With property prices at record levels, the size of the average mortgage has also hit new highs, making it more important than ever that you shop around for the right loan.
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.
While it’s often said you need a 20% deposit to qualify for a home loan, a significant number of borrowers are securing mortgages with smaller deposits, according to the latest data from APRA, the banking regulator.
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.
Australia's property market is experiencing a cooling phase, transforming it into a landscape ripe with opportunities for discerning investors. For Australian expats eyeing property investments, this shift could signal the perfect moment to act.
The federal government is aiming to improve housing affordability by increasing the supply of housing, which would be expected to reduce demand and put downward pressure on prices. As a result, the government is attempting to facilitate the building of 1.2 million homes in the five years from July 2024. So what does the latest homebuilding approvals data show?
More and more Australians are turning to property investment, new analysis has revealed. CoreLogic’s head of research, Eliza Owen, found that the number of investors entering the market was exceeding the number exiting, by comparing home loans data with listings data.
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.