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house

Apart from introducing a slew of measures to help first home buyers step into the property market (read here), budget 2017-18 also suggested some changes in the deductions allowed for residential investment properties. Those with interstate investments can no longer claim for interstate travel for property inspections and management. However, the fee paid to a… Read More>>

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Most people aim to invest their hard earned dollars in property; not only because property prices have constantly been on the rise but also because a property is a tangible asset that you can see and touch, which makes it a safer investment for mental peace. However, investing in property for the sake of investing… Read More>>

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Investing in real estate continues to remain one of the most popular wealth creation strategies in Australia. However, not every investor buys to hold, revelling in the comfort of owning an extensive property portfolio. Of course, holding an investment property for long offers the benefits of rental yield and better capital growth, but many investors… Read More>>

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Planning to build your home from scratch or make some major renovations? As you may be already aware – you could either hire a builder or choose to take charge of the building work yourself. Of course, the former might be a less tedious option, but the latter could turn out to be cheaper and… Read More>>

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Well, there is no clear answer to this one. Every property is different, and apart from your property’s condition, the condition of your local real estate market will play a significant role in answering your query. The main point of renovating before selling is to ensure a better return on investment. Thus, your focus should… Read More>>

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renting

Recently, banks have been getting stricter with their lending criteria, with a 20 per cent deposit being the golden standard. However, some lenders may let you borrow with just a 10% deposit and Loan Mortgage Insurance, but there is also a requirement of 5% genuine savings over a span of minimum three months that borrowers… Read More>>

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sydney

The US News & World Report named Sydney as the second-best holiday spot in the world, thanks to the laidback beach lifestyle and other landmark attractions in the city. Sydney receives millions of visitors each year who flock to the popular tourist spots in the city, driving up the unit prices in these areas and making… Read More>>

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Two friends smiley enjoying working together in a coffee shop.

Very often, home buyers are misled by low interest rates advertised by lenders and end up with home loans that lack the essential features they may require in line with their financial situation. As a home buyer, you need to scratch beneath the surface to understand the real deal to ensure that you are getting the best home loan for your situation. … Read More>>

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ready to buy first home

Buying a house remains a coveted dream for many people in Australia. But are you ready to buy your first home? With many low-interest home loans available in the market, the announcement of several schemes in the federal budget to improve housing affordability, and the First Home Owner Grant administered by different States in Australia,… Read More>>

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Back of happy young asian couple holding balloon and walk together on green grass.

Most people in Australia grew up with the dream of owning their home in a place they could afford and then slog through their lives to pay off the debt to own their greatest dream. However, as house prices continue to rise, more and more first home buyers are finding it difficult to enter the… Read More>>

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House and home loan

Opting in for an Interest Only home loan with an offset account could have several benefits, but not for everyone. The choice between Principal & Interest versus Interest Only usually comes down to the size of the loan, the cost of setting up the loan, tax considerations and your financial strategy. It makes sense to speak to an expert and understand whether this type of loan is the right choice for your situation or not.… Read More>>

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melbourne

To curb the banking bullies in the mortgage market, riding on the back of out-of-turn interest-rate hikes and poor customer service, the Government picked the stick against the Big 4 in the recent budget announcement by introducing a new accountability regime and a new levy in a bid to collect up to $6.2 billion over… Read More>>

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fam

While bad credit home loans provide you a chance to start afresh, they must only be resorted to as a short-term strategy to repair your credit and get your finances back on track. Of course, once you have cleared your credit history, there is nothing stopping you from refinancing with traditional lenders at much lower interest rates.… Read More>>

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How-much-you-need-to-save-for-retirement

Recently, Rest Industry Super published a white paper “The Journey Begins” that revealed that little less than half of the older workers in Australia are expected to retire with debt. Of those surveyed, 25% said they would retire with some amount of credit card debt, 20% expect to retire with ongoing mortgage payments, and another 12% expects to have unpaid bills at retirement.

The research also highlighted that a large number of older workers are not only providing financial assistance to their parents but also funding their kids’ education and helping with their home loan deposit.… Read More>>

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things-to-consider-before-going-for-property-auction

According to the recent data released by CoreLogic on 18 May 2017, “The number of auctions scheduled to take place across the combined capital cities is set to rise this week, with 2,619 currently being tracked by CoreLogic, up from 2,409 auctions last week, and higher than the 1,920 auctions held over the same week last year.”

