investing in real estate
PEXA Property and Mortgage insights reports that buyers splashed out on Australian property, summing to a total of $688.7B. The value of sale settlements jumped nationally by $251.0B, being an increase of 57.3% on 2020.
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.
The RBA is keeping interest rates at the historically low of 0.1%, noting that the housing market has strengthened. Growth to owner occupiers had picked up, and strong demand from first home buyers. Research from CoreLogic showed that home prices soared at the fastest rate in 32 years in March. The bank will continue to […]
See it and Believe it…….. The Reserve Bank has reduced the official interest rate to a new historic low to 0.1%.
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 […]