Major Disclosure Changes Are Coming
If you’re thinking about selling your home in QLD, there’s a major legal update around the corner that could affect your sale, especially if you live here in Brisbane. From 1 August, new property laws will roll out across Queensland. The most significant change is that sellers are now required to provide all essential disclosure documents to potential buyers before they sign a contract. Failur...
Preparing Your Home for Sale in Brisbane: A Step-by-Step Guide
Selling your home in QLD can be an exciting yet challenging process. The key to attracting buyers and securing a great sale price is preparation. A well-presented home not only looks more appealing but also helps you avoid last-minute surprises during inspections. Here’s what to do, and what not to do, when getting your property ready for the market. 1. Make a Great First Impression Buyers fo...
The First Home Buyer Journey in Brisbane: A Step-by-Step Guide
Buying your first home is an exciting milestone, but it can also feel overwhelming. The home buying process involves numerous steps, from securing financing to negotiating contracts and making an offer. If you’re a first home buyer in Brisbane, here’s a guide to help you move through the process with confidence. 1. Understanding What You Can Afford Before you start house hunting, it’s essenti...
Rising Rents and Property Ownership: What You Need to Know
The challenges facing individuals in rental accommodation have never been more apparent. With rising rents becoming a growing concern, tenants are left with a limited set of options. They must either find extra money to cover the rent increases, rent out a room, take on a second job, or settle for lower quality and smaller living spaces. Surprisingly, some tenants are now considering transit...
RBA Maintains Cash Rate at 4.10% : No Change Since July
The Reserve Bank of Australia (RBA) has opted to maintain the cash rate at 4.10% since July. But what’s driving this decision? Let’s delve into it.
How Does the Borrowing Power Calculator Work? Understanding Assumptions and Estimates
Are you stepping into the realm of property financing, armed with a burning curiosity about your borrowing power? A borrowing power calculator can offer a glimpse into the financial landscape, but it’s essential to delve into the intricacies of its calculations and underlying assumptions to ensure your financial decisions are well-guided.
Will the RBA’s Response to Inflation Shift Your Mortgage Strategy?
In the ever-evolving realm of finance, one question looms large: How will the Reserve Bank of Australia (RBA) react to the current inflation slowdown and its potential effects on interest rates? As economic indicators shift, it’s imperative for investors, borrowers, and the broader financial landscape to comprehend the potential ramifications. This article delves into these complexities, off...
Australia’s Soaring Rents: A Deep Dive into the Growing Property Market
In recent times, Australia has witnessed an unprecedented surge in its rental market, with annual rent increases hitting double digits and pushing past levels not seen since the Global Financial Crisis (GFC) of 2007. This meteoric rise, however, comes from a higher base than ever before, making it a cause for concern among housing advocates and low-income earners alike. In this blog post, we wi...