Investors commit $9.72 billion of home loans…
Every state has recorded a rise in property investor borrowing over the past year, with Western Australia leading the way. Throughout Australia, investors took out $9.72 billion of home loans in November 2023, which was 18.0% higher than the year before, according to the most recent data from the Australian Bureau of Statistics. Looking at […]
National property prices rose 8.1% last year…
Australia’s median property price reached a record $757,746 at the end of 2023, after another year of growth. The median price rose 3.0% during the pandemic year of 2020, surged 24.5% in 2021, contracted 4.9% in 2022 and then climbed another 8.1% in 2023, according to CoreLogic. The median price for the combined capitals ended […]
Home building approvals trending higher…
More owners and developers are planning to construct new homes and renovate existing properties, according to the latest home building approvals data. In January 2023, only 12,185 building approvals were issued. But after trending higher throughout the year, the number of approvals reached 14,529 in November, an increase of 19.2%. Please contact me before you […]
How to budget better in 2024…
How to budget better in 2024… Becoming a better budgeter can help you save more, invest more and get ahead on your home loan. To stay on top of your finances, there are two broad approaches you can take. The first is to plan how much you’ll spend on each category (groceries, entertainment, etc) each […]
Your Must-Have: Checklist for Buying Your First Home in Australia
Planning to buy your first home in Australia? While this is undoubtedly an exciting journey, it can also be complex and challenging at the same time. That’s why we have prepared this comprehensive first home buyers checklist for you. This guide is designed to simplify the myriad of tasks and decisions you’ll face, helping make […]
Renting vs. Buying: Making the Right Financial Choice for First-Time Home Buyers in Australia
The decision between renting and buying a home is a pivotal financial crossroads for many Australians, especially for first-time home buyers. In 2024, this choice remains as significant as ever, shaped by a dynamic real estate market and evolving personal financial circumstances. Understanding the nuances of each option is crucial in making a decision that […]
Understanding the Small Business Loan Application Process in Australia
Navigating the world of business finance can be daunting, especially when it comes to securing a loan for your small business in Australia. Understanding the application process for business loans is crucial in securing the funds needed to grow, innovate, or simply keep your business running smoothly. This guide aims to demystify the process of […]