With interest rates on the rise and investment returns increasingly volatile, Australians with cash to spare may be wondering how to make the most of it. If you have a mortgage, should you make extra repayments or would you be better off in the long...
There are certain things to look out for when selecting and applying for a loan for your investment property. Here we look at the main differences, the most popular loan types, and how to get the best mortgage for your situation. Interest-only, fixed, variable, offset –...
While interest from foreign investors in Australian property has remained strong, HLB Mann Judd warned that tax increases could see demand shift to other markets. In spite of a range of challenges including pandemic-driven uncertainty, HLB Mann Judd Melbourne partner Josh Chye has suggested that demand...
When a real estate investor decides to purchase a property, there are usually scores of options. Some investors even compare the search for a good real estate deal like a treasure hunt – you need to turn a lot of stones before unearthing a true...
Since early 2020, the time needed to save for a deposit has increased by more than two years. Prospective homeowners need to save for a record 11.4 years in order to be able to afford a 20 per cent deposit on a home, a new report...
Amortisation period The time taken to repay a debt, including accrued interest, in full through regular repayments. Basis points Refer to a common unit of measure for interest rates and other percentages. One basis point equals 0.01 per cent. For example, 50 basis points equal 0.50 per cent. Break...
With Anthony Albanese sworn in as Australia’s 31st PM, home buyers are excited at the prospect of accessing the new ‘Help to Buy’ scheme, but a property expert has warned that the risks may be greater than the rewards. Anthony Albanese’s victory in the 2022 federal...
Westpac believes the housing market downturn is now underway. An earlier and more aggressive interest rate tightening cycle has brought forward the downturn of Australia’s property market, according to Westpac’s latest housing pulse report. The bank suggested that the market had entered a “broad-based correction phase” in...
With higher interest rates on the horizon, the bank is forecasting larger house price declines than previously expected. ANZ has made a major revision to its house price forecasts for 2022 with a fall of 3 per cent now expected on average across the capital cities, down...
It’s not just about agreeing on a price when buying a property. The conditions of the offer are very important. They help protect both the buyer and the seller. Michael Sloan, from The Successful Investor, explains the finer points, so you don’t miss anything in...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.