What can vacancy rates tell you about a potential property?

Before you buy investment properties in Australia, you may want to take a look at vacancy rates. These stats can tell you your potential to make a profit. As you prepare to buy an investment property in Australia for the first time, you’ll want to spend hours poring over facts and figures to determine where […]

The Impact of Seasonal Trends on the Real Estate Market

The real estate market is influenced by various factors, and seasonal trends play a significant role in shaping market dynamics. Here’s a look at how seasonal trends impact the real estate market and what you should consider during this time of year. 1. Reduced Inventory One of the most noticeable trends during the holiday season […]

Should You Refinance Your Home Loan? Wollongong’s Mortgage Brokers Explain

The holiday season is a perfect time to reflect on your goals and make plans for the future. If buying a home is on your agenda for 2024, now is the time to start preparing. Creating a homebuying plan can help you stay organised, focused, and ready to take on the market with confidence. Here’s […]

Is Your Bank Taking Your Loyalty for Granted?

As 2025 approaches, it’s time to reassess your relationship with your bank. Many loyal customers are finding that traditional banks often prioritise new clients over long-standing ones, offering better rates and perks to attract fresh business while neglecting their existing customers. Hidden Costs of Loyalty Loyalty to your bank might be costing you more than […]

Buying Your First Home in Australia

Purchasing your first home in Australia is exciting but can be complex. Here’s a streamlined guide to understanding deposits, Loan-to-Value Ratio (LVR), and hidden costs. Deposits A standard deposit is typically 20% of the property’s purchase price. However, deposits can be as low as 5-10%, though this may incur Lenders Mortgage Insurance (LMI). Loan-to-Value Ratio […]

The Truth About Deposit Size

Many homebuyers believe that a 20% deposit is necessary to secure a home loan, but this isn’t always the case. While a larger deposit has its benefits, such as lower monthly repayments and avoiding Lenders Mortgage Insurance (LMI), it’s not a strict requirement. Smaller Deposits: A Viable Option Lenders now offer home loans with deposits […]

Negative Gearing Explained – How It Works and Why Investors Use It

Negative gearing is a common investment strategy in Australia, particularly in real estate. Here’s a quick guide to understanding how it works and why investors opt for it. What is Negative Gearing? Negative gearing occurs when the costs of owning and managing an investment property exceed the rental income it generates, resulting in a financial […]