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Category: Property Insights

The 10 Cheapest Places to Live in Australia

Living in any of Australia’s capital cities is incredibly expensive. In Sydney, for example, house prices have surged past the $1 million mark after six consecutive months of declines. The median house price in the city was $1,021,968 during the second quarter of 2016 and, while it’s below last year’s record-breaking median house price of […]

Top 10 Reasons NOT to buy a house

1. It ties you down If you sell one $600,000 house and buy another it will cost you about $30,000 (agent’s fees, legal fees and stamp duty) just to sell and buy again. This makes it expensive to move for job opportunities, love, or just for fun. 2. The future is uncertain People will buy […]

Should You Sell Your Home to Pay Off Debt?

Selling your home to pay down your debt should be the very last resort, says financial planner Travis Bailey. With more than 16 years experience, Mr Bailey, a senior financial planner at Honan Financial Services, says you need to look at the root of the problem before you sell your house to clear debt. “People really need to […]

Buying a House With Debt and Bad Credit

For most Australians owning their own home is a major goal in life. Achieving a goal like home ownership takes commitment, and a plan. When you’re struggling with mounting debts and bad credit, this can seem like an impossible task, but there is more help than you might have first thought. Here’s a step-by-step guide […]