Whether you’re a first home buyer or a seasoned property investor, it’s important to choose the right loan for your needs.

When choosing a variable-rate loan, remember that the right loan will offer a combination of flexibility and convenience as well as competitive rates and fees. Of course, everyone has different needs and specific financial goals.

Read the full article from realestate.com.au to find out more.

Speak to … Read more »

Investing in property is one of the best strategies for building wealth. While there is no definitive right and wrong approach, there are a few things you should consider before investing in a property to minimise risk and maximise your returns.

Infrastructure

Infrastructure such as roads, bridges, telecommunications, transport access, and amenities can impact on the value of a potential investment. A location with sound infrastructure is likely to offer more predictable … Read more »

Over the last four years the number of investment property loans in Australia has grown by 37% compared to an increase of only 4% in the number of owner occupied loans.

Check out the latest findings from the Roy Morgan Research Consumer Single Source survey of approximately 45,000 people per annum thanks to Announcer.

Investors

The survey reported that the 35 to 64 age group accounted for 78% of the … Read more »

Announcer considers the pros and cons.

I’m confused – my bank teller is telling me to transfer my savings onto my mortgage but you are encouraging me to leave the money in my offset account. Isn’t the end result the same? Why am I being told something different from the bank?

Great question!

Besides the obvious answer that the banks would prefer the security of having your savings paying off the money they … Read more »

After being at record lows for some time, interest rates may soon be back on the rise with Westpac, Commonwealth Bank, NAB and ANZ increasing their rates for all mortgage holders.

Mortgage holders may find themselves with mortgages that cost more than expected but there are some things you can do to ready yourself when rates rise, such as refinancing, budgeting and insurances.

Read the full article at domain.com.au

Considering refinancing? Talk … Read more »

No investment is risk free, so the more you know about the less glamorous aspects of being a property owner, the more likely you are to recover if things go wrong.

Understanding how to manage the various risks associated with being a landlord enables you to make the most of your portfolio.

If you’re prepared for all outcomes, small bumps in the road won’t knock you out of the game. Lisa Indge shares her … Read more »

The buy-and-hold property investment strategy is the most commonly used among Australian investors due to its simplicity, passive nature and reduced risk compared to other strategies.

Adam Grocke at Smart Property Investment explains the investment strategy.

A buy-and-hold property investment strategy requires less investment knowledge, less risk and less deposit, making it a great entry level investment. The key to this strategy is to simply purchase a property and retain it until you have … Read more »

When investing in property there are various different loan types that you can come across including fixed term loans, variable-rate loans as well as being able to use an offset account. An offset account has the potential to save you thousands or even hundreds of thousands of dollars during your mortgage lifetime. So what exactly is it and how can you use it? Alex Goldhagen from iBuyNew explains.

What is … Read more »

Many investors believe renovation projects are the best way to increase their rental returns. Yet simple DIY improvements can also push up the rent you receive at a fraction of the cost. Industry experts reveal their top tips for higher rental rewards in an article in Smart Property Investment.

1. Scope out the competition

Before embarking on a home improvement mission, investors need to understand how their property measures up to those of their … Read more »

When it comes to investing in property, you might have come across the term ‘negative gearing’, but do you fully understand what negative gearing actually is? Mark Mendell at iBuyNew discusses his thoughts.

What is negative gearing?

Negative gearing is where your rental income from your rental tenants is not enough to cover your mortgage repayments and other associated property costs, like property management fees so you end up making a loss. In order to … Read more »