First home buyers are back, but for the right reasons?

First home buyers are back - but for the right reasons?

November delivered the largest number of borrowers entering the market in two years. Majority of first home buyers were in NSW – with many purchases probably ‘brought forward’ to beat stamp duty concession deadlines. Building up larger deposit could far outweigh the benefits of a government grant or concession.

Did you find this helpful? Why not share this article?

Advertisement

RateCity

Money Health Newsletter

Subscribe for news, tips and expert opinions to help you make smarter financial decisions

By submitting this form, you agree to the RateCity Privacy Policy, Terms of Use and Disclaimer.

Advertisement

Learn more about nonspecific