For years now, property pundits have been warning of a coming Armageddon in the Australian property market. In 2004, The Economist magazine described Australia as “America’s ugly sister” with the OECD warning the Australian housing market was more than 50% over valued. Fast forward to 2019 and we … [Read more...] about Is now a good time to invest in property?
First the good news…… the worst of the property market declines appear to be behind us and it now looks like we are entering a period of greater stabilisation for the remainder of this year and into next. After more than five years of sustained property price growth, the Australian property … [Read more...] about Is the Property Market Rebounding?
The struggle to save is real with the time now being more than 5 years to save for the average deposit amount. With so many struggling to save a property deposit to buy a home, we spoke to several experienced Mortgage Brokers for some tips for prospective first home owners. Reduce your … [Read more...] about Tips for saving for your home deposit…
Despite the doom and gloom in the media of further property declines, we do not anticipate prices will experience the sorts of falls that some commentators are predicting. There are several reasons for this. Historically, all market corrections, property included, happen after a strong and … [Read more...] about Where are property values heading?
In an October 2018 survey of over 30 economists, 87% believed the next rate move by the RBA will be an increase. No surprises there really, after all we have had an extended period of historically low interest rates. Interestingly though, the vast majority of the same economists believed that such … [Read more...] about Why the RBA might increase interest rates much sooner than the ‘experts’ think!
Deposit Power has had a long involvement with mortgage industry awards and we are proud to continue this tradition at the AMAs. This year, we sponsored the Aggregator of the Year award (up to 500 Brokers). Congratulations to Tanya Sale and the lovely team at outsource financial on winning this … [Read more...] about Deposit Power at the 2018 Australian Mortgage Awards
Is it time to say goodbye to your house keys? Very possibly! The next generation in home security is a home that is capable of recognising you and your needs. Can you imagine not having to fumble about with the climate control and worrying about if you remembered to turn off the gas stove? Well, … [Read more...] about The Next Generation of Homes
We hear people say it all the time, real estate is all about the location! When it comes to buying property it's never a one size fits all solution. A number of factors can influence a purchaser's decision when looking for the right property. Such as the type of property you are after and if it … [Read more...] about Location! Location!! Location!!!