Once upon a time, the Great Australian Dream was to own your own home. Recent news articles might have you believing it has become the Great Australian Nightmare. Demand for housing is increasing, and sales prices along with it, pushing the median house price in greater Melbourne to an anticipated $770k by the end of the year.  It may be starting to feel like owning property is out of reach. (Tip: it’s not!)

If you’ve been monitoring house listings over the last couple of months you could be forgiven for missing great properties that came and went while you were away making yourself a cup of coffee. (In some areas, properties have been selling in a matter of days – barely touching the online platforms!) Great for those selling – tricky for those wishing to buy. (Tip: it pays to be ready to go!)

For those with property, this is all fantastic news, but it may appear grim to others who are not there yet. The important thing is – don’t despair!

Taking the following steps can help you toward your goal:

  1. Know where you stand
  2. Know what you want
  3. Know what you need to do to get there
  4. Know what options are available

The great news is, we have lots of experience helping people just like you: be clear on your position; how to strengthen your position to reach your goals; and get the keys to your first property into your hands sooner than you thought possible.

We’d love to help make your dream a reality!

Contact us today to see how we can help you. Email info@futurefinancegroup.com.au or call 8657 8664.

 

Sources:
1. canstar.com.au/home-loans/pay-deposit-property
2. theurbandeveloper.com/articles/melbourne-housing-market-update
3. smh.com.au/politics/federal/house-prices-were-expected-to-fall-now-they-re-tipped-for-a-record-rise-what-s-going-on-20210325
Disclaimer: This article provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances. Subject to lenders terms and conditions, fees and charges and eligibility criteria apply. © 2021