Sydney has certainly been our nation’s benchmark market – and it’s obvious why. Around 60 per cent of all transactions occur in and around the capital. This gives it substantial weight in any national analysis. We’ve also noticed that some observers who proffer their opinion about the ‘Australian property market’ are often simply describing Sydney’s…
Articles by Andrew Mirams
Andrew is a leading finance strategist who holds a Diploma of Financial Planning (Financial Services). With over 27 years of experience in finance, Andrew has been acknowledged by the mortgage industry with multiple awards.Visit www.intuitivefinance.com.au
Every day I’m still staggered by the complacency of everyday Australians and how either unwilling or ignorant they are when it comes to the interest they pay on their home or investment loans. Despite big reductions in interest rates over the past few years, a recent survey found a huge number of Australians would never…
The events of the past year have prompted a lot of current and would-be mortgage holders to consider whether they should rush to lock in their loan interest rates with a fixed product. Rates have tumbled thanks to multiple cuts by the Reserve Bank and the fixed rates on offer from banks and other lenders…
First home buyers have started to apply for a new government scheme designed to get them onto the property ladder sooner. The First Home Loan Deposit Scheme kicked off on 1 January, with eligible first home buyers able to access funds to help with a deposit for their first home. The scheme, which was announced in the…
In the world of a property investor, there are almost countless measures, terms and phrases to get acquainted with that help you determine your future and current position, viability and long-term outlook. For landlords, one of the best indicators of your financial stakes is the rental yield. It’s a quick and easy snapshot of how…
There’s no doubt that securing a mortgage for a home is an involved process, with lots of paperwork, assessment and hoop-jumping. But generally speaking, you’ve got a decent deposit on a solid property that’s worth what you’re paying, no credit blemishes on your file and a good salary to meet repayments. You know how much…
The thing about property investing is that eventually you, or your beneficiaries if you hold for the extremely long-term, will likely have to pay Capital Gains Tax (CGT). WHAT IS THE CAPITAL GAINS TAX? HOW MUCH IS IS THE CAPITAL GAINS TAX? HOW TO CALCULATE YOUR CAPITAL GAIN? HOW TO AVOID THE CGT BY LIVING…
Buying your very first home can be both an exciting and daunting process. Navigating the maze of finance, home loans and the property market can be challenging for even seasoned investors. So how are the newcomers meant to get their foot into the property market? The good news is there are lots of options and…
Like me, you’ve probably been following the monthly median price results for property markets around Australia with keen interest. What a difference a year makes! If you cast your mind back to this time last year, we were faced with a vastly different environment – monthly declines, very low levels of activity, a blow-out in…
Buying your first home is a rite of passage for most young Australians. Having a place to call our own is a key part of our psyche so it’s little surprise that first homebuyers are prepared to put in the hard financial yards to turn that dream into a reality. Buying your first home can…
