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Fixed rates tumble: a sign of things to come?

While about 4-in-5 Australian households are currently on a variable-rate mortgage, fixed-rate home loans shouldn’t be overlooked. Locking into a fixed rate can offer several advantages, including certainty of repayments – which may make budgeting easier – as well as protection from possible rate hikes during the fixed term. Right now, the direction of fixed rates...

Does your job come with home loan perks?

One of the first things a lender will look at when you apply for a home loan is your ability to manage repayments. And for most of us, that comes down to having a job that pays a regular income. However, not all jobs – and types of income – are treated in the same...

How much has your home’s value risen by?

We’ve all heard the rule of thumb about property being a long-term investment. Well, get this: many home owners have seen the value of their property quintuple within the timeframe of a typical 30-year mortgage. Ask any long-term home owner what they originally paid for their property, and chances are they’ll respond with an eye-wateringly...

Property market set to blossom this spring

The sun is out – and so are the buyers! Spring is traditionally a peak period for property, and there’s a good reason why spring 2024 is shaping up to be a bumper season. Here’s how to prepare if you’re planning to buy in the weeks ahead. At last! It’s time to pack away the...

How to buy an investment property using your home’s equity

We all have a few financial goals. And right now, investing in a rental property is one of the more popular investment goals among Australians. In fact, more than one-in-five Australians (21%) aspire to own investment properties to build their wealth, according to MLC’s Financial Freedom report. And interestingly, this percentage increases to 27% for Gen...

Inflation Eases Pressure on Rate Hikes: What This Means for You

The latest inflation figures have brought some much-needed respite for homebuyers and homeowners alike. The Reserve Bank of Australia (RBA) has been closely monitoring inflation trends, and the recent data indicates that while inflation remains sticky, it’s not high enough to necessitate an immediate rate hike. Understanding the Current Inflation Landscape According to the Australian...

7 of the most expensive homes for sale in the world

You’ve heard about 1 Euro homes and $10K Japanese akiyas, but what about the other end of the spectrum? Who’s splashing money instead of saving it, and on what? Sydney’s property market isn’t the only one in flux, as inflation and high-interest rates create chaos worldwide. While many of us might look at the state...

Median house prices vs average income: How Sydney’s lack of affordability compares to the rest of the world

If you’re reading this from somewhere in Sydney, you’re reading this from the second least affordable housing market in the English-speaking world. But hey, we’re also home to the most Instagrammable restaurant in the world, so there’s that. Demographia’s annual International Housing Affordability Report ranks the harbour city in the top 3 least affordable cities...

Will home prices keep rising over the next year?

Property prices are expected to keep climbing higher through to mid-2025 – though not everywhere, according to a new report. We reveal where prices are tipped to go up, and where prices are expected to fall. What a crazy financial year it’s been for property prices. Despite a cost of living crunch and high interest...

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