Although it may come as a surprise to many, recent data released by the AFR showed that for the majority of first home buyers, it is cheaper to buy than rent. A survey of 1500 first home buyers revealed that 42% of buyers pay less on their mortgage than it would cost them to rent, with 26% of sur...
On 5 April, RBA decided to keep the record low cash rate at 0.1%. At the same time, petrol prices in Australia are skyrocketing due to Russia-Ukraine War. Many people believe that RBA will increase cash rate and further affect other interest rates to curb inflation. So what is the underlying rela...
Throughout the years, houses and apartments are the main property investment types for many investors in Australia. They all have their advantages in terms of investing and living. Houses are traditional investment types. They tend to have higher capital growth as land usually appreciates...
Personally for me, one of the biggest attractions to property as an asset class was a means to an end, build up a portfolio and “Passive Income” stream that would eventually replace my income. Most I talk to initially sit in the same boat, not wanting to purely rely on a pension or super heading...
Every second headline is saying something different about the property market right now, but here’s my top 10 reasons on why it isn’t currently “Crashing”: 1. There’s an additional $321 billion in the Australian economy since pre-pandemic. 2. No APRA changes to lending regulations. 3. RBA are ...
