It’s time that we all stopped talking about mortgage stress. It’s been a hot topic over the last year and a half, following a spate of interest rate hikes by the Reserve Bank propelling mortgage rates to heights unseen since late 2011. There’s no denying that some first-time homeowners who capitalized on record-low interest rates…
In recent years, the issue of allowing pets in strata apartments has been a subject of significant debate in Australia. The recent overhaul of strata laws, recently tabled in NSW parliament, marks a substantial shift in the way this matter will be approached. Positive outcomes for pet owners The proposed revamp of NSW strata laws…
Are you saving for a deposit for a new home? Well, according to the latest research from PEXA, Australians wanting to buy a home now have to work at least two years longer to save for the deposit than they did in 2020, with soaring house prices, rising interest rates and tighter lending criteria imposed by…
Is successful property investing an art or a science? Albert Einstein once said, “COMPOUND INTEREST IS THE EIGHTH wonder of the world. He who understands it earns it… he who doesn’t… pays it.” If we accept the above, then the longer we hold a property investment the more likely we are to make a gain….
Why do some properties significantly outperform others with regard to capital growth? Why are some properties always in strong demand and sell quickly? These are what I’d call “A-grade” properties. But what sets these exceptional properties apart from the rest, and how can investors uncover these hidden gems that consistently outperform market averages? As our…
There are plenty of misconceptions floating about concerning landlord insurance. Here are five common ones doing the rounds. Read on to sort the fact from fiction. Ever wondered where some of the ‘facts’ about landlord insurance have come from? So do we! Sometimes we are left scratching our heads about some of the misconceptions we…
Location is probably the most important thing to consider when it comes to buying your next investment property. Perhaps you’ve heard me say that the location of your property will do around 80% of the heavy lifting of its capital growth. “Location, location, location” is a well-known expression that highlights the importance of finding the…
Thinking of converting your home to an investment property one day? You’re not alone… In my many decades as a tax specialist, I’ve been asked almost every question but some are more common than others. And one of these is: “My spouse and I are thinking of upgrading our home but want to keep our…
Buying a home is a significant financial and emotional investment, and it’s crucial to navigate the process with caution and diligence. Unfortunately, many prospective homeowners fall prey to common mistakes that can lead to financial setbacks and stress. In this article, we’ll explore some of the most prevalent home-buying mistakes and provide guidance on how…
Despite high interest rates and the rising cost of living the total amount in residential offset accounts has risen to a new record high of $257.20 billion as borrowers stash cash in their mortgages to mitigate the impact of the RBA hikes. The latest APRA’s Quarterly ADI Property Exposure statistics shows that money in residential…
