Cracking the home ownership code
Insider's guide to getting a foothold on the property ladder.
IT’S official – it just got even tougher for first home buyers to get into the Australian property market.
House prices logged a 0.3% rise nationwide in October, according to property consultancy CoreLogic data, marking a staggering 21 months of growth since February 2023.
As a result, Australia’s combined capital city median house price now stands at $1,004,385, while the median unit price in Australia’s capital cities is $570,627.
With property prices continuing to surge, experts say that first home buyers need every edge they can get to crack the market.
Unless you on good terms with a really well-heeled bank of mum and dad, that means looking at state and federal incentives.
Our Special Report speaks to the experts to find out the best ways to crack the home ownership code.