SME Blog & News

Australian house prices continue to fall - is this a buyer's market?

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.

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