In March, clearance rates across capitals rose to 80.8%, the highest level since mid-March 2015. Data suggests that demand is high in the housing market with the clearance rates picking up despite an increasing number of listings.… Read More>>

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tips-for-families-having-single-income

Jessica and Abby have been married for four years and were recently blessed with a baby. Since their dating days, the couple had decided that Jessica would be a stay-at-home mum once they planned a family. However, making the transition to a single-income household when… Read More>>

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real-estate-agent

Over the last few years, only a handful of industries have remained untouched by technological disruption, real estate being one of them. Since forever,
sellers have been relying on real estate agents to get their properties off the market in the least amount of time at the best … Read More>>

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tips-to-build-your-equity

Property prices in Australia have been constantly increasing in the past few years, helping most property owners build some equity in their property without doing anything. However, no one can predict which way the market would swing and it is always prudent to actively … Read More>>

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expensive-renovations-mistakes-to-avoid

According to data published by ABS, in the year 2015-16, Australians spent
a whooping $7.7 billion on home renovations.

Indeed, whether you are renovating for profit or simply renovating your home to make it more comfortable for yourself, the process requires ample… Read More>>

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young-home-buyers-checklist

Ashley, an architect, is 24 years old and stays with her parents in Melbourne. Unlike many of her peers, instead of splurging her wages on movies, coffee and travel, Ashley is on her way to purchasing her first property with just a little help from her parents. My parents are keen investors and encouraged… Read More>>

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whom-to-inform-about-your-address-change

Whether you are renting or buying, moving your house involves a lot of hard work and planning. In the process, with so much to juggle, it may happen that you forget to notify some important people about your change of address. While amends can be made later with family and friends, there are some people… Read More>>

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selling-your-house-when-you-have-pets

As much as you love Fido, when it comes to selling your house, many potential buyers can be turned off with pet odour or even signs of your pet such as dog or cat fur, making it harder to sell your house. Even home buyers who are dog lovers may be turned off or over scrutinising as most buyers consider pets to be synonymous with property damage such as scratched walls and carpet stains. So how can pet owners command the best price for their property while ensuring Fido isn’t bothered as well?… Read More>>

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Build-your-home-loan-deposit

According to data released by ABS, the mean price of Australian dwellings was $631,000 in September 2016. This means, on average, you need to save $126,000 for a 20% deposit to purchase your own home. Of course, there
are lenders who will lend with only a 10% deposit backed… Read More>>

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questions-to-ask-your-real-estate-agent

There are many reasons for selling a house – downsizing, relocating, financial obligations and much more. Whatever may be the reason, sellers want two things out a property sale – a good price and a quick sale.

A real estate agent can help you achieve both these aims by utilising their knowledge of the neighbourhood, advertising your property… Read More>>

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hidden-costs-of-buying-a-home

You have found the perfect property and are all set to buy your first home. The house is great, your family loves it, the neighbourhood is perfect and it is priced just right.

Great. But have you taken into account the hidden costs of buying a property that can potentially add thousands to your price tag?… Read More>>

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questions-you-need-to-ask-your-buyer

Hiring the right buyer’s agent can save a lot of time and money when you are out there to buy a property.

A buyer’s agent is essentially the reverse of a seller’s agent and works on behalf of a buyer. An experienced buyer’s agent can show you… Read More>>

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setting-up-financial-goals-in-2017

The beginning of a new year is the perfect time to set personal goals that you’d like to achieve in the course of the year. Wisdom dictates it is never too late to start and with the fourth month of the New Year drawing to a close, it certainly isn’t late to set financial goals… Read More>>

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Reverse-mortgage

A reverse mortgage uses your home’s equity as security for a home loan. As opposed to a conventional home loan, where the borrower makes repayments over an agreed term, the interest on a reverse mortgage is due at maturity of the loan. Popular with retirees, rather than taking out a home loan,… Read More>>

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How-to-find-the-right-mortgage-lender

In March 2016, the Roy Morgan Consumer Banking Satisfaction Report revealed that the satisfaction level of the customers of the big 4 banks in Australia declined to 80% from 80.6% in February 2016.

It also pointed that the satisfaction level of the home loan customers of the big 4 banks remained below 80% in the 6 months to March 2016.… Read More>>

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long-distance-property-buying-simplified

When you are buying an investment property, it is only natural to look in
your neighbourhood for suitable real estate to buy. However, looking beyond your suburb and even your state can help you save significantly.

