Changes Help Buyers
New legal changes in our largest states aim to make things easier for would-be home buyers. This comes after so many potential purchases have been majorly disappointed in the past. In NSW In Victoria Both these changes are in the favour of purchasers. NSW has been plagued with stories of agents underquoting on likely sale […]
33,000 deaths this year will impact the property market.
By Graeme Salt My Mum’s death will help reshape where and what we purchase, who buys and how much they pay. Her passing is part of the great wealth transition, where assets are being transferred from baby boomers to their kids – helping them get on the property ladder. According to research by demographer Bernard […]
Trees’ Impact on Property Value (Good and Bad)
By Graeme Salt $100, 000 – that is the difference in house prices between a well-positioned and poorly-positioned tree. According to research by the University of Technology Sydney*, a single street tree can potentially increase an average Sydney house price by $30,000. But, if a tree is too close to a home, it can actually […]
First-time Buyers. Is rentvesting for you?
Graeme chooses to rentvest
Why first timers may be wise buying a place – even as prices rise
Would-be first-time buyers are caught between a rock and hard place – either they buy at exalted prices, or they remain as tenants and pay exorbitant rents. The first-time buyer market is turbo-charged due to government incentives that only seem to benefit sellers. Yet, with rents also increasing dramatically, would-be buyers may still be best […]
Can Older Australians Get a Mortgage?
By Graeme Salt Many banks are realistic about lending to older Australians. Over the past 20 years, the number of Australians aged 55 to 64 who own their homes outright has almost halved. Meanwhile the portion of homeowners older than 65 with mortgage debt has gone from 4 per cent in 2002-03 to about 13 […]
How Offset Accounts Can Save You Thousands on Your Home Loan
How Offset Accounts Can Save You Thousands on Your Home Loan If you’re paying off a mortgage, you need to understand offset accounts. They’re one of the most effective ways to reduce the interest you pay and build equity faster. What’s an offset account? It’s a savings account linked to your home loan. The balance […]
If rates go up next week, what will it do to property?
By Graeme Salt Inflation figures released today, indicate that we are up for an interest rate rise. According to the Australian Bureau of Statistics, inflation gained a further 3.8 per cent – economists had been predicting a rise of 3.4 per cent. As a result, the Reserve Bank of Australia (RBA) is likely to raise […]
Getting Mortgage-Ready: 5 Steps to Strengthen Your Financial Position
Are you ready to take the first step towards homeownership? Strengthening your financial position is crucial for a successful mortgage application. Discover the five essential steps to improve your chances of approval, from checking your credit score to organizing your financial documents. Learn how to reduce debt, build savings, and stabilize your income to become a more attractive borrower. At Origin Finance, we’re dedicated to guiding you through the mortgage process with tailored solutions. Don’t miss out on your dream home—read on to find out how to get mortgage-ready today!
Big Australia’s impact on the property market
By Graeme Salt There’s set to be 40 million Australians by the 2050s. Where will we house them? Already 52 per cent of us live in the three biggest cities. Despite its size, Australia is highly urbanised. And this urban concentration is not just confined to the largest cities; eight in 10 Western Australians and […]