Month: February 2022

Home buyers could face higher mortgage repayments as early as June as financial markets and economists warn a rapid run-up in inflation could force the Reserve Bank to lift official rates above 2 per cent within a year. In a development that feeds into growing federal concerns about cost-of-living pressures ahead of an election due …

Interest rate rises expected in June with mortgage repayments to rise Read More »

The newfound surge in popularity of the regional and coastal markets has made rentvesting outside the cities more appealing due to the increased likelihood of finding tenants, experts explain. Property prices have risen throughout the pandemic – in the year to November 2021, dwelling prices rose 23% in capital cities and 30% in the regions, a …

Best suburbs for rentvesting in 2022 Read More »

Newcastle’s booming property market is testing buyers in different ways. The latest market update from property analysts CoreLogic revealed Newcastle and Lake Macquarie’s median house price hit $882,000 in January, a rise of $300,000 since October 2020. The Hunter Valley is experiencing an even faster growth rate, adding $200,000 to its median house price since Feburary. Avery …

Newcastle’s booming housing market makes tough going for buyers Read More »

Ask Reserve Bank governor Philip Lowe why house prices are so high and you’ll get a telling response. The RBA freely admits that record-low interest rates have created a cheap money binge that’s lit a fire under house prices during COVID, allowing people to bid up prices at auction and largely killing the Australian dream for many others …

‘Nothing we can do’: The RBA says it is not to blame for soaring house prices. So who is? Read More »

What are borrowing expenses? These are expenses directly incurred in taking out a loan for the purchase of your rental property. They include: loan establishment fees lender’s mortgage insurance (insurance taken out by the lender and billed to you) stamp duty charged on the mortgage title search fees charged by your lender costs for preparing …

Rental Properties – Borrowing Expenses Read More »