Australia’s property boom is shifting away from the big cities After the wild ride that was the year 2020, it became evident that people desired a change in their lifestyle and environment. And with that, a number of city-dwellers decided to set foot outside the major cities and relocate to the regional areas of Australia. […]
What is Rentvesting? Rentvesting is a growing trend in property investment where you invest in your first home with the intention of renting it out. A rentvestor simultaneously lives in a rental property located in their chosen suburb, while renting out an investment property they own found at a different suburb. Most people get into […]
This Week in Real Estate: Property news that you can trust Banks Slash Loan Approval Times The four big banks have taken drastic measures to reduce home loan approval times to support the booming residential property market. Major lenders are now claiming turnaround times of two days, at most, for straightforward loans. This increased pace […]
This Week in Real Estate: Property news that you can trust No APRA Concerns On Market The prudential regulator sees no need to place restrictions on borrowing to buy real estate and it has the support of one of the major banks. Westpac chief executive Peter King has backed APRA’s resistance to curtailing home lending, saying […]
Victorian Rental Rule Changes In A Nutshell On the 29th of March, there are a lot of reforms in Victorian renting laws that will be coming into effect. These new changes are to create a fairer, safer system for the tenants and for the landlords. The New Terminology Tenants – are now – Renters. Landlords […]
Is Debt Consolidation a Cure for the Christmas Debt Hangover? It’s just after the new year and one of your new year resolutions is to save more money. You have now decided to do something about your finances so that you can cut down on any unnecessary expenses without wanting to change your lifestyle. You ended up maxing […]
Home Loan Comparison At the start of November, the Reserve Bank of Australia slashed interest rates to a record low of 0.10%. What this means for you as a borrower is that you can find a better deal for your mortgage. Before you start shopping to refinance your mortgage, we’ve made a list of four things that you should look out for when undertaking home loan […]
Understand the hidden costs of buying a property So, you’ve been saving up for a deposit, you’ve provisionally secured a home loan, you’ve found a high growth suburb, and you’re ready to buy. Congratulations! Getting onto the property ladder is hard financially. But you’ve made the sacrifices and you’re ready to secure your financial future. […]
How to maximise your property investment growth If you’re considering a property investment, there will be plenty of things on your to-do list – from defining your long-term goals, to organising your finance, to identifying the ideal location. Among these decisions, you should be thinking about the characteristics of the property you choose and its […]
‘Your first property is always the most important, because this first property is your stepping stone and can literally set you up for a financially secure future,’ says Chris Christofi, founder and CEO of Reventon in a recent interview for Your Investment Property Magazine. Our advice for first home buyers If you’re in your twenties or thirties […]
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