Mentor Mortgages

15/02/2026

CGT Discount Cut Rumours Rattle Investor Confidence .

Canberra is reportedly considering halving the capital gains tax discount from 50% to 25% in the May budget. While Treasury hasn’t confirmed any change, the speculation has already triggered pushback from property advocates and investors.

What This Means:

Investor clients may accelerate decisions — whether selling, refinancing, or restructuring — before any potential tax reform hits.

16/07/2025

What is GDP and why should property investors care?
GDP measures the total value of goods and services produced in a country; it’s the total amount of money spent across the economy. When spending is up, GDP rises. When spending slows, so does GDP. Here’s why that matters. As with inflation, when GDP is growing quickly, central banks increase interest rates to cool things down. When GDP slows, rate cuts are usually around the corner

What impact will Australia's GDP slowdown have on property prices?
The GDP slowdown is a clear sign that high interest rates are doing their job, slowing down spending and easing inflationary pressures. Lower interest rates reduce mortgage costs, which can increase buyer confidence and borrowing capacity. Combine that with a property market already constrained by critically low supply and historically high population growth (which we need to avoid recession), and the result is clear: more demand, more competition and upward pressure on prices.

30/07/2024

Sydney suburb analysis
Each of these suburbs, while distinct in their characteristics, present a unique investment proposition, tailored to diverse investor profiles and preferences within Sydney’s vast property canvas.
Engadine
Located in the Sutherland region of Sydney, Engadine presents itself as a prosperous investment hub for units. The current median list price sits at $748,000, having experienced a slight inventory decrease of 0.11 over the past three months.
With an average household weekly income of $2,303, the suburb boasts an impressive 79.55 per cent of detached houses and a balanced ownership to rental ratio, reflected in its 37.63 per cent fully owned and 13.5 per cent rented statistics. The investor score of 76, complemented by a low vacancy rate of 0.8 per cent, underlines Engadine’s appeal in the investment realm.
Northmead
Northmead, nestled within Sydney’s Parramatta region, exhibits a promising investment landscape for unit enthusiasts. The units command a median price of $600,000 and have seen a -0.65 inventory shift in the last quarter.
The socio-economic ranking stands at 9, bolstered by an average household weekly income of $1,924. The tenure mix reflects a youthful demographic, with 25.86 per cent fully owning and a notable 32.18 per cent renting their homes.
Northmead’s investor score of 73 is a testament to its evolving market dynamics and investment potential.
Mortdale
In the Inner South West corridor of Sydney lies Mortdale, a suburb with a rich blend of property investment opportunities.
Units are priced at a median of $650,000 and have seen an inventory change of -0.42 over the past three months. With an investor score of 75, Mortdale accentuates its market attractiveness with an average household weekly income of $1,995.
The property composition showcases 42.89 per cent of detached houses. Ownership is fairly distributed with 29.89 per cent fully owning their homes and 36.64 per cent in the rental market. The socio-economic ranking aligns with its peers at 9, reinforcing Mortdale’s stature in the investment domain.
Source: API magazine.

16/07/2024

Mentor Mortgages now has new updated interactive AI powered website to respond to your Home Purchase/Refinance/ Car/Asset Finance queries with Broker Buddy and appointment booking function.

18/02/2024

Property investors rush Sydney

Sydney’s median house price hit an all-time high of nearly $1.6 million at the end of 2023, according to Domain.
At the same time, Sydney’s rents are by far the highest in the nation after experiencing explosive growth since the start of the pandemic.
To add further insult to injury, Sydney first home buyers are facing strong competition from investors, who are gobbling up Sydney’s homes at an increasing rate.
According to a new analysis of Australian Bureau of Statistics (ABS) data from Domain, lending to property investors hit a six-year high as a share of total home lending at the end of 2023. This far outpaced the share of lending going to first home buyers:
Investors are most active in NSW, which augers badly for prospective Sydney first home buyers.
Investor lending in NSW now makes up over 40% of all housing finance commitments, while first home buyers make up just over 16%:
Investors are likely buoyed by the shortage of rental housing across the nation, which is driving up rents, along with the prospect of interest rate cuts.
The sharp rise in personal income taxes is also likely encouraging higher-income individuals to seek negative gearing opportunities to reduce their tax bills:
So long as the federal government continues to fire hose huge volumes of people into Sydney via net overseas migration, creating an imbalance between supply and demand, then Sydney property will be perceived as a surefire bet.

