Australia’s Gen-Y, otherwise called the young Aussies, has broken the mold.

Once typecast as being fixated with carefree spending and sponging off their parents, these Gen-Yers have flown out of its pigeonhole as the currently ongoing high property prices have changed them from being Generation Egocentric into Generation Prudent.

According to a recent survey conducted on mortgage-holders with the age under 30, it reveals that of the thousand respondents surveyed, 71 percent claimed that they never have rented a property.

Young Aussies were found out that they won’t leave home for they want to save for their own property.

Of the 1000 Gen-Yers surveyed, 76 percent of respondents have admitted that they have stayed at home longer than they would have liked in order to circumvent paying rent, for the purpose of saving for a home loan deposit as they hang on to the great Aussie home ownership dream that is buying their own dream house.

More Australian Gen-Yers are opting to stay home longer with parents or some are even staying with their grandparents, in a phenomenon hailed as the “Famwich”, in order to save for a deposit.

With the soaring prices on house and land packages, Australia’s Generation Y has adopted the strategy of extended living in parental homes which is said to have become a common financial strategy among younger people nowadays.

A long-standing trend towards extended living in the parental home before leaving to rent have been increasingly observed as Australia’s Gen Yers are utilizing this to save for their own home instead of renting.

According to the survey findings, the long-standing trend is strongly being observed in Sydney, Perth and Melbourne, of which concerns about housing affordability are most prominent.

Australia’s Gen-Yers Shun Luxury Purchases

On another note, according to a recent survey conducted by McCrindle Research for realestate.com.au, young Aussies are also becoming sensible in their spending as the survey data reveals that 91 percent of respondents are prepared to spend less on discretionary purchases such as brands and luxuries, 76 percent on entertainment and recreation and another 76 percent on car upgrades in order to reach their goal of owning a house.

Furthermore, the survey also said that most of the respondents are willing to give up a swimming pool, extra space or multiple bathrooms. However, three-fourths of the respondents are not willing to forgo modern ‘necessities’ such as health care and private education.

The survey further revealed that overall national confidence about housing affordability was relatively subdued, and ambiguity about the future had resulted to financial conservatism among the youths.

However, despite the disheartening vista of decades of paying mortgage, Australia’s Gen Ys are found out to have the most positive outlook of any age group about being able to buy a home design in the future.

Even David Chalke, a social commentator, said that Gen-Yers are better educated, more connected and informed, are active savers, and smarter than the previous generations.

Likewise, Mr. Chalke also added that young Aussies aged 18 to 31 are now more determined and more focused on their future and are better prepared to work hard and budget.

RAMS has responded to this trend by designing a new home loan product, “Fast Track”, that enables first home buyers to get into the housing market sooner with parental help, while avoiding mortgage insurance.

RAMS chief operating officer Susan Bannigan says it’s hard enough getting children to leave the family nest.

“But when they say they want to stay at home to achieve a serious financial goal, it’s incredibly difficult to say no,” she said.

“For them it’s a win-win situation.”

And of course, money to pay the utility bills and groceries grows on trees.

Australian couples have now put their house plans ahead of their plan of having children. They want a house plan first before having kids.

As the cost of entering the property market rises, around one in three Australians are now planning to delay their plans to start or grow a family.

According to a PRD nationwide survey, out of the 2000 Australians that were surveyed, it was found out that 34 per cent of the respondents of the survey were considering delaying their plan of having children as house prices increase or entry cost rises.

The increasing house prices has catapulted the Australian couples to change their plans of having a family to having a house first.

Aaron Maskrey, the PRD nationwide research director, said that because couples want to buy their own homes first, a significant number of them are postponing their plan of starting their own families.

Maskrey commented that though the long-term trend has seen prices for houses rising; however, the current softening of values in many areas are possible to attract many potential buyers into home ownership as these conditions will not hold in the long term.

He added that this condition has changed important life decisions, such as when to start a family.

Australian couple’s plan of starting a family, i.e. of having children, has now taken a backseat to the plan of buying a house. Because Australian couples perceive that the softening values of home designs would not last long, they are now changing their plan to having first their own house instead of having children first.

This trend has opened the market for Australian house plans; thus, the result is increasing the price of home plan.

Australian couples are now considering buying first their own house instead of starting making a family particularly having children.

As shown by the latest REIA Housing Affordability Report, it now costs an average Australian family about 35.3 per cent of their income to service the home loan.

This report shows that though this is still down from the previous year’s REIA Housing Affordability Report by 4.6 per cent, this still is up from 34.8 per cent in September 2010.

However, the survey also shows that more than half of the respondents or 55 per cent of them would not allow the state of the property market prevent them from starting a family.

This result shows that though some of the Australian couples are considering delaying having a family first to buying a house, most of them are still intending to start a family particularly having children. The condition of the property market has not discouraged them from intending to have children. Though having children has taken a backseat to buying a house.

Maskrey added that the remaining 10 per cent of respondents that were surveyed said that the research was not applicable to their situation.

