First Home Buyers will have an opportunity to enter the property market with a smaller deposit under a New Federal Government (new home loan deposit) Scheme which commenced 1st January 2020. Under the scheme, first home buyers with a deposit as small as 5% may be able to apply for a mortgage, which the government…
2020 – New First Home Buyers Scheme Read More »
The introduction of legislation giving effect to the Commonwealth Government’s deposit gap scheme is the first step in easing the pathway to home ownership. The scheme – promised on the eve of the federal election – helps reduce barriers to home ownership by closing deposit savings requirement and effectively reducing mortgage insurance costs. We welcome…
Deposit gap scheme opens the door to home ownership: UDIA’s Connie Kirk Read More »
Trying to get into any property area is difficult for First Home Owners, but the Central Coast has always proved to be an affordable option, especially when building in a new estate like Yeramba’s Hamlyn Grove. Adding the attraction of brand new home with personal choices, it makes an enticing option. However, finance for new…
Financing your new home build Read More »
In our Yeramba posts we look for insight to help in the quest for the perfect home, the best location for land, or tips to navigate the journey to purchase in the lovely Central Coast, Lake Macquarie or the Hunter regions. But today I found a great story from Michael Yardney, so worth sharing as…
Right now is the Good Old Days Read More »
Over the years Lisa, from Hamlyn Terrace had achieved all in the corporate world, and after accomplishing her career goals, she simply had enough of being stuck in the office working crazy hours. And we all know this usually means missing out on spending quality time with family and friends. So after leaving Sydney to…
Yeramba – supporting our locals at Hamlyn Terrace Read More »
House prices may be high, but the combination of lower home prices, improvements in wage growth and lower interest rates have contributed to the ongoing improvement in the HIA Affordability Index for the June 2019 quarter. HIA’s Affordability Index is calculated for each of the eight capital cities and regional areas on a quarterly basis…
Housing affordability is the best it’s been in 20 years according to the HIA Read More »
When prices are low first home buyers, and even second home buyers, will find they get better value and their money will go a lot further than it would have 12 months ago. It’s clear that now is a good the time for home buyers to secure their future home; however it won’t last long….
Yeramba customers can take advantage of the current market Read More »
Following a record breaking home sale of $1,010,000 in Helios Street Woongarrah, Yeramba Estates can report two land sales this week in Hamlyn Grove, plus a brand new home in our prestigious Monterey development has now sold. Certainly the post election market on the Central Coast in general – and Hamlyn Terrace/Woongarrah in particular, is…
SOLID SALES PRICES BEING ACHIEVED IN OUR LOCAL SUBURBS Read More »
New research from Westpac reveals a quarter of first home buyers are considering buying both an investment property and an owner-occupier home. Westpac’s latest Home Ownership Report shows first home buyers (FHBs) are feeling more confident than ever about their prospects of home ownership. The report found 29 per cent of FHBs are considering buying…
A quarter of first home buyers also considering purchasing investment property Read More »
While it’s tempting to hold onto the family home because of the sentimental value, the reality is that it may be holding you back from a better lifestyle and a more comfortable financial situation. Downsizing could allow you to find a home that’s more appropriate to your lifestyle, while also freeing up time and money…
4 upsides to downsizing Read More »
