Virtue Capital Finance

28/09/2022

Some interesting insights for first home buyers and investors looking within the inner ring of suburbs in proximity to the CBD

https://www.realestate.com.au/news/the-cheapest-suburbs-to-buy-a-home-close-to-the-cbd-in-each-major-capital-city/?rsf=ps%3Afacebook%3Anews%3Aaa&fbclid=IwAR3CMALh92EJZtyLmZZp_h8-_2qjLEyhXq2YksjVvUQ3WFYPoxJiUHWrjfc_aem_AQOFjBeSKS-J68PyTV07XJZy0JXp4EqIDiHD5Afacfz8ghnLQWTz5DUgTT0TYAyxD3r8NRfkkuWQFSzMiLOuqmTWaIbUGlkw_p-w6Rj6rAqM-5i7XLxzUeWimx5cystvHNKjAci2w6tOZWlFHlBVb0rd

New data has revealed the most affordable suburbs for both houses and units, close to the CBD, in each major capital city around Australia.

07/08/2022

https://www.realestate.com.au/insights/the-state-where-population-has-boomed-and-what-thats-meant-for-homes-prices/?rsf=ps%3Afacebook%3Ainsights&fbclid=IwAR0orH2y7Z6MjEVRTVYXG6_Z5XKU3LZ7dueD2Hk-Tll84WS1aQXw50DhvCk_aem_ATS4BHbOuGjkVy9udcwFoosF3TFQXAjc1kDWBBB_nZPlixB5B_xjnS7n_Sp4DGk41Oe9Z5CsQoXgJ7vOqc5F1ZEgrd4qSrTceI7Nqzq7kOMEU9UGsWKVwaJ2AhNexUZ733A&fs=e&s=cl

Since the beginning of Covid, many Australians migrated interstate. But a stack wound up in one state - and the market has roared in response.

12/06/2022

20/01/2022

If you are interested or concerned what this may mean for you please reach out to discuss.

Despite the Reserve Bank digging its heels in on the timing of its cash rate climb, Westpac economists have predicted the right conditions will be fast-forwarded to August. A research note from West

16/11/2021

I’m always happy to help find solutions for young clients and first home buyers - I’m also seeing a lot of clients post separation with children and single incomes; if you know someone who needs a hand financially always happy to help

https://www.afr.com/property/residential/home-ownership-falls-fastest-among-young-poor-20211115-p598xp?utm_medium=social&utm_campaign=nc&utm_source=Facebook&fbclid=IwAR0S0V7GGDrZbzb-t8LtxKYBu1dogUHbk9nxONWpVKc2DUdkabunEzqlB-c =1636957598

Twenty years ago, half of Australians aged 25-34 owned a home. Now it’s less than 40 per cent.

20/09/2021

Interesting read on changes to Self Managed Superannuation which could open up some new options for investing

https://www.afr.com/wealth/personal-finance/how-to-invest-in-property-with-friends-20210916-p58s5m?utm_medium=social&utm_campaign=nc&utm_source=Facebook&fbclid=IwAR3fwvFc4AaACMzU0rU6oqmIZYUsS6NTftT9xeCQo2W7pANK9Yo6soJC6cQ =1632094223

The new SMSF rules make it possible for a group of people or business partners to pool financial resources and buy investment real estate.

02/08/2021

Still strong demand from buyers but an undersuply of properties for sale. If you are looking, it is important to know your borrowing capacity and even more useful to have a pre-approval in place when it is time for negotiations...

Australian housing values increased a further 1.6% in July, according to CoreLogic’s national home value index. The latest rise takes housing values 14.1% higher over the first seven months of the year and 16.1% higher over the past 12 months.

03/06/2021

Some positive signs for home owners that will help create capacity to use equity for further wealth creation and open opportunity for debt reduction strategies.

Housing markets around Australia continued to surge in May with CoreLogic’s national Home Value Index up 2.2% over the month.

01/04/2021

It shouldn't be any surprise to people looking at the market presently that there is a lot of activity and demand is continuing to drive this. Being prepared on the best avenues to proceed is significantly important if you are making a move...

CoreLogic’s national home value index recorded a 2.8% rise in March, the fastest rate of appreciation since October 1988 (3.2%).

14/03/2021

The % of loans written by Brokers continues to rise, working in an enduring long term partnership with your advisor can certainly make a significant difference to acheive your financial goals...

Brokers finished 2020 accounting for six out of every 10 home loans settled in Australia. When I’m asked what the future will be like for brokers, I see the industry’s market share moving up to 70 per cent – and even more – if the industry grasps the unique opportunity the Best Interests Dut...