Estate Planning

Split vs fixed rate mortgages Which is right for you

Split vs fixed-rate mortgages: Which is right for you?

With interest rates at record lows, it’s never been cheaper to take out a mortgage. Finder offers rates as low as 1.90 per cent, but you may be able to find even lower ones if you know where to look. But this low-rate market can make it hard to decide whether to stick to a variable loan…
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Boomed Why Aussies are feeling so good about the property market

‘Boomed’: Why Aussies are feeling so good about the property market

Australians all across the country are feeling “clear optimism” about the housing market, new data from Westpac has revealed. According to the latest Westpac-Melbourne Institute Index of Consumer Sentiment, the percentage of Aussies who feel it is ‘time to buy a dwelling’ rose by 10.6 per cent to a level not seen since September 2019. “Confidence in…
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Home improvements and overcapitalisation

Home improvements and overcapitalisation

According to the latest data from the Australian Bureau of Statistics*, when it comes to household wealth: 1. Owner-occupied dwellings are the largest asset held by households, representing a value of $500,600 when averaged across all households, and accounting for 42% of household assets. Super is the second-largest household asset overall, and the largest financial asset,…
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House prices expected to rebound in July 2021 – except in Melbourne

House prices expected to rebound in July 2021 – except in Melbourne

Economists from the Commonwealth Bank of Australia are feeling more positive about Australia’s property market and are now predicting a “solid recovery” in the second half of 2021. Former CBA forecasts from April predicted house prices would fall 10 per cent. But this figure has been revised upwards in light of the modest fall in…
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How to nail a renovation tips for planning and budgeting for a renovation

How to nail a renovation – tips for planning and budgeting for a renovation

The popularity of home renovation reality shows like The Block and The Renovators has encouraged more Australians to undertake their own renovations on their homes and investment properties. The benefits of a well-planned and executed renovation are both financial and personal. After all the hard work, it can be immensely gratifying to see your inspiration…
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Secrets to building a multi million dollar property portfolio

Secrets to building a multi-million dollar property portfolio

When property investor Vickie Sweeney was seven years’ old, she made a big statement. She told her mum that she didn’t want to be as poor as her. “I don’t even remember saying that, but obviously I had that in my head,” Sweeney told the Yahoo Finance Breakfast Club webinar on property investment. Unfortunately, the path to…
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The 64 000 question Shares or property in 2020

The $64,000 question: Shares or property in 2020?

“Shares or property” is the $64,000 question. Although perhaps we should call it the $640,000 question given how much a COVID economy has upped the economic ante. Both should be thought of as longer term investments. Property, very long term. Both have entry costs. Property’s are much higher, unless you can get first homebuyer concessions.…
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Growth stars’ Where house prices are set to boom in the pandemic

‘Growth stars’: Where house prices are set to boom in the pandemic

Property markets across Australia have taken a hit from the Covid-19 crisis – but in some areas, house prices are expected to shoot up because of the pandemic. Though national property prices slid 0.6 per cent in July, some regional areas in Victoria, Western Australia, Queensland and NSW have been earmarked to deliver price growth. According…
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Why Covid 19 could help you buy a house

Why Covid-19 could help you buy a house

Though the coronavirus crisis has wreaked havoc on the economy and Aussies’ personal finances, it could actually be a boon for housing affordability, according to an economist. Australia’s house prices have steadily increased in the last decade, driven by a growing population that wasn’t met with a sufficient supply of homes. “Prices were able to…
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