Off-the-plan: How much does a cash deposit really cost?
When buying off-the-plan, paying your deposit in cash is often seen as the standard option. Whether it comes from savings, equity, or the sale of an existing property, cash deposits are seen as the most common option. However, this approach means that the deposit you...
Why deposit strategy matters as rates rise
Following the latest RBA rate rise on Tuesday 29th September, Deposit Power CEO, Ryan Dinsdale, looks beyond borrowing capacity to another consideration for property buyers: how they manage their deposit and financial flexibility between exchange and settlement....
Case study: Downsizing without an upfront cash deposit
Key summary Stephen and Elizabeth made the decision to downsize, and found their ideal off-the-plan apartment on Sydney’s Lower North Shore, due for completion in 2028. Paying the large upfront cash deposit would have meant drawing down their superannuation or selling...