Restricting yourself to an area means letting go of opportunities in upcoming property markets across Australia.… Read More>>

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tips-to-pay-home-loan-faster

Would you love to pay off your home loan sooner, but you’re not sure how? Do home loan rules and regulations confuse you?

Your home loan investment is more than likely one of the biggest you will make in your lifetime, and one of the largest debts you will encounter.… Read More>>

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should-you-continue-to-rent-your-house

To rent or buy a house is an ongoing debate with no clear winner. But what if you own a house and don’t have the time to maintain it? Maybe it is too far from work or you are always on the move…

Does that mean you should not buy a house?

Building a property portfolio is one of the surest ways to create wealth for yourself. But nothing in the rule book says you must buy your own home… Read More>>

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invest-in-property-to-secure-your-future

It is estimated that 25% of the Australian population would be retiring by 2055. The baby boomers, who are fast approaching retirement, comprise a population that bloomed in the post war era surplus and were more given to enjoying their lives than, well, plan for retirement.… Read More>>

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australian-housing-finance-in-numbers

Since long, financial experts have been warning of a cool down in the perceptibly red-hot Australian property market. Proving to be partially true, statistics churned by ABS showed that the value of total dwelling finance commitments went through a sinusoidal cycle, falling at the… Read More>>

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money-spent

Buying a home can cost you an arm and a leg, in terms of money as well as time. Yet, it remains a revered investment and personal goal. Owning a home not only has financial implications, it has emotions attached to it as well. But very often, in the excitement of owning your own abode, it is possible to go overboard and turn house poor instead of being cash rich. Buying property is a decision that must be backed by thorough research … Read More>>

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understanding-the-structure-of-your-home-loan

Do you know that a higher interest rate loan that is well structured can save you much more than a seemingly low-interest rate loan over its full term?

You are not alone when it comes to falling for the well-oiled home loan options that seem too good to be true. Indeed, a well-planned property purchase is an invaluable asset, but only if you are able to actually … Read More>>

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Equity-home-loans

The equity in their homes is a major source of wealth for most Australians. Simply speaking, home equity refers to the difference between the market value of your property and the debt outstanding against it. Many lenders allow you to access up to 80% of the equity built… Read More>>

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refinancing-secrets

Recent data released by HashChing revealed the most ripped off Australian suburbs where borrowers are paying interest rates as high as 7% or more on their home loans.

With the national average current home loan rate around 4%, is it time to revisit your home loan? … Read More>>

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find-love-this-valentine

True love can find you in the most unexpected of places…though, it may help if you come out of the hiding and seek love in one of these suburbs where more number of singles are looking to mingle.

Yes, as most of you get cozy with your partners this Valentine’s Day, the ‘singles’ needn’t despair– as many people must have already told you… Read More>>

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Most-ripped-off-Aussie-suburbs

Have you checked the interest rate on your home loan lately? Not buying breakfast or opting for the discounted versions of smashed avocado on toast introduced by several cafes last year may add few dollars to your savings, but a health check up on your home loan … Read More>>

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how-much-you-can-afford

When you are out there in the market, looking to buy some real estate, it can really help to know how much you can afford to borrow before starting the fabled house hunt.

Know what you can afford. While most Australians dream to buy their first home, many do not realise that actually ‘owning’ you… Read More>>

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equity-pros-and-cons

Your home is your biggest asset and yet you may feel cornered in times of financial need, as it is not possible to only sell a part of the house to meet small emergencies. However, cashing in the equity built in your home can be a smart move to meet emergency expenses, invest in another property, take care of repairs and renovations or even fund a sabbatical or a holiday that you have been planning since ages.… Read More>>

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Autumn-property-sale

Spring has always been the season of love, good weather and real estate! Keeping the property market on its toes every year, spring, generally, records the highest number of property listings and auctions each year.

However, if you plan to sell your house, listing it this fall, preferably by March,… Read More>>

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first-home-buyer-mistakes

All set to purchase your dream home? Keep an eye out for these common pitfalls…

Many first home-buyers in Australia have been saving up for years to pay up the deposit on their first home, yet, the sky-rocketing property prices keep them from reaching the elusive 20% home loan deposit target.… Read More>>

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tips-for-quick-property-sale

Planning to sell your house this summer? Maybe it is too small for you, maybe you want to downsize, or probably, you simply want to move on. But have you prepared your house, and more importantly, yourself, for the sale?

