First Home Buyer questions
By | 11th Jan 16

Domian Article on Answers for First Home Buyers

The Melbourne real estate market continues to rise and the first home buyers continue to be the ones hit hardest. 

Saving for a deposit whilst renting, deciding where to buy, saving for the stamp duty… it can seem daunting to say the least but once you step into your first home, it will all be worthwhile.

To help the First Home Buyers, Domain recently interviewed an expert panel to cover some of the most asked questions for First Home Buyers.

Frank Valentic provided his advice on whether it is better to buy a one bedroom apartment in an inner city suburb or a three-bedroom home in the outer suburbs for the same price.

Frank was quoted saying “Due to overdevelopment, inner-city apartments aren't seeing great capital growth. For example, Melbourne's middle-ring suburbs have seen great capital growth over the last 12 months and we'll continue to see this trend into 2016. Whatever location you choose to purchase in, it's important to buy something with a point of difference such as an outdoor living space and off-street parking as this will set you apart.”

Click here to read the full article.