70% of home buyers turned to a mortgage broker last quarter The move towards mortgage brokers and away from direct lenders by borrowers is continuing to increase, with new data showing that mortgage brokers accounted for nearly 70% of the market share last quarter. The data from the Mortgage & Finance Association of Australia (MFAA)… Continue reading 70% of home buyers turned to a mortgage broker last quarter
Property market confidence returns with inspection numbers up 78% Despite rising interest rates, homebuyers are returning to the property market, with inspection attendance numbers jumping 78% over the past fortnight according to recent data. Upside Realty found a significant increase in open home attendance across Victoria, New South Wales and Queensland. This rise in numbers… Continue reading Property market confidence returns with inspection numbers up 78%
5 EOFY tax tips for property investors The end of the financial year is always a busy time for property investors, however, with the right preparation and understanding, you can make the most of your available deductions. Here are five tax considerations for property investors as we head towards June 30. Maintain detailed records A… Continue reading 5 EOFY tax tips for property investors
Using asset finance for your medical or dental practice Establishing a medical or dental practice is a big undertaking. One of the main hurdles is the high cost of the sophisticated equipment that’s needed to get started. One of the most effective ways to purchase specialised medical equipment is with the help of asset finance.… Continue reading Using asset finance for your medical or dental practice
Office rents continue to increase across the country Demand for office space is slowly starting to recover, with a new report showing Sydney, Brisbane, Adelaide and Perth rents are moving higher. According to Cushman & Wakefield’s quarterly Office MarketBeat, higher-quality supply, steady tenant demand and the impact of inflation have seen office rents increase over… Continue reading Office rents continue to increase across the country
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
