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Single and under 30? You’re a great fit for the 5% deposit scheme

Single and under 30? You’re a great fit for the 5% deposit scheme

Single Australians under 30 snare the lion’s share of spots in the federal government’s 5% deposit first home buyer scheme, according to new data. Here’s how to secure one of the highly coveted 35,000 scheme spots released on July 1.

RBA lifts cash rate for the third month in a row to 1.35%

RBA lifts cash rate for the third month in a row to 1.35%

The Reserve Bank of Australia (RBA) has increased the official cash rate by another 50 basis points to 1.35% amid continuing inflation pressures. How much will this third consecutive rate hike increase your monthly mortgage repayments?

Financial hardship arrangement reporting is about to change

Financial hardship arrangement reporting is about to change

With interest rates on the way back up, there’s no doubt some households around the country are starting to do it a bit tough. Coincidentally, some big changes kick in on July 1 when it comes to recording financial hardship arrangements.

Want a first home buyer scheme spot? Here’s how to get the inside lane

Want a first home buyer scheme spot? Here’s how to get the inside lane

We’re just days away from 35,000 first home buyer scheme spots becoming available on July 1. If you’re keen to snare a place in the scheme – and buy your first home sooner – here’s how to get ahead of the pack.

Attention first home buyers! Price caps increase for 5% deposit scheme

Attention first home buyers! Price caps increase for 5% deposit scheme

First home buyers with a deposit of just 5% will soon have more purchasing power thanks to an increase in property price caps for the highly popular Home Guarantee Scheme. 

ATO hit list: rental property income and capital gains

ATO hit list: rental property income and capital gains

Property investors beware: the Australian Taxation Office (ATO) has revealed the four key areas it will be targeting this tax year, and rental property income/deductions and capital gains are high on the hit list. 

Banks tighten lending, reducing the maximum you can borrow

Some of Australia’s biggest banks have tightened their mortgage lending criteria, meaning you might not be able to borrow as much from them. How might this affect your next purchase?

RBA increases cash rate for second consecutive month, to 0.85%

The Reserve Bank of Australia (RBA) has increased the official cash rate by 50 basis points to 0.85%. How much extra should you expect to pay on your home loan?

Refinancing numbers are surging across the country, here’s why

Rising interest rates got you feeling a little vulnerable? It might be time to take some control back by refinancing or asking for a rate review. Here’s why we’re seeing refinancing numbers surge across the country.

Sale of Wamberal property could be Central Coast beachfront record

A beachfront property in Wamberal that had a price guide of $5 million has been sold for an unknown sum that is said to be a record.

Three Central Coast buyers battle for Wamberal acreage at auction

A local has snapped up an incredible vacant land parcel in Wamberal for $1.6 million. The acreage at 4 High Valley Cl was purchased at an auction that involved three local bidders.

Central Coast dominates affordable suburbs in greater Sydney region

A joint study by Aussie Home Loans and CoreLogic has revealed the most affordable suburbs across the greater Sydney region, with the Central Coast dominating the top 20.

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