When it comes to investment property most investors focus on either the purchase price or the rental return and forget other costs like the mortgage (loan), rates, management and insurance. There are more factors to consider when doing your due diligence and cash flow analysis on an intended property and one that is most often…
This week as seen some major players in the banking sector tighten lending criteria for investors on the back of APRA expectations. The Australian Prudential Regulation Authority (APRA), is a government body who oversees banks, credit unions and other finance, super and insurance related industries. In their wisdom they have made the recommendation to limit…
Past weeks have seen a media storm in our industry about APRA recommendations for lenders to change policies for investors. The premise behind it is from regulators looking to restrict the amount of lending to investors and promote / allow lending for owner occupiers. What really happened was that APRA and the banks decided to…
Is now the right time to buy in Toowoomba? QLD’s flower capital has been the highlight of recent media reports and also has some massive infrastructure spend happening, but does this mean that it is over cooked and time to look elsewhere or get out? We were working the Toowoomba market again in 2012 when…
The New Year has started with a bang for the Australian property market. Some of this noise is good and some not so good. Mining towns are off the boil and capital cities are heating up. Melbourne and Sydney have been on the run for some time and Brisbane is playing catch up. So what…
When making offers and structuring a purchase contract it is important to look at all the clauses involved. Most buyers focus on the finance and inspection clauses as these are the ones they usually have in their mind to dictate their terms to the sellers agent. While both these clauses are generally written into most…