Tag: financial planning

Jargon Busting Terms All First Home Buyers Should Know

Agreement This is the written contract for the sale and purchase of the property between the vendor (seller) and the purchaser (buyer). Deposit Part of the price (usually 10%) paid by the buyer when the agreement is signed or on confirmation. Equity This is the amount of the property that the purchaser actually owns – […]

First homes explained: this is Steph’s story

Meet Steph, LandGipps’ First Homes Blogger. An energetic and bubbly 23-year-old, most people wouldn’t consider her a first home buyer – but there’s no such thing as too young to learn about how the property market works in making an informed first home decision.

Rental Yields Higher in Gippsland

Gippsland is proving to be a better investment than Metro Melbourne for property investors seeking rental yields. New REIV data shows the gross rental yield for a 2 bedroom house in regional Victoria was 5.2% in the December quarter which is significantly higher than the 2.9% recorded In metropolitan Melbourne. Three bedroom homes in Morwell delivered regional […]

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