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Market Essentials – February 2021

Market Essentials – February 2021

As we enter 2021, the real estate sector, predicted to crash and burn in 2020, is stronger than ever. Despite the ‘mortgage-holiday’ expiring in March 2021, experts predict that demand will remain at elevated levels, with more investors expected to return to the market.

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Market Essentials – December 2020

Market Essentials – December 2020

On December 1, 2020, with almost all state borders reopening, the real estate rebound is expected to continue. While experts predicted doom and gloom for the market throughout this unprecedented year, it seems that nothing can stop the real estate juggernaut as 2020 draws to a close.

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Why would you want to add a granny flat to your property?

Why would you want to add a granny flat to your property?

The main benefits to having a granny flat on your property: You can increase the value of your propertyYou can earn a rental income while also living in the main propertyYou can provide a place for a loved one to live if they need a place, or if you want them to be...

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How the Budget is helping the property market move again

How the Budget is helping the property market move again

The 2020 Federal Budget announced a range of economic measures to help support individuals and businesses through the COVID-19 downturn. It also includes some initiatives that could be helpful if you want to buy your first home, build a granny flat or put money aside...

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Market Essentials – November 2020

Market Essentials – November 2020

The September quarter saw auction volumes increase across all capital cities. Auction clearance rates also increased, and this trend has continued into October. According to the RBA in its latest financial stability review, October was the month where most mortgage deferrals were due to expire. by the RBA may help bring relief to some borrowers as rates continue to fall to all time lows.

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Loan deferrals and getting your loan back on track

Loan deferrals and getting your loan back on track

When COVID-19 struck, banks gave eligible customers an option to pause their repayments for six months from March, due to the volatile economic climate. Hundreds of thousands of Aussies took up the offer. Home loan deferrals were due to end in September, but banks...

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How to boost your borrowing power when buying your first home

How to boost your borrowing power when buying your first home

Your borrowing capacity is the amount a bank will lend you to buy a home. It’s based on factors like your income, how much deposit you’ve saved, other existing debts, and your living expenses. Check your current commitments Lenders will generally look at your monthly...

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Market Essentials – October 2020

Market Essentials – October 2020

Despite phase one of the Federal Government’s Covid-19 stimulus coming to an end this month, there’s been a positive turn in housing market sentiment. Consumer confidence has increased, and according to Core Logic, new listings rose, with six of the eight capital...

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