While your ideal property wish list might include deal makers and deal breakers like a number of bedrooms, a pool, or an open lounge area, it’s important not to bypass the smaller, less obvious aspects of a functioning home.
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For most Australians, debt is a part of life. It’s difficult for most people to pay cash upfront for large expenses such as university tuition or property, and so taking out a loan has become the norm for many Australian families. However, while most people tend to shy away from gaining too much debt, good debt (in the right amount) can be beneficial for your financial health.
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Buying a home is not necessarily as easy as saving up a deposit for a block of land or established property. Along with allowing yourself a budget that works for you, there are extra costs that aren’t advertised when entering the property market. Preparation is essential, so it’s important to factor in these costs when deciding to take the first step.
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As Perth continues to expand, there are suburbs that are readily adapting for future planning goals. The Lakes' region is currently undergoing proposed planning changes, which offer a unique opportunity for prospective investors, current homeowners, and first home buyers.
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