What is rentvesting?
Rentvesting: what is it and how can it help you enter the property market sooner? The Australian housing market is notoriously hard to break into. So much so, the Coalition recently announced its plan to allow first home buyers to access up to $50,000 from their superannuation to get into the property market. There’s also […]
300+ Suburbs Hit $1mil Median
300+ Suburbs Hit $1mil Median An additional 311 Australian suburbs now have median house prices of $1 million or more, with Sydney and regional NSW accounting for the largest number of new entrants. CoreLogic data shows that between May and December 2021, 38% more suburbs recorded a median price of $1 million or more. In […]
Investing in Property and understanding risk
A case study- understanding risk Would you choose to buy in Moranbah or in Toowoomba? Right now it appears a fairly easy choice between the two Queensland centres, but 10 years ago it was a very different scenario. The central Queensland mining town of Moranbah remains our greatest example of a boom-bust scenario. Until 2012, […]
Confidence In Property Sector Rises
2022 Will Be A Busy Year We’ve witnessed in 2021 the most extraordinary year ever in Australian real estate. Amid lockdowns and other restrictions, prices nationally have increased 25% for houses and 14% for units. The new year promises to another growth year, notwithstanding the media’s attempt to construct an imaginary scenario of rising […]
RBA Reaffirms Rate Stability
RBA Reaffirms Rate Stability The Reserve Bank has reiterated that it does not intend to lift interest rates next year, despite growing industry speculation of a rise. This week, at the final board meeting of the year, the RBA left the cash rate at 0.10% and Governor Philip Lowe announced that the latest data and […]
Re-financing Hits Record Levels
Re-financing Hits Record Levels and Home Values Surge Past $9 Trillion A recent surge in switching among property investors has helped lift the amount of mortgage refinancing being undertaken to record levels. Lending indicators released by the ABS show mortgage holders refinanced $17.8 billion worth of home loans to another lender in August – the highest […]
Can’t afford to buy where you want to live? Rentvesting could be for you.
With property prices on the rise, more and more first home buyers can’t afford to buy the homes they want. But it’s not all bad news; You can still buy property that will go up in value, while someone else pays your mortgage. It’s called Rentvesting and more and more people are using it to […]
Property Investment: The #1 Thing You Want To Get Right
Selecting the right property for YOU is the most important thing when it comes to property investment. You want to get this right. This is also one of the trickiest things to get right when investing in real estate. Many people think there’s a right answer to basic property questions like: Where’s the best place […]
Fixed Interest Rate versus Variable Interest Rate – or the Best of Both Worlds?
Fixed Rate Loan Or Variable Rate Loan – Which One Is Right For You? Interest rate matters when looking for a good deal on your home loan. When you take out a home loan, a very important thing you would need to decide on is whether to go with a fixed interest rate, or with […]
This Week In Real Estate: 90% Have Sold For A Profit
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 […]