SME Blog & News
Australian house prices continue to fall - is this a buyer's market?
- Details
- 21 August 2018
House prices continue to fall this month all over Australia. CoreLogic data shows, house prices steadied briefly in mid-July, but price falls by the end of the month still reached -0.6% across Australia’s combined capital - the largest monthly fall in seven years.
Whilst the low prices are bad news for the economy, it is a blessing in disguise for home buyers. With prices at a record low, buyers will be able to pick up a bargain in the market and then enjoy a higher equity when the prices rise up again.Our Mortgage team have a great suite of products and rates to offer. With access to almost all the lenders in the market, trust us to come up with a perfect solution to your property lending requirements.
Our rates are below*:
|
Loan Term |
Interest Rate (%) |
Comparison Rate (%) |
|
Variable |
3.65 |
3.69 |
|
Fixed 1 year |
3.58 |
3.81 |
|
Fixed 2 years |
3.65 |
3.77 |
|
Fixed 3 years |
3.79 |
3.79 |
|
Fixed 5 years |
3.98 |
4.08 |
* Conditions Apply
The comparison rates are calculated off a $500,000 loan over 30 years.
Talk to us, if you are in the market for a residential or commercial property or are looking to refinance your current property to avail the low market rates.
Click Here or call (03) 8825 8888 to book your FREE consultation.