Experts say that your best buyers come along in the first 30 days you put your house for sale.… Read More>>

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temporary-residents-celebrate-australia-day

Australia Day is approaching and it is time to celebrate the great Australian culture, a unique melting point of global cultures and peoples who will all
join in the revelry on 26th January as proud Australians.

As you gear up to celebrate this special day, have you ever given it a thought that almost 25% of the Australians celebrating… Read More>>

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renters-need-insurance

It turns out that Gen Y essentially comprises renters – the practical movers always in search for better pastures. The smartest of the lot have in fact turned the property market on its head by bringing rentvesting into fashion – that is, rent where you like and buy where you can afford.… Read More>>

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factors-defining-the-value-of-the-property

Your house, one of your biggest financial and emotional investments, can
prove to be a worthy appreciating asset, a veritable gold mine, if chosen strategically; bearing in mind factors affecting the prices of the properties and how they affect the property you are planning to buy or sell for that matter.… Read More>>

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New-Year-Resolution-for-home-loans

The New Year is almost upon us. As most of us get busy planning for the holiday season, it is also the time to review the months gone by and set new resolutions for the coming year. Along with losing weight to getting more organised to eating healthy, financial goals such as saving more and paying off debts rank right on top for many savvy Australians.… Read More>>

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hot-property-predictions-in-2017

If you have ever been stung by “surge pricing” while trying to find a late night Uber ride home… you are probably not alone. Paying one and a half or double the standard fare is not an uncommon occurrence -especially during busy times. The question is if this is acceptable for a home loan?… Read More>>

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joint-mortgages-on-rise

As housing affordability becomes a growing cause of concern, individual home buyers are finding it harder to step into the property market despite low-interest rates on home loans, thanks to increased prices and high home loan deposits.

But the Australian property buyers are not deterred. To overcome this obstacle, more and more Australians, especially younger ones, are joining hands (and pockets) with spouses, lovers, siblings… Read More>>

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hidden-cost-of-Credit-cards

Do you know that swanky plastic card is eating into your future home loan? Yes, little do proud owners of luxury credit cards (or any credit card, for that matter) realise how credit cards can derail their future loan application or reduce their borrowing capacity drastically.… Read More>>

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Ways-to-increase-your-borrowing-capacity

How much can I borrow to buy a house, is a question most of us will ask ourselves at some point in life.

As home loan rates in Australia swoop to a record low, this could be an ideal time to invest in your dream property. However, do you really know how much you can borrow to fund your purchase?… Read More>>

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settlement-day

It is a lengthy process from finding your favourite property to finalizing it to arranging the right home loan for it…  and it all culminates on the settlement day when you finally get the keys to your brand new house.

However, the thought of the D-Day often sends property buyers in frenzy. What really happens on the settlement day? … Read More>>

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Beat-the-bank-bullies

HashChing is in the news lately and it’s for good reasons. Since our inception a year ago, we’ve saved over 4,650 borrowers a lot of time, hassle and money.
If you were an early bird on Monday morning, you might have seen us on Sunrise (7th of November). This is the video that aired:… Read More>>

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things-to-consider-when-buying-a-house

In Australia, owning a property is a coveted dream we all grow up with. And why not, considering the increasing property prices and the financial and emotional security that comes with owning your own abode, buying property is definitely a favourite hobby for Australians, and with good reason, too.… Read More>>

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debt-to-income-ratio

Do you take home a reasonably fat pay cheque every month? Have you been
making all your monthly payments and debt repayments on time, always? Are you reasonably proud of your money management skills?

Well, that’s great! But that does not mean you will surely get approval for your home loan, thanks to the high debt-to-income ratio you may be servicing, unknowingly.… Read More>>

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Investment-tips-to-build-your-property-portfolio

Building your wealth in bricks and mortar? Considering the current market, a capital idea, indeed! Investing in property is a popular strategy for wealth creation but not without pitfalls. If not planned wisely, the cost of owning an investment property can quickly override the profits.… Read More>>

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Line-of-credit

Very often you find yourself requiring cash to meet emergencies or for planned renovations or purchases. While it is always possible to use your credit card for smaller amounts or take a personal loan, using the equity in your house to fund further investments or home improvements… Read More>>

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home-loan-as-contract-worker

Contractual employment is common in Australia, with over 9% of the population employed in contractual roles as revealed in a study by Australian Bureau of Statistics last year. But what do banks think of borrowers in a contractual position applying for a home loan?… Read More>>

