Month: August 2017

Tips that could save you thousands on your home loan

Around 17 per cent of Australian mortgage holders are facing some level of mortgage stress, according to Roy Morgan research. Even if you’re comfortably meeting your repayments, some savings here and there won’t do any harm. If you could cut down your mortgage repayments, you might be able to afford more of life’s little extras – […]

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5 ways to save your mortgage deposit faster

Are you wondering how you’ll be able to scrape together a deposit for your first home? What with rent, bills, other expenses and any debts you’ve accumulated, it can be hard to imagine ever getting together the amount needed to secure your first property. However, if you begin implementing some simple saving strategies, you’ll be able […]

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Which of Australia’s capital cities have the most affordable mortgages?

Affordability is about more than just the price of a house. Monthly mortgage repayments and house price-to-income ratios also dictate how affordable a property is. In this post, we compare the cost of a mortgage in Australia’s capital cities. What is the average price of a mortgage in Australian cities? At the end of June 2017, CoreLogic […]

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Australian Taxation Office

New depreciation rules affect property investors

Changes to the way landlords can claim tax-deductible expenses related to their investment property were introduced on 1 July. The changes mean property investors can no longer claim a tax deduction by depreciating plant and equipment assets – which are the easily-removable and mechanical fixtures and fittings on the asset – for properties that exchanged […]

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The nation’s capital is hot now!

While the average August temperature in Canberra is a mere 13.5 degrees Celsius, the property market could be heating up. CommSec’s latest State of the States report, which analyses indicators over eight key economic areas, shows us that the Australian Capital Territory has the highest home lending rates in the country. This is positive news […]

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property negotiation meeting

RBA takes a more positive stance

The housing market remained a focus for the Reserve Bank of Australia (RBA) in its most recent meeting minutes. Mixed conditions perpetuate across the nation in different housing markets. But the central bank also noted economic conditions were improving. In the minutes, the board noted there had been a drop in residential real estate investments […]

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How do construction loans work?

Aussies love to build and renovate houses. If you’ve been inspired by The Block and want to build your own home, the type of home loan that you’ll need will differ from those buying existing properties. On the surface, construction loans can look a bit complicated, but we’re here to simplify them for you! How does a […]

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