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First-home buyers

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102/7 Mungo Scott Place in Summer Hill sold at auction on Saturday, March 15.

The ‘unconventional’ Summer Hill two-bedder that sold for $1.35m at auction

Upsizers from Camperdown were drawn to a Summer Hill property’s history and unique design and paid $1,355,000 at auction on Saturday.

  • Kristy Johnson

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Tree-changers were leaving cities earlier than conventional wisdom holds.

Who is tree-changing – and the towns they’re moving to

Although a wave of city dwellers made a tree change or sea change when the pandemic hit, the trend is broader than first thought.

  • Elizabeth Redman
Brisbane home prices have soared.

‘So stark’: How the goalposts just moved for Brisbane home buyers

The first home dream is under siege in Brisbane, even for couples earning a typical salary and targeting a modest home.

  • Sarah Webb
Mortgage repayments are unaffordable for first home buyers in every city but Darwin.

First home buyers face mortgage stress in every capital city, except one

Even after saving for years, first home buyers face moving goalposts and unappealing compromises to get their foot on the ladder.

  • Jim Malo
Help from family increases the chance of home ownership.

The harsh reality that quadruples a person’s chance of buying a home

Poor saving habits and a precarious economy can stymie the chances of home ownership, but they pale in comparison to other factors that help.

  • Caroline Zielinski
Adelaide homeowner Daniel Emery moved to Germany to be with his girlfriend Sarah and went back to renting.

Daniel achieved the Great Australian Dream. Then he found something better

The 32-year-old software engineer is amazed by the freedoms enjoyed by tenants in Germany.

  • Caroline Zielinski
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The changes to lending requirements are only expected to give a modest boost to borrowing capacities.

How much more money home buyers can spend on a property now

The change could be the difference for some buyers at the edge of being able to purchase, but on the flipside, it may add to demand.

  • Jim Malo
Regional property markets are outperforming capital cities.

House prices sank under high interest rates – except where they boomed

Potential home buyers can’t borrow as much money, but that didn’t push house prices down everywhere. It has sometimes proved the opposite.

  • Elizabeth Redman
Prices are coming down in some brackets.

The type of property offering the deepest discounts right now

Even where homes are not necessarily affordable, there are some substantial price reductions on offer to potential buyers.

  • Elizabeth Redman
Michael Tuohy

Moving from a Sydney unit to a house gets five times harder in a generation

With Sydney’s median house price almost double that of the typical unit in the city, the difference between the two property types has turned into a chasm.

  • Kristy Johnson

Original URL: https://www.theage.com.au/topic/first-home-buyers-1mri