First-Home Buyers Boost Loan Applications as Investors Retreat
By Ravs Realtors · 23 August 2026 · 1 min read · Source: The Guardian
New data reveals a rise in loan applications from first-home buyers, contrasting with a pullback from investors. This shift is attributed to recent interest rate increases and government tax changes aimed at levelling the playing field.
This trend could reduce competition for entry-level properties in Melbourne's western growth corridor, offering first-home buyers a better chance to secure a home without being outbid by investors.
Summarised by Ravs Realtors from reporting by The Guardian.
