Phases of the Property Cycle

Should You Rent or Buy?

If you want to invest in property, it’s important to understand the property cycle. It has four phases:1) boom 2) upswing 3) stagnant 4) downturn. We’ll look at each of these phases in turn. The boom phase The boom phase is when property prices are rising quickly. Australian property prices are currently in a boom […]

Common Home Loan Mistakes to Avoid

Common Home Loan Mistakes to Avoid

A home loan is the biggest financial commitment most Australians ever make. It’s important to avoid making common home loan mistakes. 1. Not checking your credit score before you apply You might not realise it, but if you’ve borrowed money or taken out credit before (even for a mobile phone account or electricity), then you […]

Regional Property Price Growth Outstripping Capital Cities

Regional Property Price Growth Outstripping Capital Cities

Property prices have boomed across Australia over the past 12 months. In fact, they have grown at the fastest annual rate since 1989. Prices in regional areas have led the charge. Regional growth Regional property price growth is outstripping capital city price growth for the first time since 2004. According to the latest data from […]

Everything You Need to Know about Negative Gearing

Everything You Need to Know about Negative Gearing

If you’re looking to buy an investment property, you might have heard of the term “negative gearing”. It’s a popular investment strategy for Australians. According to the latest available figures from the Australian Taxation Office, over 1.3 million Australian property investors use negative gearing as a strategy. Read on to find out everything you need […]

How Much of Your Income Should You Spend on Loan Repayments?

How Much of Your Income Should You Spend on Loan Repayments?

If you’re looking to buy a home or investment property, it’s important that you can comfortably afford your repayments. So how much of your income should go towards your repayments? Read on to find out. Avoiding mortgage stress Most lenders consider that spending more than 30% of your gross (before-tax) income on home loan repayments […]

Why You Should Use a Mortgage Broker

Why You Should Use a Mortgage Broker

If you’re thinking if taking out a home or investment property loan, you might be wondering whether you should use the services of a mortgage broker. The latest stats show…

How to Protect Your Home or Investment Property

How to Protect Your Home or Investment Property

If you’re looking to buy a home or investment property, it’s important to consider how you will protect it. Here are our top property protection tips. Tip 1: Find the right loan for your needs Both home and investment property loans are long-term financial commitments. You need to find the right loan for your specific […]

How to Avoid Overpaying for a Property

Tips for Buying an Investment Property

Negotiating the right purchase price is a crucial part of buying any property. Nobody wants to pay more for a property than they should. It’s a balancing act between making an offer the seller will accept and not offering more than you need to pay. Here are our top tips to avoid overpaying for any […]

How to Save for a Home Deposit

3 Refinancing Mistakes to Avoid

Buying a home is the great Australian dream. For most Australians, it takes years to save enough money for a home deposit, and that’s why it’s important to start as soon as possible. Here are 4 simple ways to better manage your money and afford a home deposit faster. Tip 1: Make sacrifices  To afford […]

Second Mortgages

Second Mortgages

If you’ve ever heard the term ‘second mortgage’ and wondered what it is, you’re not alone. Read on to find out everything you need to know about second mortgages, including potential reasons to get one, how they work and the major alternative option available.   What is a second mortgage? A second mortgage is a […]