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owner occupied property

Competition Tougher for Affordable Homes

Posted on by Laze Spasevski
Affordable Homes Pull Ahead on Price Growth
If you’re shopping in the ‘affordable homes’ bracket, competition may be getting tougher, not easier. Since the federal government expanded the 5% Deposit Scheme in October 2025, Cotality analysis shows homes under the scheme’s price caps have generally outperformed homes above them. In the December quarter, median prices rose 3.6% under the cap versus 2.4% above the cap. Why would t...
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5% Deposit Scheme Expansion for First Home Buyers

Posted on by Laze Spasevski
5% Deposit Scheme Expanded for First Home Buyers
The 5% Deposit Scheme has quietly become one of the most powerful tools for first home buyers – and the latest expansion is a genuine game-changer. From 1 October, the scheme now offers unlimited places and no longer has income caps. Eligible buyers can purchase with just a 5% deposit and avoid the large cost of lenders’ mortgage insurance (LMI). Provided the property sits under your locati...
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Prices Rise as Listings Tighten Again

Posted on by Laze Spasevski
Prices Rise as Listings Tighten Again
As prices rise and listings tighten again, the market became tough for buyers but unexpected opportunities for homeowners. Australia’s median property price rose 1.0% in November and 3.1% over the quarter, according to Cotality. At the same time, SQM Research reports total listings fell 5.4% month-on-month and new listings dropped 11.3%. With fewer homes hitting the market, buyers are compe...
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Homes Taking Slightly Longer to Sell

Posted on by Laze Spasevski
Homes selling slower, prices holding firm
Selling conditions in Australia’s housing market have shifted slightly, with homes taking slightly longer to sell. However, sellers are still achieving strong results. New data from Cotality shows that the median time to sell a home by private treaty rose to 30 days in the September quarter, up from 27 days a year earlier. A longer selling time typically signals a dip in buyer urgency. Howe...
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Many Borrowers Turning to Mortgage Brokers

Posted on by Laze Spasevski
Brokers fill gap as branches close
With bank branches closing as services move online, many borrowers are turning to mortgage brokers for personalized guidance that big institutions can no longer provide in person. The number of bank branches across Australia has fallen sharply, down 5% over the past year.  And a staggering 33% over the past five years, according to Canstar analysis of official banking data. With most tra...
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50,000 New Home Guarantee Scheme Places

Posted on by Laze Spasevski
50,000 New Home Guarantee Scheme Places
The federal government has released 50,000 new places under the Home Guarantee Scheme for the 2025-26 financial year, giving more Australians the chance to enter the property market sooner. The scheme is designed to support those who often face the biggest challenges breaking into the market. These include first home buyers, single parents and regional buyers. Since its launch in 2020, more...
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Rate Cut Driving Property Price Growth

Posted on by Laze Spasevski
Rate Cut Driving Property Prices Growth
“This February’s rate cut was a clear turning point for driving the growth of property price.” said Cotality research director Tim Lawless – and the numbers back him up. National property prices rose 0.6% in June, marking the fifth consecutive month of growth. Over the past five years, the national median has increased by 44.3%, despite several dips along the way. Mr Lawless said the lat...
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Rental Growth Continues

Posted on by Laze Spasevski
Rental Growth Continues
The latest rental data shows different financial trends for renters and property investors, as rental growth continues and opportunities emerging on both sides. After rising steadily since 2021, rents climbed another 4.2% over the year to June 12, according to SQM Research, contributing to ever-higher living costs for tenants. Conversely, property investors are benefiting from higher inc...
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Lenders Offering Low Fixed-Rate Mortgages

Posted on by Laze Spasevski
Lenders Offering Low Fixed-Rate Mortgages
A limited number of lenders are now offering low fixed-rate mortgages whose interest rates start with a ‘4’, although variable rates continue to have a ‘5’ (at least) in front of them. So, are fixed rates about to make a comeback and is now the right time for you to fix your loan? That depends on your personal circumstances and what you anticipate will happen in the future. Here’s what t...
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Property Price to Reach New Peak

Posted on by Laze Spasevski
Australia's median property price rose 1.1% during the three months to April, to reach a new peak of $825,349, according to Cotality. All capital cities saw growth during the quarter, ranging from a 0.6% rise in Canberra to 3.4% in Darwin. The broad increase signals steady demand despite ongoing affordability challenges. Experts attribute the rise to a combination of low housing supply, str...
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