The Government announced to do more to help ease entry barriers, putting home ownership in reach for more Australian’s. Key Points: The Government will be expanding the Home Guarantee Scheme for eligible home buyers to 50,000 places per year; New Home Guarantee will run for a second year, enabling first home purchasers to build a […]
Few key factors to consider…… Purchase price and affordability is a major factor when buying an investment property. Know whether your investment property will accumulate neutral or positive cashflow. Less income spent potentially allows for the property portfolio to build and grow faster. Location…..whether purchasing your investment property city base or regional, consider an area […]
Despite lockdowns, property market activities and prices continue to climb. Property listed are seeing record views with buyers moving fast in order to be successful. Buyer demand for property remains strong and is continuing to push prices higher. Investors are responsible for the growing demand, with First Home Buyers winding back.
The slightest variance in interest rates can make a difference, in thousands of dollars over the life of a home loan. Compare mortgage rates and keep tabs on whether interest rates are trending up or down. With competitive rates and affordable payment terms looking for the best interest rates may save you money.
Reminder that as from the 1st August 2021, thresholds will revert to the previous parameters: New Homes valued less than $650,000, full exemption from transfer duty applies New Homes valued between $650,000 and $800,000, concessional rate of duty applies Vacant Land valued less than $350,000 full exemption from transfer duty Vacant Land valued between $350,000 […]
Proposed changes to Stamp Duty, may provide freedom to choose paying Stamp Duty upfront or paying a smaller annual property tax. Removing the upfront Stamp Duty cost, removes thousands of dollars from the home purchase process making home ownership more achievable. This proposed change is only if purchasing. There is no change if you have […]
The Reserve Bank has left the office interest rate on hold at the historic low of 0.25%. This now marks the seventh month in a row without a change! This decision means that the interest rate on loans remains stable assisting households and businesses.
NSW State Premier announced that as from the 1st August 2020, stamp duty tax would be temporarily paused for new homes priced under $800,000 for first home buyers. The NSW Government expects around 6000 first home buyers to benefit from the plan designed to support the construction industry and generate new jobs through the Coronavirus […]
Dear valued customers, Yeramba Estates and its associated companies is committed to the health and wellbeing of our people, clients and consultants. Just like other crises, the current COVID-19 situation will eventually pass. We are not saying that we should not all be careful nor cognisant of the risks caused by this virus. Nor are […]