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home-loan-for-pensioners

Don’t let old age play spoil sport to your property acquisition dreams – there
is no age to fulfill your dreams and it is possible to secure a home loan even if you are on pension (including disability pension). So if you are on old age pension (or nearing pension age) and think it is the time… Read More>>

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home-renovation

Renovations are trendy and can render your investment much more profitable. However, home renovations can be tricky – unless you plan them right. Renovating your house isn’t always cheap and with a home loan to repay, it
may not seem like a great idea to spend some more on home improvement.… Read More>>

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land-and-construction-loan

Planning to build your own home from scratch? The mortgage market is flooded with different kinds of home loans and in case you plan to build your own home, a traditional home loan may not be the best option for you. Many lenders offer special land and construction loans that are tailor… Read More>>

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spring-savings

“I feel it in my fingers…I feel it in my toes…”  Yes, spring has arrived awakening everyone from their slumber with the tingling warmth and joy of the season of blooms. Spreading sunshine across the country, spring also happens to be a… Read More>>

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misconceptions-about-home-loan

Buying a property remains number one on the bucket list for most Australians. And with the RBA cutting down the interest rate and many lenders choosing to pass on the full benefit to home buyers, there has been no better time to finance your home loan.… Read More>>

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Choosing the right home loan can be difficult, especially with interest rates at an all time low – it is a tough choice between fixing your loan or not.

But there’s a way out – splitting your loan between fixed and variable rates can let you have the cake and eat it too. Don’t believe us? It is possible to have the best of both the worlds… Read More>>

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As the RBA brings down the official cash rate to a new low of 1.5% in order to stir up the price growth, home owners and to-be home owners get another reason to rejoice.

Previously, when the RBA had slashed the rates to 1.75%, many banks had passed on the full cut to customers. It cannot be predicted whether the lenders will follow the same route this time, however… Read More>>

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Refinance-home-loan

In case you are stuck with the same home loan since the past 3 years or more, it is time to look around and maybe even move on! As interest rates on home loans soar to a new low, it is time to scan the market and check for a better deal.… Read More>>

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Buying a home is one thing, owning it another. Purchasing a house is a major financial decision that will impact your lifestyle for a long time. However, no one wants to reel under debt for the next 25 years or so, and there is no need to, as you can pave your way to financial… Read More>>

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SydneyvsMelbs

In the year 2015, Economist’s Intelligence Unit ranked Melbourne on the top, letting the city enjoy its fifth running year as the world’s most liveable city. A modern city with an old world charm, Melbourne is a melting pot of people from over few hundred nationalities and offers unmatched infrastructure and governance to its citizens… Read More>>

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As property prices in Australia continue to soar, Gen Y is increasingly moving towards affordable apartment living in property dense areas. However, the older generation with more disposable income still prefers the luxurious serenity offered by the more expensive suburbs in Australia.… Read More>>

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With interest rates held low and steady by the RBA, Australians are scurrying to take advantage of the low rates to buy their dream home. But would the
low rates last? No one can predict how interest rates would curve in the
future, so should you go for fixed or floating rate – are you spoilt for choice?… Read More>>

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Hand pressing Where to Invest on blurred cityscape background

Property or stock – The two most common tools for building wealth offer a very confusing choice to investors. And while property has traditionally been the most favoured type of investment, the market is full of stories of those who made it big by investing in shares and lost a lot in the property bubble of the last decade.… Read More>>

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240_F_80589865_3ngxsBtHhWGlNv6YRO6RsooEcy9a6V2z

As swanky credit cards fast replace cash in pockets, debt is quickly mounting up for many Australians who get carried away by the plastic money craze or end up borrowing more than they can repay. Sometimes loss of job, illness, a broken relationship or other unforeseen issues can also leave you cash strapped, struggling to… Read More>>

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banking-terms

Thinking of a home loan and confused with so many terms hovering over in front of you? Does the sound of financial jargon send you up the wall? Ever wished you could lay your hands on something that explained it all in plain and simple English. Here’s a jargon buster to take you sailing through… Read More>>

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foreign-property-buyer

Foreign investment in real estate in Australia jumped by almost 3 times in the year 2015, as compared to the previous two years. However, in the wake of the latest crackdown by FIRB (Foreign Investment Review Board) and stricter lending criterion being imposed by the banks, does it spell the end for foreign real estate… Read More>>

