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By - Mayfair Finance Australia

How much has your home’s value risen by?

We’ve all heard the rule of thumb about property being a long-term investment. Well, get this: many home owners have seen the value of their property quintuple within the timeframe of a typical 30-year mortgage. Ask any long-term home owner what they originally paid for their property, and chances are they’ll respond with an eye-wateringly low figure. Plenty of Australians

By - Mayfair Finance Australia

Property market set to blossom this spring

The sun is out – and so are the buyers! Spring is traditionally a peak period for property, and there’s a good reason why spring 2024 is shaping up to be a bumper season. Here’s how to prepare if you’re planning to buy in the weeks ahead. At last! It’s time to pack away the winter woollens, and dust off

By - Mayfair Finance Australia

How to buy an investment property using your home’s equity

Want to grow your investment portfolio but have most of your wealth tied up in your family home? You may be able to leverage recent gains in the property market as equity for an investment property. Let’s take a look. We all have a few financial goals. And right now, investing in a rental property is one of the more

By - Mayfair Finance Australia

Does your job come with home loan perks?

Your job can provide more than an income. When it comes to being approved for a home loan, certain roles can enjoy favourable treatment from lenders. So today we’ll look at some of the occupations that can offer up home loan perks. One of the first things a lender will look at when you apply for a home loan is

By - Mayfair Finance Australia

Why multi-bedroom homes could be appealing for investors

A cost of living crunch is driving a new trend among renters – and it’s changing the wish lists of some property investors. We reveal what’s happening across the rental and investment markets. Investors have been a driving force in the property market lately, with lending to investors up almost 30% over the year to May 2024. Part of the appeal has

By - Mayfair Finance Australia

Low deposit scheme opens up to New Zealander visa holders

Kiwis hoping to buy a first home in Australia have just scored gold! The popular Aussie low-deposit home buying scheme has been opened up to visa holders from across the Tasman. Here’s what you need to know. Sure, the Kiwis have the All Blacks, the glaciers and landscapes fit for a Hobbit. But Australia offers New Zealanders something that could