29/11/2023

RBA successfully extinguishes house price boom
This month’s 0.25% hike in the official cash rate (OCR) by the Reserve Bank of Australia (RBA) has had an immediate impact on house prices, especially in Melbourne and Sydney.
This deceleration has been driven by sharp slowdowns across Melbourne (from 0.4% to 0.0%) and Sydney (from 0.7% to 0.3%), whereas growth rates across the other major capital cities has been either stable (Brisbane and Adelaide) or accelerated slightly (Perth).
The slowdown in price growth has been matched by auction clearance rates, which have fallen over recent months.
Sydney’s final auction clearance rate has fallen from a peak of 73% in May to 65% in November.
Melbourne’s final auction clearance rate has fallen more heavily, from 70% in May to 60% in November.
Last week’s preliminary capital city clearance rate also fell to just 65.9%, which was the lowest result since mid-March (65.0%).
Clearly the steam is coming out of Sydney and Melbourne house prices, which is also pulling values down nationally.
If the RBA delivers another rate hike in February, it could usher in another house price correction centred on these two markets.

19/10/2023

RBA warns interest rates could soon be hiked once again
Australians could be hit by another interest rate hike as soon as a fortnight from now unless inflation eases.
Minutes from the Reserve Bank's cash rate meeting at the start of the month have revealed the RBA was tossing up between leaving rates on hold and increasing them by a quarter of a per cent.
While the board under new governor Michele Bullock ultimately decided on the former, it did so keeping in mind that quarterly inflation data will be released this month and will play a significant role in November's interest rates decision.

12/10/2023

Maximizing Your Savings with Home Loan Refinancing.
For many homeowners, a mortgage is one of the largest financial commitments they'll ever make. While purchasing a home is a significant milestone, it also comes with the responsibility of repaying the home loan. However, savvy homeowners have discovered an excellent way to save money on their home loans: refinancing.
Home loan refinancing offers homeowners an opportunity to save money, reduce monthly payments, and improve their overall financial well-being. It's a strategic financial move that can help you take control of your mortgage, reduce interest costs, and make your homeownership journey even more rewarding. If you're looking to maximize your savings on your home loan, consider exploring the possibility of refinancing today. It might just be the key to a brighter financial future.
Mentor Mortgages has low variable rates from 5.68% coupled with Cash Back offer of $4,000. Limited Time Offer for Loans lodged before 31/12/2023 & settled by 31/03/2024 saving our clients hundreds of $$$ in monthly repayments.
For more information Contact us:
Mobile: 0409 778 176
www.mentormortgages.com.au
https://www.facebook.com/mentormortgages/
https://www.linkedin.com/in/firoz-pethani-a09625123/

We strive to provide the highest level of financial services in a friendly, professional manner; to encourage wise use of credit; to increase the knowledge and the ability of our clients to manage and control their financial well-being; and to provide a wide range of product options in order to assi...

22/09/2023

Board minutes reveal RBA still considering interest rate rises
Do what is necessary’: Aussies may not be in the clear when it comes to interest rate increases as a key expense threatens to derail inflation. The biggest clue yet that the Reserve Bank of Australia (RBA) may continue to increase interest rates has emerged, with the release of the minutes from the last RBA board meeting.
The RBA left interest rates on hold at 4.1 per cent at its last meeting on September 5, but the minutes reveal it contemplated another rise because inflation was “still too high and was expected to remain so for an extended period”.
“In light of these observations, members considered two options for monetary policy at this meeting: raising the cash rate target by a further 25 basis points; or holding the cash rate target steady,” the minutes said.

19/09/2023

Mortgage market at ‘inflection point’ as banks look to lock in loans

The mortgage market faces a turning point, experts say, as new fixed mortgage rates have stayed below variable rates for several months and predictions grow that the cash rate has peaked.
National Australia Bank and Westpac last week became the latest banks to reduce some of their fixed rates, with both lenders dropping certain two-year rates, following cuts from the Commonwealth Bank in August.
Chief executive of mortgage broker Finspo, Angus Gilfillan, said new fixed interest rates had crossed a pivotal threshold, dipping below new variable rates for the first time since January 2022.
“The current situation suggests an inflection point, where the market no longer expects interest rate rises to occur in the medium term,” he said.

05/08/2023

If you're a homeowner and have been struggling with high monthly repayments, consider refinancing your mortgage at a lower rate of 5.64% Variable P & I (CR5.66%) only for Health Professionals (Doctors/Nurses) & Education Professionals (Teachers & those working in Education Sector) and reduce your Owner-Occupied P&I repayments. No Monthly or Annual Fees.

For everybody else from5.69% +$199 Annual Fee.

Please contact Mentor Mortgages on 0409778176 or via our Face Book Page.

27/06/2023

Managing mortgage repayments can be challenging in Sydney's ever-changing economic landscape. Rising housing costs, interest rate fluctuations, and unforeseen financial hardships can create stress for homeowners. However, by seeking professional advice, exploring available assistance programs, and maintaining open communication with lenders, individuals can navigate these difficulties and work towards financial stability. Remember, no challenge is insurmountable, and with the right approach, homeowners can overcome these hurdles and secure a brighter future in the vibrant city of Sydney. Contact MENTOR MORTGAGES on 0409778176 to discuss your individual circumstances and options.