As expected, last week, the Reserve Bank of Australia has left the cash rate unchanged at 4.75 per cent and the post-meeting statement released was almost identical to last month’s statement.

House and land packages are the new trend in acquiring a land and a house nowadays. It may come as a total when a developer owns the land while a developer will market the house and land package within that that housing project. There may also be situations when you can buy the land from a developer or builder and still get the builder of your choice.

It is important to seek legal advice first before getting into any deals. House and land packages are at times offered with a pre-planned home design by the builder to go well with the size, shape and orientation of the building block. The buyer will then be presented with this plan so as to give him/her a street-clear idea of how the housing development will look like. As in most cases, this plan has been approved by the Council for development.

Acquiring properties such as land and house packages should be well thought of and carefully planned. Nowadays, there are certain effective ways that people can take as precautions against making the wrong decisions. Internet websites now offer most, if not all, the information that you need to know about a certain property that has been put up on sale or marketed by a developer.

In Australia, there are popular websites that people who are into purchasing land and house packages can check to find the best deals before buying. These websites will usually present a list of the latest in display homes, new house plans, land up for sale in the best locations, and an array of home builders all across the country so that you will be able to check each one of them and choose the best ones that will suit your needs.

While you’re at it, you might also be concerned about the materials that the housing development is using for the houses. It might also come in handy if you would check the best materials for building house and compare it with what the developer is using to ensure you and your family’s safety. Of course, if you choose to just buy the land and take control of choosing your own builder, knowledge about materials will also help you tremendously especially if you’re working on a budget.

You might want to also check the architectural designs of the properties being sold before you make a decision. With the information provided in the websites, you will have a more or less clear idea of what the house and land packages really entail. You might also check the property and meet the developer for your questions and other concerns.

With this option in looking for the best home and land packages in Australia, buying a property is a breeze. Now you can find your dream home while getting the best deals as well without having to go through all the trouble of checking each property. For further information about getting house and land packages in Australia, you may visit Displayhouses.com.au.

Australia is everything. They have the best lands, the best weather and then the best home designs. If you are for once traversing or cruising on the road for an ocular for a sample house design that can fit your needs, Australia is the best way to go. Aside from that Australia has a lot of potential in terms of keeping up with fashion and design updated.

It sure helps to know when you choose a home design that refers to some historical and majestic compliments. One like the Victorian class, or the Spanish styled home design, anything can be perfect.

Finding the home design for your dream home is just exciting as anything that you had before. Being specific to what you really want for your home to look like is something that really spice up the thrill. There are questions that needed to answer when you are choosing your home design, you can choose from the best ones offered in different Australian home builders, but can it satisfy your needs?
No worries if you can’t answer this right off the bat, after all people who make designs or design houses have lots of ideas running constantly through their heads, while you sit and enjoy your latte, choosing from among the designs that are suitable for you and your family.

Making your dream house designs a reality that can take a lot of planning, that why you have to b careful in each details that you want so that your home builders are all able to understand what you really mean. You should try avoiding any problems during construction or when you are already in the building or in your home. So in planning and choosing your home design, you have to make sure that you are also ready for each changes and factors during construction.

If this is your first time to have a house designs plans and you need to plan your bathroom then you needs to consider a lot of things. From the prices, the design or layout, it all depends on your taste and preference. The first item to do is to list the items that need to be integrated in your bathroom suite. The clear items that you would think about include the bath, shower, toilet, and hand basin.

There are many resources that you can go to look for the perfect items, there’s the home design magazines, televisions and of course the internet. If you look through the internet you can get a lot of ideas and suggestions that you might incorporate on your bathroom designs rather to the whole house display. Home builders are actually be very helpful to this kind of decisions however you need to seek for the best one, choose home builders who are skilled, professional and have the abilities to do their job fast and high quality.

The next thing would be in planning your bathroom design is to determine where to position other fixtures, such as an extractor fan, shelves, a laundry basket, a chair/stool, an electric shaver power point, a medicine chest, bathroom cabinet, and a mirror, and whether or not you have adequate breathing space for additional fixtures such as a light above the mirror or extra shelving or cupboard space. Also keep in mind to take accurate measurements of the dimensions of your bathroom and then use squared paper to draw a floor plan of your working area, taking care to make certain that everything is drawn to scale. This will help to make things easier and your task enormously. On the drawn plan, mark the current state of your bathroom. Be certain to take in the location of all of the accessible services/fixtures, for instance the drains, pipes, hot and cold water outlets, electric points, extractor vents/fans, and any other existing bathroom fixtures. This way it will definitely provide you an idea on your house design of what needs to be added, removed, or moved.

In order to have a good bathroom design you need to design what you really want and need. Make sure to know your budget and don’t overspend just make sure to avail things for your bathroom with high quality items and products but definitely less expensive than usual.

The maintenance of your house plays a big role in the overall value of the house. You really need to repair damaged parts and areas of your house immediately because if not, they could degrade and cause even more damage. Furthermore, regular maintenance keeps your home efficient and as good as new. It is not good to forego the maintenance of your home designs, as it often lowers the overall value of the property. A few simple tips will help you properly maintain your house.

