Are you planning to purchase your first home or investment property? If you’re new to buying property, here’s how the home loan application process works. Understand your borrowing power When it comes to buying a home or investment property, the first step is to get a clear picture of your borrowing power and budget. How much can you afford to spend on the property? What repayments can you reasonably cover? Having a budget in mind will help you narrow down your property searc...

Managing a mortgage can be challenging, especially when faced with growing expenses. However, with a clear plan, you can make significant progress towards paying off your home loan sooner. Here are our 7 practical tips to help boost your savings. 1. Implement and monitor a budget Use our Budget Planner to categorise your spending & quickly review your finances. Regular checks can help ensure you’re adhering to your budget and savings goals. 2. Develop a sustainable plan to cut ...

Spring typically sees an uptick in property sales and this trend looks set to continue in 2023. With property prices rising in recent months, it’s important to understand how to negotiate like a pro if you’re on the hunt for a bargain this spring. Here are 4 tips to help you negotiate the best deal this season: Tip 1: Comprehensive research A deep understanding of the local property market can be a significant advantage. You’ll be in a better position to make an offer or...

  Spring has sprung and in the property world, it’s an exciting time of year.  So, what will this year’s spring selling season look like? Property prices are still on the rise in many markets, despite the Reserve Bank of Australia’s recent interest rate hikes. Property prices rose 0.7% in July – the fifth straight month of gains. Listings are also on the rise but remain below 2022 levels. If you’re a prospective buyer, you’...

  Is a small budget holding you back from property investment? Think again! You might be surprised to learn that you don’t need a hefty bank balance to dive into the property market. Let’s see how you could make this dream a reality. 1. Unlock Your Home’s Potential Through Equity Equity is the difference between your property’s market value and what you owe the bank. For instance, if your home is worth $800,000 and you owe $500,000, you have $300,000 in equit...