Commercial property buyers made $11.8 billion of purchases in the first nine months of 2023, according to JLL, well short of the activity recorded in 2022, when $29.2 billion of transactions occurred throughout the entire year. Activity has fluctuated during 2023, with $4.3 billion of transactions in the first quarter, $3.5 billion in the second … Read more
One of the hardest parts of buying a property can be saving the deposit. A guarantor home loan could give buyers the chance to enter the market years ahead of schedule by using a guarantor (generally a parent or close relative) to cover some or all of the deposit. As a result, buyers could potentially … Read more
As of January 16, first home buyers in New South Wales can choose between making a one-off stamp duty payment or paying an annual property tax. Under the First Home Buyer Choice scheme, the annual land tax is: Owner-occupiers = $400 plus 0.3% of the land value (not property value) Investors = $1,500 plus 1.1% … Read more
From 1 July, two entitlements – Parental Leave Pay and Dad and Partner Pay – will be combined into one payment. That means the current entitlement to 18 weeks’ paid parental leave pay will be combined with the current Dad and Partner Pay entitlement to two weeks’ pay. As a result, partnered couples will be … Read more
With all the hype and lead up to the Christmas season, you’d think we all had an unlimited budget to party through the festive season and purchase everyone on our contact list a Christmas gift. While that’s a nice idea, it’s not so realistic. Here are a few tips to help you with your budget … Read more
How much deposit do I need? Should I go it alone or use a mortgage broker? How do I know if I’m buying the right property? For many people, buying a property for the first time can be like taking a step in the dark. There are a lot of different factors to consider and … Read more
