Whether you’re preparing for your first or your 10th home purchase, it’s crucial to get your loan application ready. But where to start with so many issues to consider? Throw away your dismay and settle in for a long – but exciting – haul!
Make no mistake! Interest rates always affect how much you’re paying to enjoy your dream abode. Incredibly far-reaching and essentially set by the Reserve Bank of Australia (RBA), interest rates also influence the how and why of property values across the country.
Rentvesting is becoming increasingly more popular in every part of Australia. Essentially, this concept sees you becoming both a landlord and a renter. Pick your favourite location, virtually regardless of its price, to rent out and at the same time, buy a cheaper property, more suited to your budget, as an investment.
Whether you live in Brisbane’s flood plain setting, or are surrounded by thick, drought-prone bushland, natural disaster zones can be both beautiful and hazardous. And never more so than in summer, now just a few months away. But you can protect your house and even enjoy great price growth and sales while enjoying life in our land of droughts and flooding rains, bushfires, storms and cyclones.
With Budget 2020 just behind us and plenty of COVID-19 unknowns ahead of us – and all amidst real estate’s traditionally busy spring season – what does the future look like for the market’s post-virus future?
In a massive day for Australia’s financial future, October 6 saw the federal government reveal its most critical budget since the Great Depression. Along with the “recovery budget” – which has seen $98 billion in COVID-19 support, along with tax cuts, tax breaks and wage subsidies – came the Reserve Bank of Australia (RBA)’s monthly cash rate announcement.
COVID-19 has forced many people to become tech whizzes and never more so than when it comes to video conferencing calls. Whether it’s for get togethers with family and friends or for professional business meetings, Skype, Zoom, Google Hangouts and more are now the bee’s knees for adults and kids alike.
Champagne bottles are popping across the Victorian real estate industry as doors open to in-house inspections for the first time in two months. Under Andrews’ government’s COVID-19 stage 4 restrictions, only online inspections have been allowed since August 2, crippling a sector usually planning for its busiest season.
Stuck within COVID-19 lockdown, metropolitan Melburnians are finding even the chore of buying groceries a great escape from boredom. A potential lift of the Andrews’ government road map restrictions is due on Monday, September 28. But between now and “COVID Normal” – especially amidst spring school holidays – here are some solutions to stay positive, active, connected and in the right frame of mind.
Victorian real estate agents are urging the Andrews’ government to consider fair and just rules for landlords, who have become “the forgotten people” in an industry already on its knees, thanks to COVID-19 lockdowns. The appeal comes on the back of thousands of Victorian tenants essentially enjoying rent-free living with no accountability needed, while also receiving COVID-19 government relief.