How Young People can Buy a Home that’s Affordable
With the increased cost of living, it’s difficult for young adults to save the deposit for a first home purchase. Regional first home buyers get a reprieve on stamp duty, if eligible for the concession (if home is valued under $800,000). Potentially, they could also get a Federal first home-owners grant of $30,000, if arranging…Read More→
Which are the Best Outer Northern Brisbane Suburbs to Buy in this Market?
Despite the economy slowing, the home values in Queensland rose in the first half of this year, with the median Moreton Bay house now at $749,000. While this is good news for homeowners, with their home assets increasing 7 to 12% over the year, any rises hit hard to first home buyers. It also makes…Read More→
Burpengary East: Discover the Gem of Moreton Bay North
So far, 2024 has proven a solid start for Burpengary East home sales, with at least 40 sales (Jan/Feb) and 55 houses available for sale in March. This activity brings the median house price up to $820,000. As 2021 and 2022 were such huge growth years for houses here, with 36% and 18% growth respectively,…Read More→
Units in Caboolture Offer a More Affordable Way to Enter the Market
With the portion of income needed to service a mortgage now at 46%, and higher interest rates, almost every home buyer is looking for smaller mortgages. The sales growth of units over the last 12 months in Moreton Bay rose 9.76%, but 19% for Caboolture units, which is indicative of a general move towards the…Read More→