Recent statistics from the Australian Bureau of Statistics show that finance approvals for First Home Buyers (FHB) are higher than they have been in the last eight years! In Queensland alone, the approval rate has gone up almost 10 percent, proving that FHB will buy homes with or without the FHB grant.
Nerida Conisbee, REA Group chief economist said “we are now seeing the highest level of first home buyers since 2010,” while the number of finance approvals for investors and upgraders have sightly dropped, first home buyers are going against the norm.
With the Sunshine Coast being named a ‘powerhouse’ for both population and price growth, what time is better than the present to invest in your first home?
If you’re looking to buy, and are uncertain on where to start financially, our AW Money team are always more than happy to help. You can find more information on our website or by calling 07 5430 0818.
You can find all of our current listings here, and a full list of our open homes for this weekend here.