Embarking on the journey of homeownership is a milestone laden with excitement and strategic decision-making. For those navigating the landscape of budget constraints, selecting the right city can be pivotal. In this insightful guide, we shed light on the affordability in Australian real estate, highlighting the five cheapest cities to buy a house in 2024.
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In 2024, the design landscape is marked by a fusion of contemporary sophistication and timeless comfort, inviting homeowners to create spaces that are both visually stunning and deeply comforting.
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Australians, keen on infusing new life into their homes without breaking the bank, often find themselves at the intersection of creativity and fiscal responsibility.
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Property: Apartment
Attributes: 1 bed 1 bath 1 car
Purpose: First Home Buyer
Acquired Via: Unconditional Offer
Time to Acquisition: 10 days from service engagement
Being a young Gen Z in Sydney, it’s not easy to navigate the property market and know what information is fact and what is simply fiction. It’s also not easy to find something you’d like to call home when you’ve got a very modest budget.
Our client was looking for something that would serve them as a great stepping stone into the Sydney market, whilst also be a place they’d welcome calling home. The dream apartment was beyond their budget though…or was it?
Taking advantage of the days before Christmas, K&M managed to secure the perfect apartment at circa 10% below current market value. Timing was everything with this buy and we managed to make our Gen Z client’s dreams come true just in time for Christmas!
Property: House
Attributes: 3 bed 1 bath 1 car
Purpose: First Home Buyer
Acquired Via: Off-market Purchase
Time to Acquisition: 14 days from service engagement
Sometimes we can have our dream home and dream location but simply not be able to stretch our budget to buy what we want. This was the situation with our lovely First Home Buyer family.
Knowing we had less than 1% chance of finding the unicorn, we set out with our Plan B. Suddenly an off-market property that was in the #1 dream location came onto the radar of the K&M team!
This dream home was at the top end of the budget, but also able to be secured at $200,000 less than if it were to sell on-market. We knew this was a deal too good to miss, so we dug in to get the deal done. Our clients were ecstatic that they were able to purchase in their preferred suburb, in budget, and within 2 weeks of engaging their K&M Property Buyers Agent.
Property: House
Attributes: 3 bed 1 bath 1 car
Purpose: First Home Buyer
Acquired Via: Off-market Purchase
Time to Acquisition: 6 weeks from service engagement
Knowing they had a modest budget to work with, our first home buyer clients had determined some locations for their brief that were beyond their dream suburbs.
Low and behold though, the Team at K&M sourced the perfect off-market gem in the #1 dream suburb! However, we knew we didn’t quite have the budget to secure this winner and multiple Buyers Agents were interested in the home for their clients….
We had to think of a super smart and innovative strategy to get this one over the line, and fast!
Low and behold, from inspection to contract exchange was all of 4 hours. This was a highly strategic and lightening fast acquisition, that enabled us to leave every other Buyers Agent in the dust. And we also managed to secure the dream home, in the dream location, for under market value!
Ever dreamt of being ahead of the curve, riding the wave of the next big property boom? This article will spill the tea on how to unearth those hidden gems before they become the talk of the town.
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For many Australians, the dream of paying off their home loan faster is not just about homeownership but also a quest for financial freedom.
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Let’s kick off with a quick refresher on what Settlement Day actually entails. It’s the grand finale of the property purchase opera. This is the day when ownership officially transfers from the seller to you, the proud new owner.
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Property: Apartment
Attributes: 2 bed 2 bath 1 car
Purpose: First Home Buyer Purchase
Acquired Via: Pre-Auction Offer
Time to Acquisition: 15 days from service engagement
It’s no secret that Kitty & Miles has a soft spot for assisting solo parents to realise their home ownership dreams. As Director Kitty Parker was once in this situation, it has become part of our company canvas.
This client purchase was for a working full-time mother and her infant child and there was a need to facilitate this property hunt and acquisition with speed and empathy.
Needless to say, we found the absolute dream apartment for our client, and secured the property under budget in a competitive Sydney market.
Solo parents absolutely CAN be homeowners in Sydney, and K&M will help you get there!
