Different types of loans explained
Unless you’re lucky enough to be a cash buyer, whether you’re a homebuyer or investor, you will need a loan. There are a lot of loans available from a wide variety of financial providers! Lenders assess income, expenses, and debt levels to determine borrowing capacity, and each loan type will tailored to suit the borrower’s.
4 options for home owners as mean property price reaches over a $1million
The Australian Bureau of Statistics’ latest figures show the mean price of residential dwellings in NSW ($1,245,900) remains the highest in the country, followed by QLD ($944,700) and the ACT ($941,300). For Australia as a whole, key statistics in the report show: With house prices continuing to rise, home owners may well be wondering what,.
What not to fix when selling your home
Data from Cotality (formerly CoreLogic) shows that house prices increased in May, and with interest rates lowering, homeowners wanting to relocate, upgrade or downsize, may well be thinking now’s the time to do it. We all want the best price for our property, and while this favourable sellers-market may tempt homeowners to invest in upgrades.
End-of-Year Tax check list
With the end of the 2024–25 financial year on the horizon, property investors now’s the time to schedule in reviewing portfolios, tidy up tax affairs, and prepare for increased scrutiny from the Australian Taxation Office (ATO). First and foremost, make sure your records are in order. Ensure you have detailed documentation for all expenses, such.
What’s the impact of the Labor win for property owners?
With Labor securing another term, home owners and investors alike may well be wondering what this means, and what to expect next. At the moment, it’s a wait and see situation; so let’s look at what we already know about Labor’s policies relating to property, and explore some of the other factors which may affect.
A guide to property co-ownership
With property prices continuing to go up, many first-time buyers and indeed some investors, are turning to co-ownership as an option to get a foot on the property ladder. As the name suggests, co-ownership is the term given to when two or more people jointly purchase and own a property. But co-owning property comes with.
7 House Selling Myths Busted
With CoreLogic’s latest report suggesting national home values increased 0.4% over the month, the second consecutive month of growth in the national index, and some economists suggesting homeowners might benefit from Trump’s tariff announcements tariff announcements, homeowners may be reviewing their options. Selling a house is probably one of the biggest financial transactions in a.
How the Budget Affects Property Owners
Last month, the 2025–26 Federal Budget announced several measures that will impact both residential and investment property owners. Here we look at some of them. How the budget impacts property investors The Government has increased maximum rates of Commonwealth Rent Assistance by 45% for approximately 1 million households. Additionally, a framework is being implemented to.