Make sure that you check your roof, gutters and downspouts, and veneers or sidings every six months. For your roof, you should always check the shingles of your house from the ground. Look for any missing shingles. Also keep your eye on shingles that are broken or are damaged. Check your gutters for obstructions and debris. Your veneers and sidings should not have any deteriorating bricks or masonry. Your windows and doors should also be in top condition.

Inside your house, you should check your attic if there are any leaks inside. You should repair this immediately. The baths should also not have leaks. The ceramics should not be broken. Check your faucets if the water underneath has any discoloration. This could mean that your pipes are rusty. This goes for the kitchen as well. For all tiled areas, you should check the gout if it is still intact. If you are concerned with the heating system, you should always check the coils. A lot of impurities could build up in the coils, causing your heating system to malfunction.

Make sure that your house design stays perfect. If you have purchased your home from online sites that provide planning and designing of home plans, you can always ask your architect or home builders if they are willing to help you renovate or maintain your home designs. New home builders are more than willing to help you improve your house design.

Green design house are in fact what you would need to give in importance because it makes use of eco-friendly and reusable materials. These house plans lean towards renewable and longer lasting materials and you don’t need to worry if you are giving harm to our planet. If you ask home builders they will say that green home designs focus on recycling material and make it certain that material is non-toxic that might harm our earth.

Green home designs use very few items that are brand new as they always use recycle and the reusable stuff. Green materials such as cork, bamboo and eucalyptus are first and foremost use today of house builders in their home design for the reason that they are earth friendly. Green materials contain those that are saved or refurbished in an active structure. There are many available options today. You can use materials that includes unstable organic compounds or VOC’s when painting however the refinishing, or stencilling stuff need to be avoided.

If you choose your appliances, make sure that this is energy efficiency that will compliment with your green design homes. There are lots of new products that are available in store today, new but save a lot of energy. It is actually very easy to find appliance that save energy and water usage today.

If you are thinking about your, kitchen keep in mind that when designing it, seek to include the use of concrete counter tops as it will certainly add a modern look to the area. However if you don’t want concrete counter tops, you can choose another options like the alternative which is the recycled glass tiles

Keep in mind that if this is your first time to have a green design home, make sure to hire the right house builders that will help you in all the development and process of building your green house. Try to have on your own research and look for the best home builders in the Internet rather ask someone like your relatives and friends if they know someone who can they refer to you as a home builder. This way you will have the assurance of having the quality of home builder and that you will not have any regrets or problems in the future.

If you have a specific home design in mind, it can be tough to figure it out to your home builder. Even if you have a clear idea of what kind of house design you want to have, sometimes you are still uncertain if  the home builder can give the desired output that is true to your vision. This is why you should take great care when choosing your house builders. You have to make sure that you and the house builder will be able to share a single vision. You also have to know and trust the abilities of the home builder.

There are a few things to consider when choosing the right home builder for your dream house. Look for a builder that is both knowledgeable in classic house designs and open to new home designs. This will give you a wide variety of good options. While it is good to know the different classical styles, it is still best to choose a home builder that is updated with the latest top trends in home designs. One of the trendy trends in home designs is earth-friendly home designs, which every owner can enjoy the bio-degradable materials. This will not only be cost effective but also set the mood of your house close to the environment. Another one is the healthy home design in which the home builder refrains to use plastics, laminates, and fume-producing glues that might cause on your health. The storm-resistant home design is also popular that home owners would feel the safety on their family against calamities. If your chosen home builder is knowledgeable with these latest home designs, this will make it easier for both you and the builder to merge together your concepts and ideas.

Do a background check on your chosen home builder and make sure that they are a trusted name. You can do this by reviewing their previous houses. You can also try to look for testimonials. This will assure you that the home builder will have the skills required to give you the perfect dream home you desire.

Communication is one key to the success of your dream house. You and the home builder must be able to coordinate well. The house builder must be able to understand what you need and want from the house. Additionally, they should be able to provide useful tips and suggestions, without overriding the client’s preferences. You should choose a house builder that will talk and listen to your concern with respect.

Design is the most important aspect when you want to give a new look to your home. Since it is used so frequently and for such long times, the first characteristic for a home design should be durability and stability.

A good home design all made of such diverse materials including glass. There’s no doubt that designing your home need a good and perfect set of furniture that is exceedingly beautiful and durable. That is why some consumers don’t even think about home furniture made of glass because they think it’s not practical at all. Yes, we can’t blame them, nevertheless if you have extra cash and can afford to buy a glass then why not buy one and give your bathroom an elegant look.

Integral parts of every home are the different range of designs nowadays, and several come at really affordable price. With the wide choices online, you can choose the perfect products that best suit with the look and theme of your house. However, make sure to spend some time looking at the different products and styles that you might like if you are not so sure on buying one.

Let Display Houses help you with your home designs, they offer complete custom home design services that include plan development and design, site planning and consultation. Designing homes with an imaginative blend of design style and modern convenience.

Written by: Dashiell Wood