Is This The Property Market Window You've Been Waiting For?
Australian property markets are moving at very different speeds right now, and for buyers who have been biding their time, that could be worth paying attention to.
New data from Cotality shows national home values were flat in May, with Sydney and Melbourne recording modest falls. At the same time, Perth and Darwin continued to rise.
What this means in practical terms is that in some markets, buyers are facing less competition, more choice and better negotiating power than they have in years.
For those who can afford to buy now, a cooling market can be an opportunity. Entry prices in some locations are lower than they were six months ago, and advertised supply is rising – meaning less pressure to make rushed decisions.
Whether you are self-employed or a salaried borrower, the key is having a lender who can move quickly and assess your situation on its merits. In a market like this, being finance-ready puts you in a much stronger position than the next buyer.
Whatever market you are buying in, getting your finance sorted sooner rather than later puts you in the best possible position.
Direct Credit Home Loans offers flexible lending criteria, fast assessments and personalised service – whether you are self-employed or a salaried borrower.
We specialise in helping self-employed borrowers.
Our experienced staff will assess your application on its merits, not according to rigid criteria. So if you’re credit-worthy, we’ll back you.
We love helping Australians buy property.
Call us on (07) 3726 1124 or email [email protected] to discuss your scenario directly with our credit team.