An increasing number of millennials are rentvesting to enter the property market, but is it actually a good way to get ahead? Even if you’ve been living under a rock, you know that Australian property prices have surged lately. Supply shortages have driven higher prices because Australians have been using their savings from the lockdowns… Read more »
The Aussie home market is changing, so is this year the ideal time to buy a home? WLTH’s Brodie Haupt walks us through the landscape. With a new year among us, many Aussies are starting to review their new year’s resolutions and consider how many of them are actually achievable in this current economic climate.… Read more »
WLTH CEO Brodie Haupt outlines the emerging lending trends of 2022 and what to look out for. If you are in the housing market or contemplating entering, it is crucial to pay close attention to the Australian Prudential Regulation Authority (APRA) lenders’ moves, and their impact on your mortgage. With the economy taking a brutal… Read more »
If you’re planning on becoming a first-time investor next year, you want that first rung on the property ladder to be a shrewd move. Follow these tips to make smarter decisions to set yourself up for the climb. Cec Busby reports. Leave your emotions at the door When you are buying your dream house it’s… Read more »
Moves by APRA, migration outflows, mortgage demands, and overvalued house prices lead us to predict a housing market cool down. The Australian property market has enjoyed incredible growth in the past two years, pushing aside predictions that the global pandemic would cause property prices to plummet. Australia’s property market has sustained strong price gains through… Read more »
CoreLogic’s November property market analysis saw house values rise 1.3 per cent for the month – the 14th consecutive monthly rise – for an annual rise of 22 per cent. That means the median value of an Australian house has risen $126,000 in a year. That’s a $126,000 increase in the equity in your property, which means… Read more »
New research from CommBank has revealed that a quarter of Aussies have considered buying into a property share. When asked what was driving the property share trend, over two-thirds said affordability was the main reason. This was followed by buying a bigger/better property and spreading the financial risk if anything went wrong. Property share makes… Read more »
Many people become a property investor to open a new investment stream, but it can be a full time job. Owning property requires work and time and there can be a lot of responsibilities, rules and costs. So why should you invest in property if it presents such headaches? Well, the answer is simple. The… Read more »
There are benefits for home owners during a property boom. One is that the equity in your property rises, adding to your wealth. While the value of a loan basically stays the same, or reduces if you’re on a principle and interest loan, a rising property market means the share you own in your place… Read more »
Receiving “conditional” loan approval from your lender gives you the confidence to start house hunting in earnest, but it’s still not a done deal. Finding the perfect property takes time, and so does securing the perfect home loan. You can’t rush these things. Don’t wait until you’re standing on the nature strip, trying to outbid… Read more »