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access-equity

Most Australian property owners are sitting on goldmines, without even knowing it. No, we don’t mean an actual goldmine, but the equity locked in your property, which if utilised properly, can make a solid foundation for future investments, renovations and property acquisitions. What is equity? Equity is the amount you get on subtracting the outstanding… Read More>>

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falling-interest-rate

Many property owners and future buyers are delighted with Reserve Bank of Australia’s (RBA) decision to reduce the official interest rate to a historic low of 1.75%. Major banks such as NAB have even promised to pass on the full deduction to its customers. Does this mean home loan interest rates are falling? The situation… Read More>>

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house-or-apartment

Every Australian will be plagued by this question at one point or another – many traditionally house loving Australians are moving towards apartment living gradually but each property buyer faces the dilemma of choosing between a house and an apartment. House Vs. Apartment For first home-owners, owning a home is a dream they have grown… Read More>>

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booming-suburb

According to latest Corelogic RP Data, dwellings in Sydney and Melbourne have experienced a capital growth of 9.73% and 11.36% year on year, respectively. In fact, both the cities have been experiencing dizzy capital growth over the past few years, making huge profits for investors who entered the market in time. Does that mean you… Read More>>

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pre-approval-home-loan

On a lookout for your dream home? Of course, dreams don’t come cheap; but it is possible to secure finance for your property, making it much more achievable than it may seem. When you decide to buy a property, getting it financed is a major worry. Many a buyers are left stranded when they cannot… Read More>>

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buying-property-interstate

As per stats, property rates have grown significantly in Melbourne (over 7%), while rental yields in Melbourne have recorded minimum growth (about 2.9%) in comparison to other States. Thus, savvy investors are looking beyond their backyards to build diversified property portfolios spanning across several states. While this is a great strategy to take advantage of… Read More>>

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property-auctions

With clearance rates of over 70% in NSW and Melbourne, buying at property auctions is a common way of buying property in Australia. However, auctions tend to get really heated and it is easy to be swept by the atmosphere or get nervous with the competition. Considering you are going to make the investment of your lifetime,… Read More>>

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how-negative-gearing-work

As Labor party announces its plans to do away with negative gearing on existing houses, the idea has stirred controversy about the future of the rental market and the impact on mum and dad investors. The policy aims to make property buying more accessible for first home buyers, especially the youngsters. While it is easy… Read More>>

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building-granny-flat

Planning to create a little home in your backyard? Granny flats are becoming more and more popular with 4818 granny flats built in NSW in 2014, almost double the number built in 2013. As granny flats become a revered investment option, we recommend you read the below before you set on the quest to build… Read More>>

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buying-smsf-property

Want to gain more control over your super? Setting up an SMSF can be the solution you are looking for – a self managed superannuation fund where you take charge of your investments. A sound investment strategy holds the key to a happy retirement. Through a self-managed superannuation fund, you have the option to invest… Read More>>

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smsf-investment-strategy

According to statistics released by the ATO in December 2015, “SMSFs account for 99.5 per cent of all superannuation funds and 29 per cent of the $2 trillion in total superannuation assets in Australia” SMSF or Self Management Superannuation Fund is a trust set up with the sole purpose of providing for your retirement. Here,… Read More>>

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letni-ubytovani

Does anyone remember the turmoil in 2009-2010 when variable interest rates increased by 2%? While many rushed to fix their loans, many others lost their houses as they couldn’t afford the repayments any longer. The home loan market has been much more congenial since then. With Reserve Bank of Australia (RBA) maintaining a low cash… Read More>>

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home-contents-insurance

Sam and Clara weren’t too happy when their lender asked them to subscribe for home insurance. After some online research, they decided to take both ‘home and contents’ insurance though the idea didn’t really appeal to them. Today, they advise everyone to go for ‘home and content’ cover, as they couldn’t have been more grateful… Read More>>

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free-property-report

Found the perfect home in a neighbouring suburb but wondering how much it’d cost you? Planning to refinance your property and don’t know the current value of properties in your neighbourhood? At HashChing, we understand your dilemma. To give you the perfect starting point for your property research, we suggest you go through a free… Read More>>

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property-investment-australia

Planning to take the first step towards building your property portfolio? Investing in property has become the most loved hobby of the nation; however, keep in mind that all investments may not be profitable. To ensure your success in the property market, here’s a handy guide telling you what to lookout for before you start… Read More>>

