29/07/2026
💰How much do you need to earn to buy a home? 💰
Domain recently looked at the income needed to buy a home, assuming a 20% deposit.
It found a solo buyer needs an annual income from $232,000 to buy in Sydney, or $111,000 to buy in Darwin. 🏡
For couples, each person may need to earn $121,000 in Sydney, or just $68,000 for more affordable capitals.
The catch is these were figures for houses.
Apartments may require a lower income. 🏢
What matters is that you talk to us.
We can explain your borrowing power across different lenders based on your situation. 👇
To find out more, get in touch with us at www.networkfinance.com.au
27/07/2026
🏢 Unit versus house, what's your preference? 🏡
Two of the main advantages of apartments are low-maintenance lifestyle and greater affordability.
Houses and their associated land, on the otherhand, usually provide greater capital gains, according to Cotality data.
But you've got to start somewhere...
The median unit price across state capitals is $749,446. 📊
That’s 34% less than the median house price of $1,140,454. 🏡
The $391,000 price difference could help you bring forward your home buying plans. ⏩
And if you’re a first home buyer, you may only need a 5% deposit to get started. 👇
To find out more, get in touch with us at www.networkfinance.com.au
22/07/2026
🐜 Pre-purchase pest inspections may have just became more important 🐜
Across large parts of Australia the end of summer was hot and humid.
Perfect conditions for termites.
A Domain report reveals a 30% uptick in termite-related calls to pest companies. 📈
Getting rid of termites can be expensive.
And the damage they leave behind may not be covered by insurance. ⚠️
For homebuyers, this highlights the value of a pre-purchase pest inspection, which can cost just upwards of $150.
Or get a combined pest and building inspection to cover both bases. 🧾
Contact us to learn more about the steps you should consider when buying a home. 👇
To find out more, get in touch with us at www.networkfinance.com.au
29/07/2026
27/07/2026
22/07/2026