Latest News
Home Ownership is now easier with non genuine savings
Posted on Thursday September 22 2011 at 11.22am
Some Lenders now making it easier to purchase a home by allowing non genuine savings to form part of the home buyers deposit. This means the deposit could come from savings, a gift, a personal loan of other suitable sources.
First Home Owners Grant Capped
Posted on Friday 1st January 2010
The new year has seen the First Home Owners Grant (FHOG) capped and now only available for properties under a specified monetary value.
These values differ according to individual state jurisdictions. Please see individual State Revenue websites for further details regarding each state.
The maximum purchase price in each state as at 1st January 2010 are:
Western Australia $750,000 or $1,000,000 if located north of the 26th parallel
New South Wales $750,000
Victoria $750,000
Northern Territory $750,000
Queensland $1,000,000
Investors find fresh leverage to negotiate lower rates
Posted on Wednesday, December 16 2009 at 11:46 AM
Investors may be able to negotiate a lower interest rate with their lender using the leverage of newfound differences in standard variable rates, according to Mortgage Choice senior corporate affairs manager Kristy Sheppard...more
Median house prices reach a new high
Posted on Tuesday, December 15 2009 at 12:03 PM
Australia's median house price has reached its highest level in nearly two years,
according to the Real Estate Institute of Australia (REIA).......more.
Property investors can look forward to price growth
Posted on Friday, December 11 2009 at 6:00 PM
House price growth is expected to continue well into 2010, according to Australian Property Monitors. National values are already exceeding pre-global financial crisis levels by nearly three per cent and they’ll keep growing in the new year......more
Changes to Keystart Loans Deposit Requirments
Posted on Friday, 4th September 2009 at 11.15am
Keystart Loans has announced an increase in the deposit required from first home buyers – from 2% to 4% of the value of the property price.
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