Educate Me

Is it the right time to refinance an investment property?

Loan refinancing is a strategy used by property investors to access funds – usually to grow or improve the value of their property portfolio. The right time to do it largely depends on your strategy, plans and equity. In this article, we highlight some of…

Easing financial pressures: loan deferrals, refinancing and more

When COVID-19 struck, banks gave eligible customers an option to pause their repayments for six months from March, due to the volatile economic climate. Hundreds of thousands of Aussies took up the offer. Home loan deferrals were due to end in September, but banks announced…

Home loan formal approval process and terminology explained

There’s nothing like being formally approved by a lender for a home loan. It’s your green light to buy the property you have your heart set on. Borrowers who have taken the necessary steps in the pre-application phase will be in a strong position to secure the…

Where are Australia’s most affordable homes?

Everyone wants a property bargain, right? Well, there’s a big difference between a bargain and a home that’s just cheap. For example, Andamooka in South Australia was declared Australia’s cheapest suburb in 2018 – the average house price is just $34,625. The reason why –…

Home Buyers Protection: which one is right for you?

2020 has been quite an eventful year so far… and unfortunately not for the right reasons. From the bushfires, the COVID-19 pandemic, and now the economic challenges, it’s been mentally and emotionally exhausting for many Australians. During challenging times, we all desire for the peace…

6 negotiation tactics for spring property buyers

Interest rates remain at a record low currently, and the property market is expected to heat up as we enter spring despite the economic challenges due to the pandemic. Listings are currently lower compared to last year, which means as a buyer there may be…

Spring Property Outlook 2020

Spring is almost upon us and ordinarily that would mean the busiest time of year in real estate. But 2020 has been far from ordinary due to the COVID-19 pandemic. While Australia’s property prices have held up relatively well amidst the coronavirus crisis, the longer-term…

HomeBuilder grant: What you need to know

If you’re looking to buy your first home, considering your next home or maybe looking to renovate, then you might be interested in learning more about the $25,000 HomeBuilder grant. The HomeBuilder scheme is a tax-free grant program that is designed to help eligible owner-occupier…

Are you eligible for the Homebuilder Grant?

Good news if you are wanting to build a new home or renovate an existing one! The Australian government has just announced a HomeBuilder scheme that will provide eligible owner-occupiers (including first home buyers) with a tax-free grant of $25,000. To access this grant, owner-occupiers need…

EOFY: Why property investors love tax time

Don’t you just love getting a tax refund? Whilst nobody enjoys all the paperwork that goes with filing a tax return, getting it right can be rewarding particularly if you’re a property investor. One of the major benefits of investing in property over other asset…

Pre-tax time checklist for property investors

Tax time is approaching again! Was that a groan? We understand. If you’re like most property investors, trawling through receipt upon receipt to tally up your allowable deductions is probably not your idea of fun. So, as tax time looms, we wanted to share our…

Pre-Tax Checklist – Investors

Amid all the recent change it is hard to believe that tax time is approaching again! Was that a groan? We understand and we can help. If you’re like most property investors, trawling through receipt upon receipt to tally up your allowable deductions is probably not your…

A homeowners guide to refinancing

With a home loan it’s easy to just ‘set and forget’. But it’s sensible to review your home loan every two to three years or so. We’re living in a world of rapid change, where interest rates can go up and down, new lenders emerge…

Countdown to settlement day: what you need to know

You’ve found your dream property, had your offer accepted, and now there’s just one last yet  very important milestone to achieve – settlement day. The anticipation has been building for weeks! Are you ready for the big day? Settlement day can be both exciting and…

5 key steps to successful property management for new landlords

An investment property is a business, so it is important to manage it properly in order to achieve financial success. One of the first decisions you’ll need to make is whether to manage it yourself or hire a property manager. If you’re the hands-on type…