The NSW Government has passed legislation making the changes to provide First Home Buyers with the choice of either paying a lump sum transfer (Stamp Duty) or an annual property tax on purchasing a property up to $1.5 million. The initiative lowers the up-front costs associated with purchasing a home and is intended to boost […]

Selling your property can be an exciting time but if you are not sure where to begin, sometimes emotions can take over and make the process feel complicated and some-what stressful. A good start point to make a property move is knowing what the market looks like.  This will help you understand what you can […]

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 […]

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.

See it and Believe it…….. The Reserve Bank has reduced the official interest rate to a new historic low to 0.1%.

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 […]