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Not sure what refinancing is all about? You’re not alone. Our quick explainer lets you master the basics and helps you work out how much you could save. Home loan refinancing is a hot topic right now. Ever since interest rates hit an upward trajectory in May 2022, skyrocketing numbers of homeowners – as many as...
Though the stories of cost of living struggles continue to ring out across Sydney, last month’s $51M property sale in Bondi stands in contrast to that. House prices in Australia are on track to hit a new record high, with Sydney’s current median reaching $1,110,660, which is $333,944 more than Melbourne, the city with the...
Another month, another round of price upticks. September marked the eighth consecutive month of home price growth, with CoreLogic saying property values nationally are up 6.6% since January. That’s a solid price hike. The crazy thing is that prices are soaring despite a whole slew of interest rate hikes over the past 18 months. So what’s pushing...
Small businesses (with an aggregated annual turnover of less than $50 million) can deduct an additional 20% of the expenditure incurred for the purposes of business digital operations or digitising its operations on business expenses and depreciating assets such as portable payment devices, cyber security systems or subscriptions to cloud based services. An annual $100,000...
For many of us, buying a house on its own block of land is the ‘great Australian dream’. While plenty of people achieve this goal, our property journey is often book-ended by apartment living. For first home buyers, units can be an affordable choice, costing around 30% less than houses according to CoreLogic. Then, as we...
The NSW Treasurer, Daniel Mookhey handed down Labor’s first Budget in 12 years on 19 September 2023. Significant changes have been made to the NSW State taxes. The expected tax revenue for NSW over the next four years till 2025-27 will rise by $17.6 billion. Since the 2023 pre-election budget update, all estimates were revised...
Sydney is the most expensive major city in Australia for housing and utilities, costing around 36% more to live here than Melbourne. Worldwide, it’s ranked in the top 5 most expensive property markets, in costly company with Hong Kong, Vancouver, Hawaii, and Los Angeles. But while many find themselves priced out of Sydney’s sought-after-suburbs, there...
No change to the cash rate again this month, but lenders’ mortgage rates have been jumping around more than a bunch of toddlers at a Wiggles concert. We reveal the current average rates to see how your loan compares. Home owners are celebrating the official cash rate staying on hold for several months. But behind...
In the immortal words of Chumbawamba, “I get knocked down, but I get up again.” Encouraging words in the context of a night at the pub, but when it comes to property, is it such a good idea? While knock-down, re-builds can prove profitable, it’s worth weighing the pros and cons before you bite off...
It’s been three years since the First Home Loan Deposit Scheme was launched, and while it’s known today as the Home Guarantee Scheme (HGS), it’s still helping first home buyers get into the market with just a 5% deposit and no lenders’ mortgage insurance (LMI). The HGS attracted criticism from some circles – some pundits...
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2026 Quantiphy – Eastern Suburbs, Sydney. All Right Reserved. Website By Omni Online
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