With record low interest rates, a flattening housing market and repeated assertions from RBA governor Philip Lowe that a rates rise is not on the near horizon, this may be the right time for first home buyers to strike. Following the August Reserve Bank (RBA) meeting, interest rates remain at 0.25%…
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With the latest announcement by NSW government on stamp duty relieve for brand new homes up to $800K – this is now truly THE perfect storm for all the NSW First Home Buyers! As we all know the biggest hurdle for First Home Buyers (FHBs) to get into their first home…
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I thought I’ll tackle a controversial question that I get asked a lot these days – “is now the right time to buy a property”? Now first of all let me take my broker hat off and put my investor hat on – because if you ask anyone working in real…
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As part of the economic response to the COVID-19 pandemic, the federal government’s HomeBuilder program provides eligible owner-occupiers – including first home buyers – with a grant of $25,000 to build a new home or substantially renovate an existing home before the end of 2020. It can pay to check if…
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Australia’s cash rate is now the lowest it has been in 23 years, a reaction initially to stunted economic growth and now to the impact of COVID-19 on the local and global economic landscape. As the uncharted negative interest rate zone looms, is it worth fixing your rate? Here’s what to…
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Come July 1 the annual tax window opens again. Property investors may have access to a wide range of tax benefits, but tax is a complicated matter. It pays to be across the details. Here’s how you could maximise your return, and what to watch out for. Over two million Australians…
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If you are concerned about servicing your loan, reach out to your mortgage broker for help. As Australians everywhere take a close look at their financial circumstances, mortgage brokers stand ready to lend a helping hand. Whether experiencing financial hardship through job loss, a reduction in work hours, or business disruption,…
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Taking a short-term break from paying off your mortgage isn’t a new idea, but as the bite of the COVID-19 pandemic grips harder and harder, more Australians are applying to do so. With the RBA’s cash rate held at a record low of 0.25%, what are the implications of pushing pause…
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A success acquisition in our west coast! Secured by Right Property Group for our mutual client for the price of $365,000, this 3 bedroom, 1 bathroom house sitting on 856sqm block has an excellent potential for the following reasons: Location – Situated in a quite residential neighborhood area and only about…
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Building a new home that looks and feels just right – or making big changes to the place you live – is a goal for many. But it can be a more complicated process and a very different experience to buying an existing property. And it can require a specific type…
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