Lending Specialist - Sharen Cook

27/07/2018

https://youtu.be/gY2zBEQH7Rs

In this video, ASIC's Laura Higgins discusses credit cards following the release of ASIC's review of credit cards, which revealed more than one in six consum...

22/02/2018

Will Re- Investing be the 2018 property trend?

A panel of economists has predicted three major trends within the Australian property market for the year ahead, says finder.com.au Insights Manager, Graham Cooke. These expected trends come after the panel correctly predicted that the cash rate would remain at 1.5 per cent following the Reserve Bank of Australia's final meeting of 2017.

So, what trends should property investors be looking out for this year?

Predicted trends for 2018:

Single-digit growth in eastern capital cities, though with greater potential in Melbourne and Hobart.

An oversupply of apartments causing prices to struggle to keep pace with house-price growth or even leading to a collapse of the apartment market.

A rise in the popularity of 're-investing' due to increased prices and greater difficulty in climbing the property ladder.

09/02/2018

Its time

Dont let the RBA fool you

the banks are slowing increasing there rates.especially on current customers variable rate loans and whats worse you dont find out until you get your statement .

If you have been thinking about :
* refinancing for a better rate
* refinancing to release equity to purchase an investment property
*releasing equity to payout all those credit cards , personal loans or just to have some money in the bank for a rainy day
Dont hesitate just give us a call there no obligation to follow through and I will show you your options and if you dont like them or just not quiet ready no harm done worse case scenario you have made a new friend

06/02/2018

How does a rate of 3.63 sound on your home loan.
If this sounds good too you give me a call or email:
[email protected]

07/03/2017

RBA leaves cash rate on hold in March....

08/02/2017

Now offers Marine finance

Need or want is the same thing when it comes to boys toys
Marine finance great rates and fast approval

08/02/2017

Property group warns of buying off the plan

Looking at current market conditions, WBP Property Group has revealed that half of all off-the-plan inner city apartments in Melbourne will drop in value by an average of up to 15% before settlement.

“It’s not like the values are falling. Simply, they’re over-priced from the very start,” Greville Pabst, executive chairman of WBP, told Nine News.

“It’s a bit like a new car. When you drive it off the lot, straight away it depreciates. It’s the same when you buy new property.”

This 15% value was extrapolated from a 2015 study surveying around 1,800 OTP properties purchased between 2009 and 2015, Pabst told Australian Broker.

“Upon valuation in 2014 to 2015 the average loss of properties showing a negative discrepancy of $1,000 or more between market price and contract price was almost 10%,” he said.

“With the significant jump in supply of high density apartments in Melbourne’s CBD and surrounds we expect this figure has worsened with the average deviation expected to be closer to 15%.”

While the survey only reflected OTP apartments located in Victoria, Pabst said the same fundamentals were at play in Sydney and Brisbane – areas with an increasing supply of high-density, high-rise residential dwellings.

Likewise, the phenomenon does not discriminate based on the buyer type and whether one is a homebuyer or investor, he added.

Pabst continued, saying that the onus was on the buyer to do their homework independent of their broker, accountant, financial planner or any other advisor.

“Like any asset, scarcity plays an important role in performance. Applying this philosophy to property can mean avoiding high-rise high-density developments and selecting boutique properties with fewer units and fewer expensive facilities like gyms and swimming pools that result in high owner’s corporation fees.”

08/02/2017

http://globalmoneyweek.mfaa.com.au/about/

06/12/2016

RBA rate announcement Dec 2016
Cash rate remains on hold for Christmas.

19/09/2016

For Sale - This is a must see property a rare find
17 Crinan Street Hurlstone Park
http://mdc.ljhooker.com.au/KV5FKD

15/09/2016

TIPS AND TOOLS FOR PROPERTY INVESTMENT

Here are some simple steps to assist you in the property investment process:
1. Review the market
2. Set the right process
3. Understand the costs involved
4. Can you afford it
5. Know your target tenant
6. Go where demand and growth is the highest
7. Get independent and professional advice