One of the great things about building your own home in Australia is tailoring it to your specifications. Construction can be made affordable with the cheapest home loan rates available. If you’re building rather than buying your dream home, here’s how to make it happen.
The latest home loans data from the Australian Bureau of Statistics reveals that home loans in Australia reached $29.19 billion in June.
When you apply for a mortgage, whether it's the cheapest home loan or not, lenders in Australia will evaluate your repayment capacity under rising interest rates. As part of this process, the lender also considers whether you’d be able to continue making your repayments if interest rates were to rise.
For some Aussie expats, the goal isn’t just buying one property. It’s about building a portfolio that supports their long-term plans back in Australia. With strong income and career growth overseas, this period can create a unique opportunity to establish and grow property assets. This blog explores how expats approach portfolio building; from structuring lending and refinancing, to using market insights and timing decisions around life stage rather than market cycles. A practical look at how to make your time overseas work more effectively.
Many Australian expats already know they want to buy property back home. The real question is how to approach it properly while living overseas. From understanding how lenders assess foreign income to setting up the right structure and support on the ground, the process is often more straightforward than expected once you have clarity. This guide walks through the key steps expats take when buying property in Australia from abroad, and how to position yourself to act confidently when the right opportunity appears.
Pre-approval as an expat isn't complicated — it just needs to be done correctly. Here's exactly what the process looks like, what documents you need, and why most delays are avoidable.
Record property prices are proving to be good news for vendors, with 94.3% of all vendors in the March quarter selling their home for more than they'd originally paid, according to CoreLogic. That was the fourth consecutive quarterly increase and the highest share since 2010.
The Australian property market is growing briskly right now and has grown significantly since the pandemic. But the city-by-city performance has been more varied.
It’s a question on many Aussies minds: will rents keep rising? Australia's rental market continues to see rents surge in major cities and indications point towards a continued upward trend throughout 2024.
Several experts anticipate the Reserve Bank will begin lowering interest rates in the fourth quarter of 2024. So, if you want to enter the market, should you buy now or wait for mortgage rates to go down?
If you would value a considered review of your position, we’re happy to talk.