The NSW Government is launching a shared equity scheme for eligible participants, paying a proportion of the property purchase price in exchange for equivalent ownership share of the property.  No repayments will be required on the equity contribution, no rent, no interest charged whilst remaining eligible for the scheme.  Voluntary reparents can be made to […]

Trying to get into any property area is difficult for First Home Owners, but the Central Coast has always proved to be an affordable option, especially when building in a new estate like Yeramba’s Hamlyn Grove. Adding the attraction of brand new home with personal choices, it makes an enticing option. However, finance for new […]

In our Yeramba posts we look for insight to help in the quest for the perfect home, the best location for land, or tips to navigate the journey to purchase in the lovely Central Coast, Lake Macquarie or the Hunter regions. But today I found a great story from Michael Yardney, so worth sharing as […]

You can really only purchase what is available for sale! One of the major reasons why transaction volumes remain so low in our area is because there is very little actually available for sale. What becomes quite clear from the data is that when values are declining, sales volumes typically fall and increasing values typically […]

Tighter lending standards introduced after the Royal Commission have put banks under the spotlight. This, as well as efforts by the Australian Prudential Regulation Authority (APRA) to slow growth to investment lending, have made it difficult for borrowers to get a home loan. This crackdown is in place to reduce the likelihood of customers defaulting […]

Do you want to have greater input into the design of your home? Then building a new home – one that will suit the needs of you and your family – is the way to go! However, before you start drafting up plans, you’ll need some dirt to put it on. It’s time to buy […]

When prices are low first home buyers, and even second home buyers, will find they get better value and their money will go a lot further than it would have 12 months ago. It’s clear that now is a good the time for home buyers to secure their future home; however it won’t last long. […]

Central Coast water bills will fall by up to 33 per cent for some residents – a saving of up to $355 – after the pricing regulator released its final report. The Independent Pricing and Regulatory Tribunal (IPART) released its report on the maximum prices Central Coast Council can charge for water, sewerage and stormwater […]

With the election over, there is no longer a black cloud over negative gearing and Capital Gains tax. In addition, APRA is considering lowering their assessment rate which stands currently at 7.25% – finally common sense prevails!  With current  rates around 3.99%, the gap is too wide to be sensible. There is also strong comment […]