Explainer: how redraw and offset accounts can save you money

Offset accounts and redraw facilities work in similar ways; they both allow you to reduce the balance of your home loan, and therefore the interest charged, by applying extra money to your debt. Redraw facilities allow you to deposit spare income into your home loan account, allowing you to redraw a sum equal to the… Read more about Explainer: how redraw and offset accounts can save you money

10 tips for choosing an investment property

So, you’re thinking of buying your first residential investment property? There are a few things to consider before making the move. Here are our top 10 tips for avoiding potential difficulties and ensuring success. (1) Know your goal Understanding your financial objectives is key to finding the right investment property. The actual property itself is… Read more about 10 tips for choosing an investment property

Investing interstate

When people think of buying an investment property, many only think locally. Investing in a property interstate could possibly be a smarter idea, potentially resulting in a better return on your investment. it may also be a potential way to snaffle a bargain. You could be buying into an area with greater potential capital growth… Read more about Investing interstate

How to pay off your home loan faster and save big bucks

Reducing the life of your loan isn’t difficult; there are many simple things you can do to cut years off your mortgage. Here are some tips that will help you be mortgage-free sooner than planned. Small extra repayments One of the most obvious ways to pay off your home loan quicker is to make extra… Read more about How to pay off your home loan faster and save big bucks

Is buying to flip still viable in today’s market?

With the property boom of recent years and the popularity of TV renovation shows like The Block and House Rules, increasing numbers of Australians have been ‘buying to flip’ – buying a property, renovating it and selling it at a profit. Buying to flip can be lucrative when property prices are rising rapidly, but is… Read more about Is buying to flip still viable in today’s market?