Posted in Property Investment

It’s an amazing time to go house hunting this summer! Here’s why hitting up those open homes during the summer could be a really smart move: 1. Eager sellers alert! Spring is usually the time when everyone’s out buying houses, so if a place is still up for grabs by summer, the seller is probably itching to make a deal. With this year’s spring auctions not as hot as usual, there could be lots of choices out there. This means sellers might be more up for a chat about ...

It’s hard to believe that it’s almost the end of the year, and what a year it’s been in the property world! Let’s look at some of the highlights from 2023. Interest rates climbed and then plateaued From May 2022, the Reserve Bank of Australia (RBA) began an aggressive cycle of tightening the cash rate to get inflation under control. In 2023, we saw the RBA lift the cash rate in February, March, May, June, and November, leaving mortgage holders grappling with rising...

Planning to purchase a property soon? Here’s what you can do today to enhance your chances of being approved for a home loan down the track. 1. Do your research It’s a good idea to do some research and start thinking about what kind of home loan may suit your needs. If you like the idea of knowing exactly what your ongoing repayment will be so that you can budget for it, a fixed home loan may work for you. However, keep in mind there’s talk of interest rates going down i...

Diving into the world of property investment can be both exhilarating and daunting. With the potential for considerable returns, it’s tempting to jump right in. However, it’s essential to be aware of common pitfalls and arm yourself with strategies to navigate them. Here’s a guide to help you avoid four common mistakes when buying your first investment property. 1. Poor Cash Flow Management Understand Initial Costs: Before even looking at properties, familiarise your...

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....