There are many good reasons to own the roof over your head, but there are some tradeoffs as well. With the added control comes a laundry list of responsibilities. The stability of staying put often means a loss of flexibility and with the opportunity to build equity comes some financial responsibilities. So let’s look at…
They say men are from Mars and women are from Venus, and it’s certainly true that when it comes to securing their financial future, the two sexes are worlds apart. While men seemingly have little difficulty pursuing wealth and success, societal norms and distorted perceptions often see women taking a backseat in this arena, to…
No place in Australia faces a brighter future than southeast Queensland, with the potential to secure much-needed infrastructure due to the Olympic Games. This catalyst event can bring infrastructure spending from the future into the present, creating opportunities for growth and development. However, it’s crucial that the region seizes this once-in-a-lifetime opportunity without squandering it….
Homeowners in Sydney, Australia, are holding onto their properties longer than ever. Data from CoreLogic reveals that the median hold period for houses across greater Sydney has doubled from 5.3 years in December 2002 to 10 years in December 2022. For units, the median hold period increased from 4.3 years to 8.3 years over the…
What are your priorities to consider when moving home? Well, new research by NRMA Insurance has found that Australians relocating prioritise researching local coffee shops and dining options over checking the potential risks of wild weather to their safety and property. The latest edition of the NRMA Insurance Wild Weather Tracker revealed that only 26%…
For the first time in six months, the amount of credit card debt incurring interest has decreased, but the total balance of $17.73 billion is still wreaking havoc on the finances of many Australians. The RBA’s latest data reveals that the total debt attracting interest charges has fallen by 0.1% or $19 million from the…
We find ourselves living in a time of great uncertainty, particularly when we cast our gaze upon the economic landscape of the past decade. For an extended period, inflation and interest rates remained stagnant, with no indication of change in the foreseeable future. These conditions persisted for so long that an entire generation has known…
What price would you be willing to pay to become a successful property investor? What price would you be willing to pay, to become a successful property investor? The game has changed a few times in the last decade. It wasn’t that long ago that we were cushioned by the tailwinds of ultra‑low interest rates…
According to the latest ABS Lending Indicators data property buyers are adjusting to current market conditions in different ways. New lending has increased for the first time in 14 months while existing borrowers are responding to rising interest rates by refinancing at record levels. In March, new lending rose by 4.9% compared to the previous…
After declining for most of last year, home prices have started to increase again in 2023, with April marking the fourth consecutive month of rises nationwide, according to the latest PropTrack Home Price Index. This is due to factors such as strong migration, limited supply, and tight rental markets, which are offsetting the impact of…