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qld-stamp-duty

If you are planning to buy a house in Queensland, and it happens to be your first home, the State Revenue Office is offering you a ‘Great Start’. Literally called the ‘Great Start Grant’, first home owners are eligible for a grant of $15,000 if they are buying or building a new home. This grant… Read More>>

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Comparison-rate

Interest rates on home loans in Australia are at all time low, and banks are offering deals that seem too good to be true. Home buyers, thus, are scampering to quickly make a kill – Owning a property and saving on your home loan, now that’s utopia for every Australian.… Read More>>

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mortgage-broker-sydney

According to a report by MFAA (Mortgage and Finance Association of Australia) published in the year 2015, many lenders believe that brokers would account for more than 60% of the mortgage deals in the future, stressing on the importance of the broking channel in the coming years. Gone are the days when one would walk… Read More>>

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home-loan-features

With a large number of mortgage deals in the Australian housing market, knowledge is the key to getting a good deal. While a good loan is one that is cut to your requirement, there are certain features you must look for before you sign up for one. HashChing brings you top 5 home loan features… Read More>>

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why-lawyer-use-mortgage-broker

While you keep busy supporting your clients in and out of legal battles, a set of professionals has you covered, at least property wise. We are talking about mortgage brokers who can help lawyers get professional packages, discounts and waivers on home loans, not ordinarily advertised by lenders. Why just lawyers? Lenders consider the practitioners… Read More>>

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home-loan-calculator

Whether you are planning to buy a house or are repaying the 25 year loan you took 5 years back, chances are you can score up a much better deal to finance or refinance your house, if you compare deals online. You can also save thousands by periodically checking and calculating some magic numbers as… Read More>>

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first-home-buyer-tips

Bankwest First Time Buyer Deposit Report 2015 indicates that on an average, an Australian couple has to save for 4.2 years to accumulate the 20% deposit (based on the median home price) for their first home; the saving time being the highest for couples in NSW (5.3 years) and lowest for those in Tasmania (2.8… Read More>>

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falling-property-prices

Falling property prices may sound gloomy to those who have already purchased property in these areas and fear to lose out on capital gains, however, this isn’t the case as despite the slowdown, Sydney and Melbourne have recorded the strongest annual gains in the housing market. The reasons for the decline:- Regulatory restrictions on investor… Read More>>

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principal-interest-offset

We all want to get rid of that debt and be financially free as soon as possible… But is debt all that bad? Isn’t it possible to use debt to get rid of it faster? Well, financial discipline and smartly structured loans can actually turn being in debt into lesser of an evil. Since ages,… Read More>>

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doctors-should-use-mortgage-broker

Professionals pose low-risk to lenders who offer several home loan packages for various professionals including lawyers, engineers, accountants and doctors. In fact, doctors are favoured above all the other professionals due to high incomes and one of the lowest default rates on… Read More>>

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home-loan-still-right

You’d be surprised to know that there are more than 150 home loans with interest rates less than 5.2% p.a. on offer in Australia. Are you still paying the price for being loyal to your bank? The interest rates in Australia have come down by over 2% p.a. since the year 2012. Despite that, less… Read More>>

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buying-off-the-plan

Buying off the plan means purchasing a house or an apartment before it is completely built. While it can offer benefits in terms of flexibility of design, potential capital growth and cheaper deals courtesy the construction boom in many parts of Australia, is it really a good idea to buy something you can’t yet see?… Read More>>

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financial-goals-2016

Now that we are few days into the year 2016, most of us would have decided to turn a new leaf and be better, fitter, slimmer and richer… Is your heart set on that dream home or you want to get debt-free sooner? Intend a long international vacation or looking to invest in property this… Read More>>

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home-loan

The high-profile home loan rate increase by big 4 banks in October has had a negative impact on consumer satisfaction with satisfaction levels of the big 4 banks declining to 78.2% in November, down from 80% in September. According to latest Roy Morgan Research Consumer Satisfaction Report 2015, ANZ showed the biggest decline to 74.8%… Read More>>

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rent-or-sell

Planning a move to a new city or a different house? Sometimes, due to changes in financial or personal conditions, it becomes imperative to move out of your current residence and shift to a new abode. Considering your emotional attachment with your home and other financial criteria, are you in a dilemma whether to rent… Read More>>

