Saving the deposit for your first property is one of the hardest parts of getting into the market. In fact, it’s always been that way. But, with property prices in Sydney and parts of Melbourne now much higher than in years gone by, saving a big enough deposit is certainly not getting any easier. But…
Articles by Andrew Mirams
Andrew is a leading finance specialist who holds a Diploma of Financial Planning (Financial Services). With over 32 years of experience in finance, Andrew has been acknowledged by the mortgage industry with multiple awards. Visit IntuitiveFinance.Com.Au
The Australian economy has demonstrated extraordinary resilience over the past 18 months. In the lead-up to the Delta lockdowns, Australia was the only developed country to have gone into this year’s Delta lockdowns with both GDP and employment higher than before the pandemic hit early last year. However, since June, sustained, repeated lockdowns in Sydney…
With forecasts for the rest of the 2021 calendar year for property prices to rise by 20%, making the decision to buy Australian property, whether it be a home or an investment property, can be tough, particularly when the market is behaving differently (as it is now) and you’re faced with a choice – buy…
As we close in on a post-COVID world, two things have become clear — people don’t need to be in the office as much (if at all) and international migration is going to be uncertain for some time to come. This is particularly problematic for anyone selling inner-city Melbourne apartments. A key demographic for inner-city…
One of the key advantages to buying in Brisbane, compared with Sydney and Melbourne, is affordability. It wasn’t that long ago that a house, 10 kilometres from the CBD, could still be found for $450,000. Compare that with Sydney, where median prices on the cusp of the middle ring, just 10 kilometres out from the…
If you’re already on the property ladder, either by owning your principal place of residence or an investment property, there’ll likely come a time when you need a mortgage security valuation. It could be to refinance so you can borrow for renovations or to buy another property, or potentially to borrow against the equity in…
As the first wave of COVID reality bit the property market and resulted in a hard stall on activity, governments scrambled to get the engine room of the economy purring again via schemes and incentives. Property has long been recognised as a financial juggernaut, with stamp duty and other taxes filling government coffers and providing…
Your credit score is an important indicator that lenders use to gauge reliability and risk when assessing a loan application. A good credit score, therefore, is an important tool that will help your chances for success. If you’ve accessed your credit score and got a bit of a nasty shock, don’t worry too much, there…
Pulling together the information for a loan application can seem daunting, and may even feel a little invasive. If you’ve never applied for a loan before, gathering all of your most personal financial information – such as your credit card statement which reveals exactly how many takeaway coffees you’ve had this month – to hand…
A fundamental equation in the property game is that a rising population can deliver excellent property price growth – and this has certainly been the historical case for Brisbane. One of the best measures of Brisbane’s relative success compared to other Australian population centres is Net Interstate Migrate (NIM). This ABS statistic is a measure…