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The phrase “smashed avocado” in Australia has become a recurring theme in the debate about housing affordability and has evolved to symbolize inter-generational tensions around the cost of housing. Ever since demographer Bernard Salt wrote, in a wry newspaper column, that he had seen “young people order smashed avocado with crumbled feta on five-grain toasted […]

The end of the financial year/new financial year is the perfect time to take stock, assess your current situation and plan for the year ahead. To help you along we’ve come up with 5 top tips to help you achieve your financial goals:- Self-Employed – Read this before you submit your tax return! Tax planning

So… your loan application was declined and you think that owning your own home/investment property is just a long lost dream? Think again… Now more than ever banks are tightening up their policies and delving deeper into your financial situation BUT as experienced Mortgage Brokers we understand that everyone’s situation different and we use our

Have you been slacking? Missing loan, credit card or utility bill payments? With the introduction of Comprehensive Credit Reporting (or CCR for short) it is more important than ever to make your repayments on time. CCR was introduced in July 2018 and is a system whereby lenders share more of your data with credit bureaus such

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

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

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,

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

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

There’s a lot of debate over whether it’s better to buy established or brand-new property. The answer is, it really depends on your situation. For investors looking for a more “set and forget” strategy – as opposed to creating sweat equity through a value-add renovation – there are some great upsides to adding a ‘brand-new’