Just last week, the RBA cut the official cash rate to a record low of 0.5%. With an already buoyant property market – particularly on the east coast – what will these further rate cuts do to property prices? Interestingly, the RBA itself recently suggested that a 1.0% fall in the official cash rate could…
Arguably the most important element of successful property investment that is largely overlooked is the power of leverage. Leverage allows a property investor to control a large property portfolio or even a single home for only a fraction of its actual value. Broadly speaking, most banks and lenders require a homebuyer to come up with…
Despite the fact mortgage rates in Australia have fallen to an all-time low, lenders are not making it easy for borrowers to access credit. That’s despite the fact that home values have actually risen +0.3% nationally in April according to CoreLogic. While the economic shutdown associated with COVID-19 has put the spotlight on a number…
