I still wonder how much of the first home buying hitting the stats now is actually people buying now vs properties they bought off the plan 1-3 years ago settling. It would be interesting to see the breakup of lending to existing properties vs new builds for first home owners. Where I am in Sydney a lot of projects which only required an initial upfront deposit have been completed in the last 6 months and a fairly large portion of those properties are owned by first home buyers.
As a result they haven't actually bought at the top of the market many would be sitting on properties which have risen 10-25% before they even settled.
- Forums
- Property
- Some good advice for 1st HBuyers
Some good advice for 1st HBuyers, page-8
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online