Panda Financial

Panda Financial Financial Services without the headache! You are our #1 priority.

Panda Financial is an Australian based company providing financial services to individuals, small businesses and corporate clients. We work in partnership with Legal Firms, Financial Advisers, Accountants, Licensed Conveyancers & other large Professional Services Groups to ensure that all your financial services needs are catered for under one roof. If you have any feedback, comments, or want to b

e the first to hear about our promotions, please feel free to email: [email protected] to be placed on our mailing list.

ANZ Predicts House Prices to Surge by 20% 📈🏠🏦The outlook for Australian property prices this year and next remains very ...
13/09/2021

ANZ Predicts House Prices to Surge by 20% 📈🏠🏦

The outlook for Australian property prices this year and next remains very strong, with the latest predictions from ANZ suggesting they’ll see more gains ahead.

ANZ believes house prices will see gains of around 20% in 2021, with all major capital cities seeing strong levels of growth. The bank believes Sydney, Canberra and Hobart will be the top performers this year. However, gains will be more moderate in 2020, with a predicted increase of 7%.

Are you currently looking to buy? Message us to get your preapproval sorted out to buy with confidence

We have great offers now for variable and fixed rates. Speak to us for a complimentary review. 😊
09/09/2021

We have great offers now for variable and fixed rates. Speak to us for a complimentary review. 😊

When was the last time you reviewed your home loan? Are you paying too much? Speak to us now to find out.
02/09/2021

When was the last time you reviewed your home loan? Are you paying too much? Speak to us now to find out.

Final potential red flag - Incorrect ListingsWhile sales agents might be good at selling properties, they are not always...
01/09/2021

Final potential red flag - Incorrect Listings

While sales agents might be good at selling properties, they are not always property experts. This is often the case when it comes to things like the development potential of property. These days, if you can subdivide a property, it will likely be marketed as having that potential.

A property with development potential will often be priced higher than a comparable property that can’t be subdivided. The issue with these properties is that not all sales agents are experts at property development. Just because an area has been rezoned to encourage development doesn’t necessarily mean that every property will be a viable one.

It is always best to do your own due diligence on a property before making an offer. Or, at the very least, include in your offer some key clauses that protect you.

Red flag #3 - A Long Listing If a property has been on the market for a long time, there is likely a reason for this. I...
31/08/2021

Red flag #3 - A Long Listing

If a property has been on the market for a long time, there is likely a reason for this. It could just be that the vendor has unrealistic expectations. However, in certain circumstances, there might be a more serious issue with the property.

This doesn’t necessarily rule the property out; however, if the vendor is unwilling to negotiate, you are well within your rights to walk away. On the other hand, it is important to remember, that just because a property is reasonably priced, doesn’t always mean it’s good value.

Red flag #2 - Public HousingWhile we all know that suburbs grow at different rates, it’s important to take into conside...
30/08/2021

Red flag #2 - Public Housing

While we all know that suburbs grow at different rates, it’s important to take into consideration things like public housing in the area. If there is a lot of public housing on a certain street, it’s likely that the entire block will be negatively impacted in terms of possible growth.

Red flag #1 - Hidden CostsWhile most investors will pay close attention to the asking price of a potential property, ma...
29/08/2021

Red flag #1 - Hidden Costs

While most investors will pay close attention to the asking price of a potential property, many miss some of the hidden costs. While building and pest issues are usually addressed, there are other hidden expenses that it is important to look for.

If you’re looking at buying an apartment or unit, the costs that come with a strata complex can be very high. In most cases, you will be required to pay strata fees, which are typically higher in newer buildings that offer facilities such as gyms and pools.

Similarly, strata companies generally put money towards things such as sinking funds or even have special levies in place to pay for large capital works. Older buildings can experience a range of expenses relating to maintenance, upgrades, or restoration. Be sure to get a copy of the minutes from the past few strata meetings to see what the board has in mind for expenses going forward before buying a strata-titled property.

Whereas if you own a house or even a block of land, councils can require ratepayers to contribute additional levies for projects in the area. This has the potential to hurt your investment as you not only have to pay the costs, but you’ll also have trouble selling the property until those expenses have been met.

While we all know that property prices have risen steadily in Australia for many decades, there is a big difference betw...
28/08/2021

While we all know that property prices have risen steadily in Australia for many decades, there is a big difference between the top-performing properties and those that have struggled. While the suburb and area are important factors in property selection, many investors fail to identify some of the red flags that might weigh on a property’s potential for growth.

We will be sharing some of the most common red flags over the next few days. Study tuned. 🚩

Purchase your dream home confidently with a preapproval 🏘
27/08/2021

Purchase your dream home confidently with a preapproval 🏘

🔊 Tips for home buyers when restriction eases and with spring just around the corner, many buyers will be on the lookout...
27/08/2021

🔊 Tips for home buyers when restriction eases and with spring just around the corner, many buyers will be on the lookout for a potential property as the number of listings increase.

Here are some quick tips when attending your next home open:

Do some research - Know what the property is worth before looking at it. You can easily do this by looking at comparable properties that have recently sold.

Forget the staging - Staging ads the wow-factor to an open home, but it can also skew reality. Keep a clear idea of what you need to fit in each room and if that property will realistically suit your needs.

Check the orientation - A north-facing property is the most appealing because it gets the most sun. While you might be viewing a property in the spring, it’s likely not always going to be bright and sunny if it’s south-facing.

Don’t skip the inspections - It’s easy to paint over the cracks and hide all the problems of a property. Always get a building and pest inspection or include it in the terms of your offer. In these situations, it’s better to err on the side of caution.

Visit after hours - If you love a property, it’s often a good idea to visit it after hours. For all you know, there could be a drum-loving neighbour or problems that weren’t apparent at the opportunely-timed home open.

Despite more than half of the country being stuck in various stages of lockdown, house prices continue to rise 📈
27/08/2021

Despite more than half of the country being stuck in various stages of lockdown, house prices continue to rise 📈

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PO BOX 20502
Lidcomb, NSW
2141

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Tuesday 8am - 9pm
Wednesday 8am - 9pm
Thursday 8am - 9pm
Friday 8am - 9pm
Saturday 9am - 9pm

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+61406400114

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