Category: should I buy a house now or wait
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Am I too old to get a home loan? Why Australians are buying their first home later than ever
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PennyPicture the “typical” first home buyer and you probably imagine someone in their mid to late twenties, maybe fresh off a few years of share housing, finally ready to sign a contract. That picture is out of date. These days, the average first home buyer in Australia is in their mid-thirties, and it’s becoming increasingly…
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Is the property market crashing?
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PennyAustralian property market, Buying a house during a downturn, first home buyer market slowdown, first home buyer rising interest rates 2026, House prices falling Australia, how to save for a house deposit during recession Australia, Is property market crashing Australia 2026, Property market correction Australia, should I buy a house now or waitHere’s why this headline might actually be good news for first home buyers If you’re one of the millions of Australians who searched “is the property market crashing” and got hit with a wall of headlines that made your stomach turn, you’re not alone. This month, auction clearance rates hit record lows. Prices are falling in Sydney and Melbourne, and the word “crash“ is being thrown around daily. But here’s our take on it. What’s happening in the market right now might…
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Case study: I have $500,000 in savings. Should I buy a home now or wait?
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PennyThere’s a particular kind of comfort that comes from seeing money in the bank. Not “new-car” comfort. Not “holiday” comfort. The deeper kind: I can breathe. I can handle it if something goes wrong. My kids will be okay. For single mum Jackie*, that feeling matters. Jackie lives in New South Wales. She has two…
