East Coast Finance

10/06/2026

🏡 Offset accounts surge as homeowners aim to beat rising rates 🏡 ⁣
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Looking for potential ways to beat higher interest rates?⁣
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You're not alone. One of Australia’s big 4 banks, NAB, says they're seeing the uptake of offset accounts “surge”. ⁣
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Here's how they work.⁣
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Instead of being paid interest on the money in the linked offset account, the balance is deducted from your mortgage when loan interest is calculated. ⁣
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And that’s just the first way you can save on interest. 💰⁣
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Because you're paying off more of the principal each month, that allows you to chip away at your home loan balance quicker, which in turn can also help you save on interest over the long run. ⁣
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Call us to see if an offset account could be suited to your needs. 👇⁣
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To find out more, DM or contact Terry on:

☎️ – 0401 039 039
💻 – [email protected]

08/06/2026

💰 What is the average first home buyer deposit? 💰⁣
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Buying a home to live in? ⁣
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The average home deposit is $173,000 according to Money.com.au. 🏡⁣
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That’s a big chunk of cash. ⁣
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Not surprisingly, it takes first home buyers 10 years on average to save a 20% deposit, based on analysis by ANZ and CoreLogic. ⏱️⁣
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But why wait that long? 🤔⁣
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The 5% Deposit Scheme could help you fast track your home buying plans. ⁣
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It lets you buy with 5% deposit and avoid the cost of lenders mortgage insurance. 🏠⁣
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Interested? Get in touch and we'll help you find out if you're eligible.👇⁣
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To find out more, DM or contact Terry on:

☎️ – 0401 039 039
💻 – [email protected]

05/06/2026

📱 Gen Zs urged to skip influencer advice 📱⁣
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Here’s a worrying stat: two-thirds of Gen Zs (18–28) are turning to social media for financial information and help.* ⁣
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Trouble is, influencer ‘help’ isn’t always high quality, trustworthy or based on personal needs. ⁣
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DM us today for tailored support and guidance when exploring your finance options for buying a home or car. 👇⁣
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To find out more, DM us or contact Terry on:

☎️ – 0401 039 039
💻 – [email protected]
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* ASIC research

04/06/2026

House price growth is slowing but experts say not to expect a crash. We look at what’s changed, and why today’s market may offer good opportunities for homebuyers. 🏡

Want to purchase or refinance a home in Warners Bay? East Coast Finance Group offers loans for homes, investments, construction and more. Call now!

03/06/2026

📢 Why 77% of borrowers use a broker for a helping hand 📢 ⁣
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Not sure if your bank is acting in your best interests when it comes to your home loan?⁣
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Home buyers are increasingly seeking the expert guidance of a broker to navigate the complexity of the lending landscape and proceed with confidence, says peak broker body the MFAA.⁣
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In fact, over the past 6 months, 97% of brokers helped their clients secure a rate saving on their loan, says the MFAA. ⁣
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Whether you're looking to buy, or want to refinance to a potentially lower rate, we'll help you find a lender and loan that genuinely fits your needs. 🎯⁣
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Call us to discover the broker difference. 👇⁣
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To find out more, DM or contact Terry on:

☎️ – 0401 039 039
💻 – [email protected]

01/06/2026

🏡 Granny flat boom fuels demand for renovation loans 🏡⁣
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The Aussie backyard is undergoing a makeover. ⁣
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NAB says demand for renovation loans jumped 21% last year. 📈⁣
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And it’s primarily being driven by homeowners planning to install a granny flat. ⁣
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A granny flat can provide extra space, be a source of rental income, or potentially add value to your home. 💰⁣
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But they don’t always come cheap. ⁣
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You could be looking at anywhere from $80,000-$160,000. ⁣
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The good news? 💡⁣
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Your home equity can be a source of funding. ⁣
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Talk to us about financing a granny flat in your backyard. 👇⁣
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To find out more, DM or contact Terry on:

☎️ – 0401 039 039
💻 – [email protected]

29/05/2026

🏡 Offset accounts surge as people manage rising rates 🏡 ⁣
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Instead of being paid interest on money in an offset account, the balance is deducted from your mortgage when interest is calculated each month.⁣
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And because you're then paying more of the principal each month, that reduces your home loan quicker, which also helps you save on interest long term. ⁣
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DM us to see if an offset account could work for you.👇⁣
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To find out more, DM us or contact Terry on:

☎️ – 0401 039 039
💻 – [email protected]

28/05/2026

A few tweaks to a popular first home buyer scheme has driven a “surge” in Gen Zs buying their first home. And it’s not the only upside giving first home buyers a boost now. 🚀

Want to purchase or refinance a home in Warners Bay? East Coast Finance Group offers loans for homes, investments, construction and more. Call now!

27/05/2026

💰 How much do you need to earn to buy a home? 💰⁣
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Domain recently looked at the income needed to buy a home, assuming a 20% deposit. ⁣
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It found a solo buyer needs an annual income from $232,000 to buy in Sydney, or $111,000 to buy in Darwin. 🏡⁣
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For couples, each person may need to earn $121,000 in Sydney, or just $68,000 for more affordable capitals. ⁣
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The catch is these were figures for houses. ⁣
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Apartments may require a lower income. 🏢⁣
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What matters is that you talk to us. ⁣
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We can explain your borrowing power across different lenders based on your situation. 👇⁣
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To find out more, DM or contact Terry on:

☎️ – 0401 039 039
💻 – [email protected]

25/05/2026

🏢 Unit versus house, what's your preference? 🏡⁣
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Two of the main advantages of apartments are low-maintenance lifestyle and greater affordability. ⁣
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Houses and their associated land, on the otherhand, usually provide greater capital gains, according to Cotality data. ⁣
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But you've got to start somewhere...⁣
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The median unit price across state capitals is $749,446. 📊⁣
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That’s 34% less than the median house price of $1,140,454. 🏡⁣
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The $391,000 price difference could help you bring forward your home buying plans. ⏩⁣
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And if you’re a first home buyer, you may only need a 5% deposit to get started. 👇⁣
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To find out more, DM or contact Terry on:

☎️ – 0401 039 039
💻 – [email protected]