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Buying property in lockdown

Buying Property in Lockdown – Your Go-To Guide

Buying property is such an exciting time in anyone’s life. Going to inspections, planning out the layouts of your future rooms and picturing yourself in the garden are all fantasies we have when it comes to house hunting. Unfortunately, a lot of these dreams have been thrown into disarray as sporadic lockdowns have shut down the real estate industry in parts of the country. With restrictions on real estate in parts of the country like Sydney and Melbourne, some may be forced to put their house hunting on the back burner until they can start inspecting again. However, other buyers … Read more

Property Portfolio

Things to Consider When Building a Property Portfolio

If you’re a budding investor looking to build a property portfolio, welcome to the club. Australians have a long-found affinity with building wealth through property. Building a property portfolio is a long game and the key to building your portfolio is ensuring you have a clear strategy from the outset. We know we say this a lot, but have a strategy in mind When it comes to property investing, it can be challenging to begin with the end in mind as there are so many factors and unpredictability involved when it comes to suburbs and areas. What you can do … Read more

Hidden costs of buying a property

The Hidden Costs of Buying a Property

Buying a property is a big part of anyone’s life. Whether it’s your very first home, your third investment property, or a nice holiday house, there’s always an element of excitement involved. However, when we look at buying a property, for example, at $650,000, we often take that as how much we are paying or borrowing and don’t take into account the other hidden costs. Unfortunately, there is no hard and fast rule on how much these hidden costs will be. It depends on how much you are paying for your property, where it’s located and whether it’s a house … Read more

Realistic property

Make a Realistic Property Decision in 5 Steps

Where do you buy? What suburb? What city? How much do I pay? These are the questions that most people jump straight into, yet the reality is that without an understanding of the purchase price someone has in mind, then the question of where, when and what just simply can’t be answered. You may as well be browsing for mansions in Toorak or Potts Point for fun! While many people jump straight ahead to browsing the property section, it’s important not to skip the personal evaluation part of the process. This is arguably one of the most pivotal steps in … Read more

Purchase with a mate

What to Consider When Purchasing with a Mate

Let’s be real: It can be difficult to enter the property market. This may lead you to consider the option of purchasing with a friend, brother, sister, or uncle to share the responsibility. In some cases, this can be a great option – it can help you reach a higher price point and get you into the market sooner. Before diving in, there are some key considerations and plans that you need to consider. Future Borrowing Capacity If both parties only look to purchase one property, then this won’t be an issue. However, if either party would like to purchase … Read more

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