Commercial development on the rise Despite residential building experiencing a slowdown, new data shows that commercial building approvals are seeing a sharp uptick. According to The Australian Bureau of Statistics (ABS), non-residential building approvals grew 39.8 per cent last month, well ahead of the residential results which recorded a 7.7 per cent improvement. Over the… Continue reading Commercial development on the rise
Smaller capitals the best-performed markets over 20 years Despite property experts focussing on the larger capital cities of Sydney and Melbourne, new research has found that it has been the smaller cities of Hobart, Adelaide and Canberra that have been the strongest-performing property markets over the past two decades. Property academic, Peter Koulizos, found that… Continue reading Smaller capitals the best-performed markets over 20 years
The dangers of buy now pay later for homebuyers Buy now, pay later services that allow consumers to make purchases and spread the cost of items over several interest-free instalments have grown in popularity over the past few years. However, for homebuyers, there might be risks that they are not aware of. When lenders assess… Continue reading The dangers of buy now pay later for homebuyers
Australia’s at increasing risk of mortgage stress Rising interest rates and the surging cost of living are putting more Australians under mortgage stress, according to a new report. PEXA’s Emerging Mortgage Risk report has found that families in certain locations around Australia are allocating 40-60% of their income to meet their home loan repayments –… Continue reading Australia’s at increasing risk of mortgage stress
Regional areas and high-end Sydney suburbs lead the bounce back in property prices Affordable regional areas and high-end Sydney suburbs dominate the list of suburbs bouncing back the fastest, according to CoreLogic. CoreLogic’s Property Pulse found that of the top 25 performing suburbs this quarter, 20 are located in regional Australia, spread across SA, VIC,… Continue reading Regional areas and high-end Sydney suburbs lead the bounce back in property prices
Four questions to ask before renewing your invoice finance contract Renewing your invoice finance contract is an important decision that can significantly impact your business’s cash flow. As your business grows, it’s essential to assess your different options to ensure they continue meeting your needs. Here are four questions to ask before renewing your invoice… Continue reading Four questions to ask before renewing your invoice finance contract
How to get finance when you’re self-employed Obtaining finance from a bank is often more difficult for the self-employed, than for borrowers who get a paycheque each week. Lenders typically require a significant amount of documentation and proof of income for self-employed borrowers, and their lack of a steady income can make it difficult. However,… Continue reading How to get finance when you’re self-employed
The pros and cons of buying off-the-plan Buying properties off-the-plan has become a popular way for home buyers and investors to purchase property. However, when buying a property that is yet to be built, there are some important considerations to think about before signing a contract. Here are some pros and cons to consider before… Continue reading The pros and cons of buying off-the-plan
Why you need to plan ahead to get a home loan Throughout our lives we all experience changes, including switching jobs, starting families, and buying things like new cars. However, when we make big life decisions, most people don’t think about the impact that could have on their ability to get a home loan or… Continue reading Why you need to plan ahead to get a home loan
Guide to Becoming a First Home Owner Buyer Buying your first home can be an overwhelming experience. From saving for a deposit to finding the right property, the process can be crushing. However, with the right guidance and knowledge, it can also be an exciting and rewarding journey. In this article, we will guide you… Continue reading Guide to Becoming a First Home Owner Buyer
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