You can still afford to invest in property even if you can’t afford a house

  • WOULD be property investors priced out of the market have had to find more inventive ways to get a foothold in the market and it isn’t necessarily your standard house or unit.

Brisbane’s median house price hit $520,000 in early December while the median unit price has started to nudge $400,000.

For first time buyers, needing a 20 per cent deposit, that means squirrelling away anywhere between $80,000 and $104,000 just to start out, unless you want to get hit with mortgage insurance, which can add thousands to the bill.

READ MORE VIA REALESTATE.COM.AU

hamish-jackson-reckons-traditional-houses-and-units-are-not-the-only-way-to-get-onto-the-property-ladder

Hamish Jackson reckons traditional houses and units are not the only way to get onto the property ladder.

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