Entries by admin

How prepared are you for your property purchase?

A combination of factors are behind the movement in the Sydney property market, including: Investors and those looking for interest-only loans finding it more difficult to get finance, as banks have tightened their lending criteria due to pressure from regulators, Tougher restrictions being imposed on foreign buyers by the government, Rising levels of housing supply, […]

How prepared are you for your property purchase?

Eighteen per cent of Australian bidders have failed to get pre-approved finance prior to attending an auction, a new study has revealed. According to a recent YouGov Galaxy poll, nearly one in five adults in Australia failed to secure finance before buying at auction. Given it takes time to seek and be granted pre-approval it […]

Is your loan structured correctly?

The Reserve Bank has left the official cash interest rate on hold at 1.5 per cent for the 20th month in a row. It is “universally anticipated” that the RBA won’t move on rates in the immediate future. Most economists only expect one rate rise this year and 10 out of 24 analysts expect rates […]

Location, Location, Location

Sydney has the nation’s most evenly distributed new apartment market – putting it at less risk of inner-city oversupply – according to the 2018 UDIA State of the Land Report. Just over a fifth of new Sydney unit completions (apartments, townhouses and terraces) were within five kilometres of the city centre in 2017 compared with […]

Property Investment – Timing is everything

The market waits for no one. It will go up or down with or without you as an investor. An experienced independent advisor will ensure you won’t buy the wrong asset, wait too long or pay too much. Whilst it may seem like you’re paying more upfront, having professional advice in the early stages, will […]

Housing investor loan cap ‘reaching end of useful life’: APRA

The banking regulator has signalled it could ditch its 10 per cent cap on lending to property investors as the measure is “probably reaching the end of its useful life”. Smaller lenders have criticised the 10 per cent cap for holding back competition. The marketplace would welcome APRA addressing the cap’s current settings in order […]

Competition heats up among lenders for first home buyers and investors

Softer conditions in home lending are prompting the country’s banks, whose loan portfolios are dominated by residential mortgages, to target growth opportunities in specific customer segments, including property investors and first home buyers. Under the Australian Prudential Regulation Authority’s rules to dampen the housing market, no more than 30 per cent of new bank home […]

Getting started in property investment

Some people get overwhelmed when considering a property investment and quit before they even begin. Reality is, property investing is relatively straightforward, especially when you partner with the right professional. What does success look like to you? Property investors generally invest in property to secure their financial future or to be free to do what […]