$2,000 Bonus for First Home Buyers – Claim Now
$2,000 Bonus for First Home Buyers—Claim Now! | Stellar Finance Group First-time home buyers have a lot to consider on their home-buying journey. However, with your broker’s expertise and advice, the home loan process can be much less daunting. To give eligible first-time home buyers a little extra support, I have access to a funder […]
New Parental Leave: Up to 20 Weeks Paid
New Parental Leave: Up to 20 Weeks Paid | Stellar Finance Group Are you and your partner expecting a baby before 1st July? Starting from 1st July 2023, the current entitlement of 18 weeks of paid parental leave can be combined with the 2 weeks of dad and partner pay entitlement, allowing couples to claim […]
Sydney House Prices Set to Soar Amid Population Surge
Sydney House Prices Set to Soar Amid Population Surge | Stellar Finance Group Domain has predicted that Sydney house prices will grow between 6-9% by the end of June next year. If this forecast pans out, Sydney’s median price will reach a new record high, ranging between $1.62 million and $1.66 million. For context, the […]
Perth: 2024’s Top Investment Hotspot
Perth: 2024’s Top Investment Hotspot | Stellar Finance Group The sunniest city in the country is also the most affordable—but not for long. Find out why smart investors are so focused on Perth in 2024. Here are five reasons why Perth should be at the top of your must-have list for an investment property: Western […]
Australia’s Shift: Rising Apartment Rents and Rebounding Prices
Australia’s Shift: Rising Apartment Rents and Rebounding Prices With apartment prices rising, rents surging, and the shift to higher-density living gaining pace, one of Australia’s leading property economists believes that this may mark the start of a major shift from housing to apartment living. The Ray White Group has reported that Australian apartment prices are […]
New 7.5% Short-Stay Levy: What It Means for Victoria’s Airbnb Operators
New 7.5% Short-Stay Levy: What It Means for Victoria’s Airbnb Operators As part of the Victorian government’s housing statement, 36,000 operators of short-term rental accommodations across the state will be subjected to a 7.5% levy on their annual revenue, starting from January 2025. The government has explained that the revenue raised from this fee, known […]
How Your Car Loan Can Impact Your Mortgage Application
How Your Car Loan Can Impact Your Mortgage Application Did you know that a car loan can significantly impact your mortgage application? When you apply for a mortgage, lenders typically evaluate your Debt-to-Income (DTI) ratio, which measures the amount of debt you have relative to your income. Since a car loan is considered debt, a […]
Title-Stamp Duty: You’re Going to Love This!
Title-Stamp Duty: You’re Going to Love This! | Stellar Finance Group We all know that stamp duty can make or break a purchase for some individuals, often serving as a significant barrier to home ownership. In response, the NSW state government is set to introduce new legislation that raises the threshold for stamp duty waivers […]
Surprising Drop in Distressed Sales Amid Australia’s Mortgage Cliff
Surprising Drop in Distressed Sales Amid Australia’s Mortgage Cliff There has been an interesting turn of events in Australia’s financial landscape. While the country has recently experienced its fair share of increases, from interest rates to property prices, one number stands out and offers hope: the decline in distressed home listings. Recent figures from Domain […]
Boost Your Home Buying Power: Simple Tips to Increase Borrowing Capacity
Boost Your Home Buying Power: Simple Tips to Increase Borrowing Capacity If you’re looking to buy a home, here are two simple steps that can drastically increase your borrowing capacity. Firstly, if you have any credit facilities, pay them down and close them if possible. Facilities like credit cards and Afterpay can lower your borrowing […]