It’s the beginning of a new year and now is the time when the so called “experts” make their property market predictions for the year ahead. 2019 went from freefall to boom in just a few short months, find out why below and keep reading for what to expect in 2020. Just as the slump […]
Whether you’re cashed-up and looking at the most expensive suburb in Australia (Vaucluse in Sydney), seeking the ultimate bargain (Elizabeth Downs near Adelaide) OR somewhere in between, here at Divits Finance we can help you get your head and finances around everything. And save you mountains of time, money and stress along the way. Contact […]
More property buyers, continuing low volumes of supply and higher clearance rates are pushing bidders into adopting much more aggressive strategies at auction in order to win the homes of their dreams. Auctioneers report a surge in the number of buyers now jumping in quickly with strong first bids – sometimes even over the vendor’s […]
It’s been a few weeks since the mortgage broking industry had the biggest storm of #adversity hit since the GFC in 2008. Here’s my take; 9 of the 76 Royal Commission report recommendations have a direct impact on the mortgage broking industry, in particular they have made recommendations on the way we get remunerated. Whilst […]
2018 has been full of ups and downs in our industry, but rather than focusing on the doom and gloom we thought we’d stay positive, and prove our worth as Mortgage Brokers, by sharing our knowledge around the changes the banks have been making over the last year and how it will affect your experience […]
What do the pro’s look for in a high-performing investment property? Following our Viva BrisVegas blog we’re breaking down the business of Property Investing into 10 bitsized chunks. Selecting the best investment property is going to depend a lot on your budget, individual circumstances, and overall strategy. However, there are some key fundamentals that many […]
Where can I buy a solid property investment for under $500k? Continuing on from our last blog post, we established that there are still some great benefits to buying well in the current market. Being open to markets outside of Sydney can mean the difference between keeping up momentum with your wealth creation plans, or, […]
Are you concerned about the current state of the property market and where it’s heading? You’re not the only one… Over the coming weeks we will shed some light on where the best value is (in the current market) and serve a good reminder of the benefits of what fundamentally sound property investing can do […]
We usually try to avoid looking into our spending habits (it’s not a pretty picture) BUT if you’re getting serious about purchasing your first home it’s probably time to take stock. Australia’s median house price is $809,200 and in an ideal world, before getting a mortgage, you would at least have a 10 % deposit […]
Despite the Reserve Bank of Australia (RBA) keeping a record low interest rate of 1.5% for the last 25 consecutive months & Westpac recording a $5.4 billion profit last year. Westpac announced that they are increasing their variable interest rates by 0.14% p.a. On a $500k loan this is going to increase your repayment by approx. $700 p.a. This is […]
