Lenders are competing strongly for borrowers, especially those with strong credit profiles. As a result, borrowing activity jumped 18.2% between January 2024 and August 2024, according to the most recent data from the Australian Bureau of Statistics.
About 20% of home owners bought their property in the past five years, CoreLogic has estimated. The data shows that 2021 was the most common year in which homes were last purchased, with 5.3% of all homes being bought in that year.
Home hunters have considerably more stock to choose from than earlier in the year, putting buyers in a stronger negotiating position.
Are you looking to purchase a property in Australia? If so, you’ll likely need to take out a home loan and are looking for tips as a first-time borrower. By the end of this article, you should understand how home loans work in Australia and what factors you need to consider when taking out a loan.
Many Aussie expats use their time overseas to accelerate financially. Here’s how Australians living abroad are buying property back home and building long-term assets. Moving offers higher earning potential, global career experience, and the ability to accelerate financially in ways you can't back in Australia. Expats also recognise something else- the overseas window is powerful, but it isn’t permanent. This naturally raises the question: "How do I make the most of that time whilst I am here?"
If you’re an Australian expat navigating life abroad, the last thing you need is uncertainty around your finances back home. Whether you’re living in Singapore, Hong Kong, Dubai, or beyond, staying on top of your Australian mortgage from overseas isn’t always straightforward - especially during times of personal or financial stress.
In a lending market that’s moving in different directions at once, it's easy to assume that lower rates elsewhere mean it’s time to refinance. But for many expats, the smarter move might not be switching lenders — it’s simply getting clear on where you stand.
Rental yield often attracts the first attention, especially for Australians living overseas who want stable income from their property. But yield alone rarely reflects long term performance. The stronger approach is to balance income, capital growth potential, and your broader plans while living abroad.
TLDR SMSFs can work for Australians overseas, but only if strict residency rules are met. Most issues come down to control, contributions, and time spent abroad. If those break, the fund can lose its tax status.
If you would value a considered review of your position, we’re happy to talk.