Category: Articles of Interest

What to look for in a good mortgage broker

With seven consecutive months of rate rises, many mortgage holders are probably reassessing their finances and may be looking to change their loan. This is by no means an easy task; according to one comparison website, there are 5400+ loans available. While having choices at your fingertips gives more opportunities, inputting your details, reading all.

First home buyers can swap stamp duty for ongoing land tax

As part of the 2022-23 Budget, the NSW Government announced that eligible first home buyers will have the choice of a smaller annual property payment (ongoing land tax) or a traditional upfront payment (stamp duty) for properties with a purchase price of up to $1.5 million. Legislation recently introduced to parliament proposed first home buyers.

Three key features successful property investors look for

You may have read the recent article in Daily Mail Australia outlining how a property investor who bought his first two-bedroom unit at the age of 18 after saving for the deposit on a $26,000-per-year McDonald’s salary has purchased an additional 12 homes in just six months. Eddie Dilleen, from Mt Druitt in western Sydney,.

3 different managers in strata communities

Strata is an Australian concept allowing individual ownership of a property (often referred to as ‘a lot’) within a complex, but at the same time, having shared ownership in common areas and common facilities of the complex. The community comes with its own rules and regulations, but there are three distinct property management areas in.