Archive for the ‘Lending’ Category

Important changes to serviceability you need to know

Recently APRA recommended changes to the current way in which lenders assess serviceability – which is your financial ability to pay down a loan. These potential changes could spark some shifts in the property market, and we’re pretty excited about it! 

The current system in place is … Read More

The Brisbane shift: apartments tipped for growth

Australia’s property markets have been categorised by uncertainty for the last 18 months. The markets of Sydney and Melbourne continue to deteriorate, all while the fundamentals are now aligning for the Brisbane unit market; with early signs of improvement in a number of key fundamentals, and promising projections … Read More

The mortgage situation – why Australia’s housing markets have turned

A modern kitchen and dining room

The latest numbers are in – not only is the housing market downturn across Australia well underway, but the rate of decline is accelerating.

Sydney saw a steep drop over the quarter, with the median house price down 3.1 per cent ($36,000), the latest Domain House Price Report shows.

Melbourne’s median house … Read More

Speculating vs investing?

There are many ways to make money from property. How you go about it will depend on whether you are a speculator or an investor.

The difference is usually in the timing.

I’m not talking about timing of the market where you buy at the bottom … Read More

Tax Benefits for SMSF Lending

A modern kitchen and dining room

There are a number of advantages to holding property inside an SMSF, as opposed to owning it in your own name.

1. Concessional tax on rental income
Where you hold an investment property in your own name, tax will broadly be payable based on your personal rate of tax, which could be … Read More

Looking to invest? What can you afford?

It seems that as credit is becoming more widely used and social pressure is increasing, the definition of “afford” is shifting at an exponential and potentially dangerous rate. Using households as an example, Corelogic states that from September 2016, the percentage of family income required for a 20% … Read More