living expenses

Tighter scrutiny on living expenses a game changer for loan applicants

By Margaret | Oct 23, 2018

Off the top of your head, how much per month do you pay for electricity? How much do your basic living expenses cost? What would you spend on entertainment or travel? Not sure? There’s a requirement in every home loan application to provide a budget estimate of your living expenses. For many home loan applicants,…

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46A Regent street Elsternick

The Block – Did anyone get a bargain?

By Margaret | Oct 30, 2017

Anybody who has every read my blog or followed me on twitter knows that I am an avid watcher of The Block and this season was no different.  For those that live in another universe and don’t watch commerical or free to air TV anymore last night was the series finale finishing with the auctions!…

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Solid growth predicted for property in Newcastle. Is now the time to buy?

By Margaret | Oct 27, 2017

As a first home buyer, choosing the right time to buy property can be challenging. Based on recent predictions for Newcastle, you might consider purchasing sooner rather than later. The QBE Australian Housing Outlook 2017-2020 was released yesterday, providing an outlook for the performance of the residential market across Australia and including a Newcastle and…

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Property buying costs

The costs when buying a house

By Margaret | Aug 9, 2017

Have you been searching domain and, looking at houses, dreaming that you could buy one?  Have you wondered where it is that you start?  What steps you need to take to make it a reality? Whilst the tools to find the house have never been better, the process of actually buying a property can be…

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First Home Saver Super Scheme

By Margaret | Jul 25, 2017

I was recently at a function where I was talking with old work colleagues. We were all lamenting the ‘if only’. If only we’d bought that terrace house (in Newtown in 1991 for $198,000) or that unit with water views (in Mosman in 1996 for $300,000). The reason that we didn’t buy those properties is not…

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Investors pay more

By Margaret | May 4, 2017

On the 9th February this year the Commonwealth Bank of Australia (CBA) advised that they would no longer be accepting applications to refinance investment loans from other financial institutions. CBA is the biggest residential home and investment loan lender in the country. The announcement was always going to have consequences for most other lenders in…

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Are Newcastle’s property prices insane?

By Margaret | Dec 22, 2016

Are Newcastle’s property prices insane? 2016 saw the Newcastle and Lake Macquarie property markets come onto the radar for a number of reasons. With prices in Sydney continuing to soar, the dream of home ownership for many, especially first home buyers, is becoming a distant memory; whilst for others soaring Sydney house prices have provided…

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Newcastle’s property market is on everyone’s radar

By Margaret | Nov 29, 2016

Newcastle’s property market is firmly on the radar for investors and home buyers alike, and why wouldn’t be? Newcastle has been the best kept secret in NSW for the last decade, but not anymore as an increasing number of research reports point to Newcastle and Lake Macaquarie as a great place to invest. Newcastle’s property…

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What did The Block challenge apartment sell for

By Margaret | Oct 28, 2016

So I admit it. I’m a ‘The Block’ tragic. I love it. So as I was watching the challenge apartment renovation this week I began wondering what happens to the challenge apartments. You don’t ever seem to hear anything about them. They are definitely not sold on auction night. So this week I made it…

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