The NSW Government has passed legislation making the changes to provide First Home Buyers with the choice of either paying a lump sum transfer (Stamp Duty) or an annual property tax on purchasing a property up to $1.5 million. The initiative lowers the up-front costs associated with purchasing a home and is intended to boost…
First Home Buyers Choice Read More »
Selling your property can be an exciting time but if you are not sure where to begin, sometimes emotions can take over and make the process feel complicated and some-what stressful. A good start point to make a property move is knowing what the market looks like. This will help you understand what you can…
Thought about Selling your Property ??? Read More »
The NSW Government is launching a shared equity scheme for eligible participants, paying a proportion of the property purchase price in exchange for equivalent ownership share of the property. No repayments will be required on the equity contribution, no rent, no interest charged whilst remaining eligible for the scheme. Voluntary reparents can be made to…
Shared Equity Scheme Read More »
The Government announced to do more to help ease entry barriers, putting home ownership in reach for more Australian’s. Key Points: The Government will be expanding the Home Guarantee Scheme for eligible home buyers to 50,000 places per year; New Home Guarantee will run for a second year, enabling first home purchasers to build a…
Budget 2022-2023 – Home Ownership in reach for more Australian’s Read More »
PEXA Property and Mortgage insights reports that buyers splashed out on Australian property, summing to a total of $688.7B. The value of sale settlements jumped nationally by $251.0B, being an increase of 57.3% on 2020.
Few key factors to consider…… Purchase price and affordability is a major factor when buying an investment property. Know whether your investment property will accumulate neutral or positive cashflow. Less income spent potentially allows for the property portfolio to build and grow faster. Location…..whether purchasing your investment property city base or regional, consider an area…
What Makes a Good Investment Property?? Read More »
The new $470 million Maitland Hospital is to open to patients Wednesday 19th January 2022. The hospital will meet the growing region health needs for Maitland and the community of the surrounding suburbs of the Hunter Valley. Visit www.newmaitlandhospital.health.nsw.gov.au
New Maitland Hospital Read More »
The Reserve Bank has left the official interest rate at a record low of 0.1% for the eighth month running, after meeting on the 6th July 2021. While there is no change to the cash rate target, the RBA has signaled that a rise may still come a little earlier than first indicated.
RBA Holds Interest Rates Read More »
Government announced it’s approach is to enable banks to lend to people who have not be able to save a house loan deposit. First Home Buyers 5% Scheme, rebranded as New Home Guarantee for 10,000 eligible First Home Buyers. New Family Home Guarantee is designed to assist eligible single parents buy a home with a…
Federal Budget 2021 Read More »
The RBA is keeping interest rates at the historically low of 0.1%, noting that the housing market has strengthened. Growth to owner occupiers had picked up, and strong demand from first home buyers. Research from CoreLogic showed that home prices soared at the fastest rate in 32 years in March. The bank will continue to…
Property Market Boom! Read More »
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All Rights Reserved
Website by Oddball Marketing
