Investor activity in the Victorian real estate market has surged to a rate not witnessed in six years, in another indication of growing confidence as Australia moves to its next phase of dealing with the Covid-19 pandemic.
The first-home buyer deposit scheme is about to kick in, but how does it work and who is eligible? First-home buyers are about to get a leg-up onto the property ladder, with the start of the federal government’s First Home Loan Deposit Scheme from January.
This lockdown has been called the circuit breaker, and it appears the circuit has been broken. Fortunately for us we were already prepared with the right strategies, technology and contingencies to deal with anything at Woodards. Here is a short summary of what the announcement today means for us in property, and what tools we have at our disposal to help all our clients.
The only constant in life is change. To be able to confidently navigate uncertain times, we need to look beyond the data and gain insights into the drivers behind the numbers. Everyone is tired of hearing about the shapes of different graphs, some curves we want flattened, while others we hoped would turn V-shaped.
The Federal Budget has been announced, and as economists, accountants and business owners across the country pour over as much of it as they can, we thought we would provide a summary, including how the budget affects us in Real Estate. Here are some key early take-aways, and some commentary on what this means for Australians and in Property.
Since the second wave of the COVID-19 pandemic, the uncertainty in the property market has been growing. It’s suggested, without the help of government stimulus packages and mortgage deferrals, home owners will struggle to pay their mortgage repayments and bargains will soon be able to be found.