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…
Parents and other benefactors to younger adults will know that providing for them is an ongoing labour of love. In today’s economy, helping out often extends to providing support for anything from tuition to help with buying property. But what happens when the help given, is done in the best interest of the young adult,…
