The Blog

Two legal practices have joined forces to help people in the south metropolitan region avoid falling off an “impending mortgage cliff”. Southern Communities Advocacy Legal and Education Service and Consumer Credit Legal Service have partnered to provide the mortgage stress outreach clinic in Rockingham. CCLS chief executive Bev Jowle said the face-to-face service would give support […]

The Federal Government has announced the expansion of criteria for the Home Guarantee Scheme in an attempt to address the housing affordability crisis. From 1st July 2023, friends, siblings and other family members will be able to jointly apply for the First Home Guarantee and Regional First Home Guarantee. People who have previously owned a […]

The Federal Government is making it easier for Permanent Residents to purchase property here in Australia with new eligibility to access the Home Guarantee Scheme. Officially unveiled as part of the 2023 federal budget, the expanded Home Guarantee Scheme will have broader eligibility criteria from 1st July 2023. So, if you have PR and are looking to […]

In a perfect world, selling your home looks like this. You put your property on the market, sell and then seamlessly transfer your sale proceeds directly into the purchase of your next home which is the first home you inspected, fits your criteria perfectly and its settlement date ties in with the settlement of your own […]

When marriages break down, the family home is often sold in order to distribute the assets purchased together. If this happened to you, you may have been wondering how to find a 20% deposit to get back onto the property ladder? Here’s a great new government scheme to address this very issue. The Family Home […]

We have 3 local suburbs in the national list that are expected to deliver the biggest capital growth in 2024! If you’re looking to purchase a property you might want to give these suburbs a closer look, with median prices starting from just $305,000. The cheapest suburbs in Smart Property Investment’s new FAST 50 report – […]

Domain has listed our very own Rockingham and Cooloongup as ‘bridesmaid suburbs’ – not always as popular as the bride, but should be considered if you’re looking for a coastal lifestyle and don’t have the million dollar North Coogee budget. “Cooloongup, for example, currently has a median house price of $395,000, is just five minutes […]

Depreciation specialists BMT, have provided their top four reasons to focus on property depreciation claims ahead of the end-of-financial year tax season. With tax season approaching, interest rates rising, refinancing at record levels, and property values in a state of flux, property investors around the country are being encouraged to find ways to improve cash […]

Is buying a house high up on your shopping list for 2023 but not sure how you’re going to fund it when your Powerball numbers still haven’t come up yet? The good news is though, that it is possible and the dream of buying your own home can be a reality sooner than you think. […]

Most of us would agree that the news about the 2022 property market was about the relentless interest rate rises… all eight of them! So, what’s in store for the 2023 property market, particularly for WA? Both REIWA and property analysts, CoreLogic, have released their predictions for the year ahead, and you’ll be pleased to […]

CoreLogic’s annual Best of the Best report listed Waikiki the leading growth suburb in the Perth metro area, with 14.3% growth over the last 12 months. The median house price of $489,670 makes it an attractive suburb for people entering the property market and investors alike. It was a Rockingham area versus Mandurah tussle, with […]

It is data that will surely rub salt in the wound of WA tenants already facing the most competitive rental market on record — paying a mortgage is cheaper than renting in a quarter of Perth’s suburbs. Despite consecutive rate hikes, a comprehensive analysis by Domain Research showed Perth and Darwin had the highest proportion of suburbs […]

Insurance can be confusing at the best of times, but even more so for strata complexes who share common property – are you responsible for insuring this? Or does everyone in the complex chip in? And if you do, is everything covered in the common area or only certain parts? What if you’re an investor […]

Being a strata lot owner can be confusing and daunting, especially if you’re new to strata living! When you buy a strata property, you’re not just buying your property, but also a portion of common property. If this is the case for you, then you’ll likely have a Strata Manager and pay them strata fees […]

Nearly 30 suburbs have had double-digit property price growth this year despite four rate rises, with Mt Hawthorn topping the list with an astonishing 16.3 per cent rise. New data from the Real Estate Institute of WA shows an additional 105 suburbs have had price growth of more than 5 per cent — which is […]

The latest taxation statistics from the Australian Bureau of Statistics shows there was a record-high $23.970 billion in stamp duty collected during 2020-21. The Australian Bureau of Statistics (ABS) recently published taxation statistics data for the 2020-21 financial year and the data showed an increase in property tax revenue for state and local governments and […]

1. Follow the money Nobody likes the feeling of not knowing where their money goes. The sooner you lose that feeling and start tracking what you’re spending your cash on, the sooner your deposit could grow. When you’re tracking your personal expenses, the little details are important. To get a real understanding of your spending […]