Smartline Blog

Follow our Smartline blog for up to date latest Australian finance and property news.

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 […]

read more
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 […]

read more

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 […]

read more
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 […]

read more

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 […]

read more

The upside of downsizing

Once the kids have moved out and you’ve recovered – emotionally and financially – you might consider downsizing. For some, the sentimental aspect and the physical strain of moving is too big a hurdle. Financially, however, there can be many benefits. Downsizing usually releases some equity which you can use to pay for retirement living […]

read more

Where is renting most common? by CoreLogic

The 2016 Census data provides the opportunity to look at the areas across the nation which have had the highest proportion of rental properties. The 2016 Census showed that 30.9% of residential properties nationally were rented.  The proportion of properties rented has been trending higher, increasing from 29.6% at the time of the 2011 Census […]

read more

What is lenders’ mortgage insurance?

There are numerous costs involved in taking out a home loan. Lenders’ mortgage insurance (LMI) is one fee associated with home loans that won’t apply to every home buyer, but it’s important to know about it if you’re considering taking out a home loan in the near future. What is lenders’ mortgage insurance? LMI is insurance that is […]

read more

Client stories:

When Ivan Marsic and his wife Tanja Brinkman decided they wanted to knock down their house and build a duplex, they didn’t expect to have any problems securing a loan to build the new property. The house had been fully paid off, and Ivan had been with the same bank since primary school. They also […] read more
Having a great mortgage broker can really help ease the stress and strain that comes with buying a property – particularly when you’re doing it solo. Getting back into the property market was a priority for Belinda Fellows, after she had separated from her partner and they had sold the property they had together. “I’d […] read more
It was Christmas Eve 2015 and Elly Marie and her husband Nic were busy with their new baby and planning their upcoming wedding in February.  On a whim, they decided to put an offer on a unit – another investment property – which they didn’t think would be accepted. It was. With no finance preapproval, […] read more

Stay Connected

Sign up to our newsletter

X
- Enter Your Location -
- or -