Posted in Building Wealth

If you think downsizing is a step backwards, think again. There are many reasons why downsizing has become a popular choice for homeowners, especially retirees. Let's take a look. 1. Less maintenance and upkeep While larger properties offer more space, they also require more cleaning, gardening and upkeep. For some, the time and money involved can be better spent elsewhere. This is especially applicable if the kids have left home and certain areas of the property are no longer bei...

Rentvesting has become increasingly popular in recent times. Last year, research from the Property Investment Professionals of Australia (PIPA) found that one third of first-time buyers opted to become 'rentvestors', rather than homeowners. Here's what you need to know before deciding whether rentvesting is right for you. But first, let's look at an age-old question. To rent or buy?
If you're wondering whether it's cheaper to rent or buy, the answer depend...

The busy Spring property season is just around the corner and you know what that means? Whether you're planning to buy or sell, NOW is the time to start getting organised. Here's how. Tips if you're planning to BUY this Spring: Get your finance sorted pronto There's no point starting the property hunt until you know how much you can comfortably afford. In the last few months lending criteria has changed. You may be surprised how much this has impacted your abili...

Here's an overview of what's involved if you're considering building a new home for the first time. What's your budget? The first step to building a home is deciding what you can afford to spend. When buying a home that's already built, determining how much money you need is quite straightforward. However, it's not so simple when building. Once you've finalised your budget you'll know if you need finance. We can help determine your borrowing capacity...

Great news for homeowners and property buyers this month. Home loan interest rates have fallen again. If you're in the market for a home or want to invest in property, now is a good time get pre-approval on a competitive home loan. Interest rate news At its July meeting, the Reserve Bank of Australia (RBA) decided to cut the official cash rate for the second month in a row, bringing it to just 1% p.a. a new historical low. Many analysts agree there will likely be at least one m...