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...

  Given recent interest rate movements and a significant number of fixed-rate loans due to expire this year, refinancing is on many borrowers’ minds. If you fall into this category, you may wonder how much refinance costs. Let us break down typical refinance costs for you. 1. Mortgage application fee If you’re switching lenders, you will likely have to pay a mortgage application or establishment fee. This covers the cost to your new lender of processing your applica...

Whether you're planning to buy or sell, now is the time to start preparing for the busy Spring property season. If you are planning to BUY this Spring its time to formulate a plan to secure your dream property: Get your finance sorted pronto There's no point starting your property search until you know how much you can comfortably borrow and afford. If you haven't already done so, secure your loan pre-approval so you are prepared to act quickly when you find the right property....

Spring is just around the corner which traditionally means the property market will start to warm up. If you are considering making that next property purchase, we recommend you get a home loan pre-approval first. Not only does it save you time on your property search but also protects you from overspending at an auction. Follow these 3 easy steps to get your home loan pre-approval sorted today: 1) Collect your documents Proof of identity Proof of income and savings Proo...