Be auction ready
Regardless of the strategy or science you adopt, it is important to take these steps BEFORE you attend an auction. Pre-approval First and foremost, secure finance pre-approval so you know your true borrowing power. Generally, contracts for sale by way of auction do not allow for a cooling off period. Therefore, having certainty around your […]
Strategy or Science
Auctions – love them or loathe them, they are almost unavoidable, especially in a competitive market. Early this year, just under 3,000 capital city homes went under the hammer, compared to just 612 a year ago (although fewer auctions were expected during the onset of the global pandemic)1. The trick to buying at auction in […]
A guide to successful property investment
Ready to become a landlord? Whether this is your first property purchase or adding to your property portfolio, it pays to have a look at this investment guide to ensure you are well prepared. Do your numbers stack up? Are you in for the long term Property investing is generally a long-term wealth accumulation strategy. […]
Ways to access your home equity
Have you been repaying your mortgage for some time and/or made additional ad hoc payments over time? Have property prices increased in your area? If yes, you may have equity available in your home that could pay for renovations, an investment property or a lifestyle purchase! Your home equity is the market value of your […]
Will your spending habits derail your next loan?
Did you know that your daily spending habits could be the difference between securing your loan…or not? This time last year the big news in the finance world was the introduction of tighter lending criteria by APRA (Australian Prudential Regulation Authority) designed to curb what the regulator saw as ‘heightened risk’ in investor lending. The […]
Understanding and using equity
The great Aussie dream of paying off your mortgage and owning your home can sometimes feel like a lifetime away. While outright home ownership might be some time away it is worth acknowledging that with each additional loan repayment you are building equity in your home. In addition, the recent increase in property prices is […]
Tips for landslords
How astute landlords can secure their rental returns, in any market The latest National Residential Vacancy Rate figures from investment research house SQM Research have some investors feeling uncertain. The figures show that in some parts of the country, vacancy rates are still substantially higher than previous years. These increased vacancy rates, combined with amendments […]
Time to invest in property?
When it comes to investment in the property market, many investors believe timing in the market is not as important as time in the market. While this is likely to hold true, if we are able to pick the right timing our returns are possibly going to be enhanced. So when could be a good […]
Switching banks will soon be easier
Have you heard of open banking? Many people haven’t (maybe because at first it seems like a dull topic) but it could potentially save you THOUSANDS of dollars in the future. Now we have your interest, let us open explain! What is open banking? Open banking will give Australian consumers more control over their financial […]
Should you keep your first home as an investment property?
First homes, like first loves, are important milestones in our lives representing more than just bricks and mortar. And like our first loves, most of us eventually move on from our first home. Needs change, families grow and we find ourselves looking for a new property. This is often a time that property owners turn […]
