Do you have a principal and interest home loan? Well if so, read on as this tip could save you a fortune over the years. It’s a method to best manage your home loan repayments in order to save not only interest but years on the life of a standard, variable-rate home loan. While most…
Throughout the annals of property history, one constant facet of asset selection has often eluded beginning investors and that is – what really pushes up the price of some housing, while other pockets languish in the ‘medians’ or are below-par performers. Often, those new to the property game think it’s all pretty black and white…
Sydney has long held the crown as Australia’s most expensive city, consistently commanding a premium over Melbourne. However, this premium has now reached historic extremes. The latest PropTrack data reveals that the typical house in Sydney fetches a whopping 70% premium over its Melbourne counterpart. Put simply, Melbourne’s median house price is about 41% cheaper…
Are you an expat considering buying an investment property in Australia? Well… you’re not alone. Since the pandemic lockdowns eased (remember those?) and our international and domestic borders reopened there has been a shift in demand across all our property markets. Buyer interest has jumped from expats flocking to Australia to escape rising social and…
Do you understand the ripple effect and how it relates to property and price growth? It is a similar concept to dropping a stone in a pond, the result being small ripples moving outward. In a property sense, we have a CBD as the centre point and the ripples as suburbs move further away. A…
The total value of new home loans approved in the month of August was $30.38 billion – just 1.0 per cent higher than was recorded the previous month. Growth in the month was again driven by investor lending, up $164.7 million, or 1.4 per cent, according to ABS Lending Indicator data released today. Investor lending…
Brand new properties deliver different benefits to existing properties, from depreciation power to capital growth potential. When it comes to deciding which one makes the best investment, there’s no blanket answer — but there are factors that could sway your decision. Rather than attempting to categorise one as better than the other, which is a…
It’s an age-old question and one that I hear time and time again Should I buy a house? What if interest rates fall in 2025? Should I buy a property now or wait until then? Unfortunately, none of us have a crystal ball, we can’t predict what the future will hold. But there is one…
If you’re apprehensive at the thought of borrowing six-figures (or more) to invest in property, you’re not alone. Here are six of the most common fears that trick people into not investing – and how to move past them.
You probably know – like I do – a number of few people who’ve done very well out of property over the years… despite not taking much interest in it, and having no special skills. And although I don’t want to discourage you in your quest to be an elite and highly informed investor, this…
