News

Are Investment Loans Back In Favour?

personOtto Dargan access_timeApril 30, 2018

A couple of months back, we talked about how lenders are requiring borrowers to provide more details around their living expenses and are less likely to offer interest only loans. The good news is that the Australian Prudential Regulation Authority (APRA) recently suggested that...

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Funny Street Names Answer To Affordable Housing?

personOtto Dargan access_timeNovember 28, 2017

Are you a first home buyer trying to crack the real estate market? A study by a group of high school girls may have cracked the answer to affordable housing: find the streets with the silliest names and you could save up to $140,000. You’ll get teased butt save a fortune Let’s...

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Government Abolishes 457 Visas

personOtto Dargan access_timeApril 19, 2017

Can I still buy a property in Australia? Late yesterday, the Turnbull Government announced that it would be axing 457 visas, a scheme that has been around for over 20 years. The current scheme has instead been replaced with two new temporary visas, each with stricter eligibility...

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The Future Of Australian Real Estate

personOtto Dargan access_timeOctober 21, 2016

Is the housing boom over? For some parts of Australia the property market may have reached its peak. The key for investors is to identify which parts of the market are going to do well and which are a house of cards. If you’re thinking about buying a new unit or apartment,...

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Major Bank Cuts Lending To 33 Postcodes

personOtto Dargan access_timeOctober 16, 2016

In a surprise move on Friday, National Australia Bank (NAB) announced that it was expanding its restricted postcode list to include many more inner city and regional areas. The bank will now restrict lending in these areas by requiring people to have a larger deposit or more...

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Going, Going, Gone! The End Of Foreigners Buying Australian Property

personOtto Dargan access_timeMay 9, 2016

“I’m so stressed. I have 11 properties settling and I don’t know what to do, none of the banks want to lend to foreigners…” The message was from a friend of mine who’s also a mortgage broker. She sometimes messagages me to get advice for tricky...

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Is Your Property Located In One Of These Risky Suburbs?

personOtto Dargan access_timeSeptember 30, 2015

Did you hear? Your suburb may be on a list of high risk postcodes as identified by one of the Australia’s biggest banks! National Australia Bank (NAB) has identified 40 suburbs where “significant deterioration in credit risk has been observed” and a further 43 suburbs...

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What Every Property Investor Needs To Know In 2015

personOtto Dargan access_timeSeptember 23, 2015

With recent reports citing a “cooling off” in the Sydney real estate market, are there still opportunities in Australia for savvy investors? The short answer is yes, but you’ll have to be vigilant and put in the hard work…and you’ll probably also need to look outside...

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Foreign Investors Face Tough New Penalties

personOtto Dargan access_timeAugust 28, 2015

Last week, the Federal Treasurer Joe Hockey introduced into parliament tough new laws for foreign investment in Australian property. These new laws are set to come into effect by 1 December so if you’re planning to invest in Australian real estate, listen up. Breaches of Foreign...

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