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investment-property

Are you one of the 23 million Australians who own an investment property? If yes, are you making the most out of rental property? The whole aim of an investment property is to give you returns. We bring you simple tips to get your property working for you, in more ways than one! Buy it… Read More>>

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negative-gearing

Ever wondered why Australians love investing in property so much? Is it the security of holding a tangible asset or the belief that the property will grow in worth? Many people also consider property investment to be lucrative due to the ability to offset the cost of owning the property against other taxable income. In… Read More>>

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owner-builder

Are you planning to construct your own house or thinking of redoing the lawn and exteriors yourself? Building your own house lets you stay in control and can save you some dollars as well. Taking charge of your own construction or renovation can be a satisfying journey if you know what you are getting into.… Read More>>

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top-home-builders

The housing industry in Australia is on a roll. The total number of new dwellings in Australia in 2015-16 touched a new high, recording a 6 per cent increase from last year with over 230,000 dwellings commenced during that period. The total revenue from new dwellings this year increased to $17,777 million from $16,669 million in 2014-15.… Read More>>

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mortgage-broker

With interest rates at an all time low, the time is ripe to buy the house you always wanted. However, with so many competitive home loans on offer, choosing the right one can be difficult. Brokers can help you find suitable deals and attractive packages conveniently. In a survey by Mortgage and Finance Association of… Read More>>

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investment-property-tax

Recently bought an investment property and befuddled with your tax return? Be thorough this year as the Australian Tax Office (ATO) is closely watching the 1.8 million Australians who own investment properties. ATO has revealed that investment property owners claim an average of $25,717 in deductions covering interest on loans, writing off capital works and… Read More>>

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non-resident-home-loans

More and more non-residents want to own a piece of Australia – and why not, considering the unmatched quality of life the country has to offer. Foreign direct investment in the real estate sector for 2014 was to a tune of $47.7 billion. This constitutes 6.9% of the total FDI in Australia and shows a… Read More>>

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property-investment

Whether it is the first time home-owners or people venturing into the real estate market for the second time, buying property is turning out to be the most favourite hobby of Australians. Being one of the biggest financial decisions you would ever take, don’t be blinded by the crowd while you buy your home. Think… Read More>>

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While you may be scouting for a unit to rent in Sydney, take a look at the changing rental trends before you choose your abode.

Increasing rent rates in Sydney

Tenants in Sydney seem to be having a tough time. Domain’s Quarterly Rent Report signals that rent rates in Sydney are increasing at the fastest… Read More>>

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home-renovation

Most people want to remodel the house they live in at one point or another. Maybe some fancy new fittings, an extension, an open kitchen or new paint on the walls. Many homeowners are also taking up home renovation to cash in on the rising property wave. Small changes can fetch big money, especially in… Read More>>

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reverse-mortgage

Worried if your savings would be adequate to ensure a smooth retired life? Cashing into your home equity could be an option to consider.

More and more seniors in Australia are opting for reverse mortgage on their houses in order to fund a comfortable retirement.… Read More>>

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home-equity-loan

Your existing home is cramping your lifestyle. Perhaps your family has grown or you just want a different floor plan. Should you move to a brand new property, or renovate the house you currently live in?

Renovating your home usually means increasing its value, making the long-term return on the investment worth the trouble and initial expense.… Read More>>

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Do you think it is getting harder to buy a house in Australia, especially for Gen Y? In 2010, a survey by Genworth revealed that the average age of first time house buyers had risen to 31 years from about 25 years in the seventies. In July 2015, ABS revealed that the first home buyers accounted for only 15.4% of the buyers in the market.… Read More>>

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Granny_flats

The demand for housing in Australia has averaged to about 164,000 dwellings per year. While there is a forecast for this upswing to stabilise in the next twelve months, the outlook is certainly good for house owners with some extra space to build on.

One attractive option that looks promising is the concept of granny flats, an additional smaller living unit on the same property. Read More>>

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home-loans-for-457-visa-holders

Do you know how many 457 visa holders are in Australia currently?

According to the data released by the Department of Immigration, at the end of March 2016, there were a total of 177,390 457 visa holders in Australia. This number comprised 97,766 primary 457 visa holders and 79,624 secondary (a family member or dependent) 457 visa holders.… Read More>>

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home-loan-approval

Now that you have lodged your home loan application, it is time to hit the
sales and pick up the best furniture on show or is it?
The road from home loan pre-approval to approval is a precarious one and borrowers are advised to maintain the status quo in order to avoid rejection.… Read More>>