code until 2029 and fast-tracking approvals for thousands of new homes, in reforms welcomed by industry but criticised as only a first step toward fixing chronic undersupply.
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INDUSTRY NEWS
Stamp Duty under fire as top priority for Economic Roundtable
Stamp duty has emerged as a central issue at this week’s Economic Roundtable, with Domain’s Chief of Research and Economics Dr Nicola Powell warning the tax has grown into one of the biggest barriers to home ownership and economic efficiency.
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OPINION
The great property pause: How agents can turn “not yet” into “let’s go”
For many Australians in their 20s and 30s, buying a first home feels out of reach. Buyer’s agent Tash Kessel says hesitation is growing, but the right guidance can turn that pause into progress.
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INDUSTRY NEWS
Government eases borrowing constraints for Australians with HECS debt
The federal government has instructed financial regulators to update their guidance on how HELP debts are assessed during mortgage applications, making it easier for Australians with student debt to secure home loans.
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INDUSTRY NEWS
Rate cut expected to boost borrowing power and house prices
The Reserve Bank of Australia is widely expected to cut interest rates this week, increasing borrowing capacity for homebuyers while potentially driving property prices even higher.
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INDUSTRY NEWS
Family wallets under pressure: 6% of Aussies helped loved ones with rent or a deposit
Finder report shows the cost of housing is increasingly a shared burden among family members.
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SUPPLIER NEWS
How this 24 year old built ScaleApp to help a generation plan their way into property ownership
At 24, Nick Melrose transformed his personal financial frustration into ScaleApp, a platform helping young Australians visualise pathways to property ownership. The tool combines budgeting and property analysis in an interactive 50-year timeline, allowing users to model real-world scenarios anonymously while building wealth strategies.
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INDUSTRY NEWS
Australia’s rental market stalls as affordability pressures peak
After years of rising rents, new data shows Australia's rental market is slowing as affordability pressures force a shift in pace.
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INDUSTRY NEWS
Buying cheaper than renting in pockets of Australia, new data reveals
New analysis from Domain has revealed the suburbs across Australia where buying a home is now cheaper than renting, offering a potential pathway to ownership for first-home buyers—particularly those considering units or regional locations.
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SELLING + MARKETING PROPERTY
Barbara Corcoran rewrote the rulebook – and these agents are following her lead
Barbara Corcoran turned a $1000 loan into a $100 million real estate empire, not by playing it safe but by getting noticed. From fake market reports to dog tricks and outrageous stunts, she proved that visibility wins listings. Now a new wave of Aussie agents are following suit with bold, creative campaigns that break the mould and get results.
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INDUSTRY NEWS
Rate cuts on the cards as inflation reaches the lowest level since 2021
Australia's inflation rate has eased to its lowest level in over two years, strengthening the case for an interest rate cut in July.
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SUPPLIER NEWS
New research shows property buyers slash their purchase time by close to a third
Australians are buying property faster than ever, with new research from view.com.au showing the average journey from dreaming to purchase has dropped from 29.6 months in 2020 to just 20.6 months in 2025. View Media Group’s Paul Tyrrell says falling interest rates, stock shortages, and FOMO are pushing buyers to act quickly — especially first-home buyers and downsizers.
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INDUSTRY NEWS
Rentvesting could be an option for younger buyers
Rentvesting has become an increasingly viable option for millennials and Gen Z as traditional homeownership becomes less realistic in Australia's capital cities.
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INDUSTRY NEWS
Mortgage stress rises but trust in brokers remains strong
One in three Australian borrowers is experiencing mortgage stress as interest rates and cost-of-living pressures continue to impact households, yet trust in mortgage brokers remains high at 82 per cent.
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INDUSTRY NEWS
Sydney soars, Perth nears $1m: Domain tips house prices to keep climbing
Australia’s housing market is set for another year of price growth, with Domain’s latest Price Forecast Report predicting increases across all capital cities — led by renewed momentum in Sydney and Melbourne, and a stabilisation of recent gains in Brisbane, Adelaide, and Perth.
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Movers and Shakers
Michael Sheikh opens Raine & Horne Waverley
Experienced local agent Michael Sheikh has launched Raine & Horne Waverley, servicing the prestigious Wheelers Hill and Glen Waverley markets in Melbourne's east.
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INDUSTRY NEWS
RBNZ cuts rates again
The Reserve Bank of New Zealand has cut the Official Cash Rate (OCR) by 25 basis points to 3.25 per cent, marking its sixth consecutive reduction in the current cycle.
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INDUSTRY NEWS
Finder survey: 88% of economists tip rate cut as housing sector watches closely
A rate cut by the Reserve Bank of Australia (RBA) looks increasingly likely next week, with 88% of economists and experts predicting a decrease, according to the latest Finder RBA Cash Rate Survey.
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INDUSTRY NEWS
Buyers want quiet streets, formal rooms, and a bedroom for every child: LJ Hooker survey
Personal space, traditional layouts, and community appeal are shaping homebuying decisions in 2025, according to new research from LJ Hooker.
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INDUSTRY NEWS
Rentvestors target Sydney’s Southwest
Liverpool has been ranked the top postcode in New South Wales for sales activity by first-home buyers, according to InfoTrack’s latest quarterly Property Market Update.
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Movers and Shakers
Adeel Obaid: Building success from the ground up in Melbourne’s West
Adeel Obaid arrived in Australia on a student visa and started out working in hospitality, but a chance encounter with local real estate agents changed everything.
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INDUSTRY NEWS
Labor’s housing policies set to drive prices higher before boosting supply
Labor's election victory has put housing affordability at the centre of Australia's political agenda, with policies that experts say will initially drive prices higher before eventually increasing housing supply.
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INDUSTRY NEWS
Home prices reach new record high
Australian home prices have hit a new record high in April, with the national median price rising 0.20 per cent to reach $805,000, as regional areas continue to outpace capital cities in growth.
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FRANCHISE NEWS
Rebecca Cuderman launches NGU Logan
Award-winning Queensland agent Rebecca Cuderman has launched her own business under the NGU Real Estate banner, opening the doors to NGU Logan with a strong foundation and ambitious growth plans.
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OPINION
Help to Buy expanded, but global lessons overlooked
Australia’s 2025 Budget offers limited housing support through expanded equity schemes, prefab funding, and trade training. But Ray White Chief Economist, Nerida Conisbee, warns a foreign buyer ban could hinder supply—opposite to global strategies where foreign investment helps drive development. Like other countries, the measures help some buyers but won’t solve affordability or supply challenges.
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INDUSTRY NEWS
Federal Budget addresses housing crisis but more action needed
The Albanese Government's pre-election budget has made positive steps toward addressing Australia's housing crisis, though experts suggest that more needs to be done.
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INDUSTRY NEWS
Labor expands “Help to Buy” scheme to reach more homebuyers
The federal government will significantly expand its "Help to Buy" shared equity housing scheme in the Federal Budget, raising both income and property price caps to make the program accessible to more Australians.
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