Aussie Home Financial

10/07/2023

📍 Six suburbs property investors have their sights set on 📍⁣
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Smart Property Investment’s Fast 50 report has listed 50 suburbs tipped for the largest capital growth. ⁣
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Here's a hotspot suburb in each state:⁣
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🏠 SA - Aldinga Beach: Near popular Christies Beach with a median price of $500k and rental yields of 4.2%.⁣
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🏠 WA - Rockingham: A coastal town with a median price under $500K that won WA’s Top Tourism Town Award 2022.⁣
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🏠 NSW - Armidale: A university town with a median price of just over $500K, and is slated for promising capital growth as more overseas students return.⁣
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🏠 QLD - Beaudesert: Tipped to be a key suburb for Brisbane’s 2032 Olympics and a median price of $500K. ⁣
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🏠 VIC - Churchill: This university town has good infrastructure median prices under $400K and a gross rental yield of 5%.⁣
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🏠 TAS - Rokeby: Situated on the shore of the Derwent River, Rokeby offers good transport to the CBD and options under $600K.⁣
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Are you set to start or grow your property portfolio? Come chat with us to get your finances in place. 📞⁣
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To find out more, DM us or contact Aussie Home Financial on:

☎ – 02 8006 7312
💻 – [email protected]
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* Smart Property Investment - Fast 50 Report ⁣
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05/07/2023

🏠 Want to buy your first home with a friend, sibling or family member? 👨‍👨‍👦‍👦⁣
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Good news! Effective 1 July 2023, you may be eligible to lodge a joint application under the First Home and Regional First Home Buyer guarantees. 🤯⁣
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The two schemes, which were previously only available to single people or those in relationships, allow eligible applicants to purchase their first home with just a 5% deposit and not pay lenders mortgage insurance.⁣
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This could speed up your road to homeownership by four to five years! 🏁⁣
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But you may want to move fast because spaces disappear quick as a flash. 📸⁣
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Want to know more? ⁣
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Get in touch for help navigating eligibility requirements, comparing loans, and the application process. 👇⁣
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To find out more, DM us or contact Aussie Home Financial on:

☎ – 02 8006 7312
💻 – [email protected]
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04/07/2023

Phew! The RBA has today decided to put the official cash rate on hold. So is the end of this rate hike cycle finally in sight? 🤔

Phew! The Reserve Bank of Australia (RBA) has today decided to put the official cash rate on hold. So is the end of this rate hike cycle finally in sight? The decision to keep the official cash rat…

03/07/2023

🏠 More people are starting to set their sights on the property market again 🏠⁣
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Even amidst rate hikes and inflation, Commonwealth Bank Household Spending Intentions Index data showed a 14.4% monthly increase in home-buying intentions in May.⁣
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And the Housing Industry Association announced that new home sales increased across Australia for the second month in a row in May. 😯⁣
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With increasing rents and low vacancies, renters are feeling the crunch. And understandably, many want to escape and get into the property market. ⁣
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And we’re here to help. 🌈⁣
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There are a plethora of government schemes and grants that can be bundled together to help fast-track your homeownership goals. 🏡⁣
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We’ll help you work out your borrowing power, your loan options, and factor in what schemes you may be eligible for.⁣
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To find out more, DM us or contact Aussie Home Financial on:

☎ – 02 8006 7312
💻 – [email protected]
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28/06/2023

Gonna make a jailbreak … Are recently lowered serviceability thresholds the answer to busting out of your “mortgage prison?” ⛓️

Have you been keen to refinance but told you can’t? You’re not alone. Many Australian households are currently locked into their home loans due to rising interest rates. But some banks have recentl…

28/06/2023

🤨 Are these lender eyebrow-raising transactions in your spending routine? 🤨⁣
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You may not realise that the following transactions can raise a red flag and hinder your mortgage application.⁣
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🤑 Paypal transactions - these can make spending hard to track for lenders, and transaction descriptors can often be vague.⁣
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🛍 Buy now, pay later - missed payments can be costly and lead to credit score hits. ⁣
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💸 Spending your savings often - this can show lenders you’ll struggle to service your loan. ⁣
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💳 Store credit cards - high interest rates and missed payments can get you into hot water. ⁣
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💵 Large, frequent ATM withdrawals - tracking spending can be more difficult. And frequent, large, late-night weekend ATM withdrawals aren't a great look.⁣
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Want to know how you can polish up your financial habits to put your best foot forward? Contact us today. 😁⁣
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To find out more, DM us or contact Aussie Home Financial on:

