Australian Prudential Regulatory Authority crack down – cost the government half a billion $$$ and supersized banks already enormous profits.

As a mortgage broker, I think the banks view APRA as Santa Claus. Let me explain. As you know, APRA has been putting the pressure on lenders to reduce the amount of Interest Only lending to cool investment property lending. So what did the banks…

Interesting Information on Chinese Investors

Juwai.com surveyed 256 Chinese from 28 provinces as well as from overseas. The respondents reported that over 90% were planning to travel overseas in 2018 and 77% of them would consider buying property in the country they visited. The main…

The changes to depreciation benefits have been legislated. Are you affected?

I have been surprised. Australia's national sport is not AFL or Football. It's residential property! Everyone participates; whether you have a mortgage, own outright, rent or are an active investor, every Aussie has an opinion on the state…

Dispelling the Myths of Buying New

When implemented well, buying off the plan –  be it a studio in an inner city apartment tower or a house and land package in suburbia can be a powerful way to quickly build your property portfolio.   One of the big advantages is the…

3 Reasons Why You Should Invest in Brisbane Property over Sydney or Melbourne

If you’re thinking of buying real estate property in Australia, most likely Sydney and Melbourne are on top of your list. These 2 cities are widely recognized as the centers of business in Australia and are popular tourist destinations. But…

Why Now May Be the Best Time to Invest in Brisbane Real Estate

Residential prices in Australia rose by 3.7% during the first quarter of 2017. Sydney and Melbourne continue to house the most expensive real estate properties in the states of New South Wales and Victoria respectively. The median property…

The Pros and Cons of Buying a New Property as an Investment

It is human nature to prefer brand new items over used or old ones. Whether you are talking about cars, shoes, mobile phones, computers or appliances, you are almost always advised to go with brand new. But cars, shoes and the rest depreciate…

Pros and Cons of Buying an Old Property as an Investment

There is a certain allure to buying an old property; a whimsical proposition similar to the charm offered by an antique. There is history within those walls; aged perhaps but rich in character and personality. But beyond the romanticism lies…

Is Brisbane the New Sydney?

Search any travel guide on Australia and chances are Sydney will be named as the best city to visit. What is there not to love about Sydney? It has two of the most iconic tourist attractions in the world in the Sydney Opera House and Sydney…