Financing Your Home Renovation: Smart Options for Aussie Homeowners

Whether it’s adding a pool for the summer heat or building a granny flat for gran, renovations can add both monetary and practical value to your home. However, these improvements come at a cost and can be quite expensive unless you have a large amount of cash on hand. Choosing the right finance option can […]

Why Wait if Variable Rates are Already Falling

It’s no secret that many Australians are eagerly anticipating a rate cut from the Reserve Bank of Australia (RBA). While this may make for a happy new year, February might seem a long way off—especially if you’re sweating on that rate cut (and remember, there are no guarantees). But here’s the good news: you may […]

Saving up to buy a home is a serious long-term process

If you want to become a homeowner in Australia today, it is not going to be cheap. Preparing to own a home is a long-term process. It involves assessing your finances honestly, mapping out a realistic budget and spending years making a genuine commitment to saving. Are you ready for that? If not, you may […]

Avoiding risky investment schemes when going into real estate

Investing in property can be a great way to bolster your wealth and leave a little something extra behind for your family. If you have some money saved up already, a great way to build upon it is to buy real estate, rent it out and collect payments over the years that should only increase […]

Saving as much as possible to make a deposit on a home

If you’re planning to buy a home, the golden rule is to save as much as possible to make a deposit. Nowadays, it’s more challenging than ever to do so. In Australia in recent years, we’ve witnessed a troubling pair of economic trends – the price of a house in many major metropolitan areas is […]

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 […]