Contributing Experts
Kate Forbes is a National Director at Metropole Property Strategists. She has 15 years of investment experience in financial markets in two continents, is qualified in multiple disciplines and is also a chartered financial analyst (CFA). She is a regular commentator for Michael Yardney’s Property Update.
From January 16 next year, first home buyers in NSW will have the choice of paying the regular lump sum stamp duty payment or the annual payment on properties valued up to $1.5 million.
The shrinking household size has acted to put more pressure on an already tight property market, creating a housing crisis.
Research has revealed that it is still cheaper to buy rather than rent around 27% of dwellings across Australia.
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*The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
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