☎ – 02 8006 7312
💻 – [email protected]
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26/06/2023

🤑 What is the fixed-rate cliff and how can refinancing help? 🤑⁣
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During the pandemic interest rates plummeted making fixed-rate loans popular. ⁣
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But now those low fixed-rate periods are winding to a close. And these loans are set to transition to higher interest rates given the RBA recently increased the official cash rate for the 12th time since April 2022 to 4.10%. 😬⁣
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But refinancing can soften the fixed-rate cliff landing. 🪂⁣
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You see, lenders often don’t transition you across to their best rates once a fixed period ends. They reserve those low rates for enticing new customers. ⁣
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But by refinancing you can access those great rates.⁣
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Chat with us today and we’ll start the refinancing legwork for you! 📞⁣
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To find out more, DM us or contact Aussie Home Financial on:

☎ – 02 8006 7312
💻 – [email protected]
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21/06/2023

Homebuying intentions have climbed despite interest rate hikes and rising living costs. So why are so many people still chasing the great Australian dream? 🤔 💭 🏡

Despite the soaring cost of living and successive interest rate hikes, homebuying intentions have climbed, latest data shows. So why are so many people still chasing the great Australian dream? And…

21/06/2023

🏘 Units or houses: which are preferred by property investors? 🏘⁣
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According to a recent survey*, 70% of property investors planning to buy in 2023 were looking for a house, while only 4.02% planned to buy a unit. ⁣
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So what are some of the main pros of each?⁣
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House pros 🏠⁣
✅ Higher potential for capital growth as land generally appreciates over time. ⁣
✅ More control over the property, such as for renovations, land divisions, etc. ⁣
✅ No body corporate fees.⁣
✅ More likely to attract longer-term tenants. ⁣
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Unit pros 🏢⁣
✅ Often more affordable than a house.⁣
✅ Often located in convenient, central hub areas. ⁣
✅ The body corporate provides maintenance and a component of insurance.⁣
✅ In general, units can have a higher annual yield. ⁣
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Looking to take the property investment plunge? Give us a call and we’ll get to work finding the right loan for you. 😁⁣
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To find out more, DM us or contact Aussie Home Financial on:

☎ – 02 8006 7312
💻 – [email protected]
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* P**A 2022 Sentiment Survey⁣
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19/06/2023

🥳 First-home buyers are saving their 20% deposit sooner 🥳⁣
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The 2023 Domain First Home Buyer Report results are in.⁣
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First home buyers in most major cities have experienced decreased timeframes for saving a deposit for an entry-level home:⁣
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💰 Sydney and Canberra - 17-month drop.⁣
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💰 Brisbane and Canberra - 14-month drop.⁣
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💰 Melbourne and Darwin - 11-month drop.⁣
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💰 Hobart - 5-month drop.⁣
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💰 Perth - 2-month drop. ⁣
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💰 Adelaide - 1-month drop. ⁣
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Want to shave off even more time to save your deposit? Speak to us today about applying for the federal government's first home buyer scheme.⁣
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To find out more, DM us or contact Aussie Home Financial on:

☎ – 02 8006 7312
💻 – [email protected]
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14/06/2023

Find out just how mortgage serviceability is calculated, and how you can increase your chances of clearing the hurdle. 🦘

Mortgage serviceability can feel like a frustrating hurdle to clear. But it’s an important safeguard against borrowing too much, particularly in the current interest rate landscape.  It’s in t…

14/06/2023

🍵 Planning to buy? We’ve got the tea on the current property market 🍵⁣
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National property prices had been on the decline in 2022, but February and March 2023 both saw small increases*. 😮⁣
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And property listing volumes just started to increase in March, too, meaning more opportunities for buyers.⁣
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So if you're looking to buy the right home, get in touch and we can help you find the right home loan. 😀⁣
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To find out more, DM us or contact Aussie Home Financial on:

☎ – 02 8006 7312
💻 – [email protected]
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*realestate.com.au and CoreLogic⁣
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