property

  1. N

    CoreLogic daily home value index: Prediction status update

    Prediction status check: how are we going toward a 50% drop in the Core Logic Home Value Index (5 capital city aggregate) from its peak 2020 value by end of 2025? Peak 2020 value (Dec 31 2020): 137 All-time high (May 07 2022): 176.66 Current value (Jun 22 2022): 174.84 → Change from 2020 peak...
  2. D

    What do you will supersede the Help-to-Buy scheme n 2022?

    Help-to-Buy is currently set to end in December 2022. It's effectivness is due for review and this could mean one of the following: It will be extended It will end completely so that there is no longer financial supports for first time buyers It will be replaced with something new (possibly the...
  3. E

    [BG] Buying apartment with a forever loan

    I recently spoke to a credit consultant that implied that if I’m interested in a property and it’s rent price equals the monthly loan payment, it makes financial sense to buy it because if at some point I want to move out, I could sell it to another buyer for a higher price and end up with a...
  4. N

    How to calculate if I can afford property of $xx?

    I've saved up money together with my partner for about 8 years now, I think we have enough cash in place to try and buy a house a proper house. The online how much we can afford calculators are usually pretty rubbish so I've been doing some research to see how much a bank's willing to lend me...
  5. K

    Pickles auctions charging me for something I didn’t bid on

    Hey everyone, Thought I’d ask for help here if anyone has gone through something like this before. I was watching pickles auctions yesterday and last night I received a bill for $15,000 for a van I didn’t bid on. I checked my account and it shows I haven’t bid on anything. Pickles T&C’s say...
  6. M

    Considerations when applying for variable rate mortgage

    Hi all, just looking for some causal advise. Purchased our 1st home in 2021, hoping to buy a different home at the end of 2024 and move on. Myself and my O/H are keen to pay off our mortgage as soon as possible to free ourselves up for travel and potentially starting our own business to...
  7. L

    37 - fully offset my apartment, now what?

    I purchased a 70's brick 2 bedroom apartment back in early 2018. Probably overpaid a bit (paid almost 700k) but it's in a great location in the inner south-east of Melbourne, with only six on the block and it's facing the street at the front. Managed to lock in 1.84% for the past two years...
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