Joel Hynes is the director of The Shoreline Agency, a buyers-only agency serving the Northern Illawarra. With 20 years' local knowledge and an NSW real estate licence, he helps families, first-home buyers, and relocators navigate the market with clarity and confidence. He's written this post to cut through the noise and give you the actual strategy you need. Ready to move forward? Get in touch through The Shoreline Agency.
With the cash rate at 4.60% and lenders lifting 289 fixed rates in a week, first home buyers are asking whether to lock in. Here is how fixed and variable compare, what each rise costs, and why splitting the loan is worth discussing.
Newport NSW suburb guide: house median $3,000,000, unit median $1,213,750, yields of 3.04% and 3.55%, and what each bedroom budget buys.
Collaroy NSW guide: house median $4,045,000, unit median $1,220,000, 3.62% gross unit yield and a 48-day median to sell a house, with B-Line bus access.