02/03/2025
📈 When will house prices kick off again? 📈
The truth is no one really knows...
But house prices are being tipped by KPMG to rise slightly around the country this year, followed by growth 'more aligned with long-term averages' in 2026:
Here is their predicted rate of house price growth (year on year) for each capital city over the next two years:
- Sydney: 3.3% (2025), 7.8% (2026)
- Melbourne: 3.5% (2025), 6% (2026)
- Brisbane: 3.1% (2025), 5.6% (2026)
- Adelaide: 2.0% (2025), 3.6% (2026)
- Perth: 4.0% (2025), 4.6% (2026)
- Hobart: 1.8% (2025), 2.7% (2026)
- Darwin 1.2% (2025), 2.5% (2026)
- Canberra: 3.5% (2025), 3.5% (2026)
Why the predicted uptick in 2026?
KMPG points to the prospect of lower interest rates established throughout 2025 driving improved buyer confidence and sentiment into 2026.
If you’re in a position to buy now, get in touch today to find out your borrowing power. 👇
To find out more, contact State Home Loan Centre on:
☎️ – 1300 151 869 or 02 8067 8412
💻 – [email protected]
25/02/2025
🧐 Got your eyes on a vacant block? 🧐
Land loans, also known as vacant land loans, are dedicated to financing the purchase of a vacant block.
These loans work along the same lines as a traditional mortgage in that you pay a deposit, borrow a set amount and then select fixed versus variable rate options.
But they can come with unique conditions. 🤔
For example, you may need a larger deposit. Or you might have to pay a slightly higher interest rate than a regular home loan. Or the lender may even require you to construct a home within a set time period.
Other factors lenders may also want to assess can include access to the site, the shape and make-up of the land, and what service utilities you’ll be able to tap into. 👇
So if you’ve been eyeing off a vacant block, give us a call first to find out what land loan options might be available.
To find out more, contact State Home Loan Centre on:
☎️ – 1300 151 869 or 02 8067 8412
💻 – [email protected]
23/02/2025
🙌 Why 3-in-4 home buyers now use a mortgage broker 🙌
A record number of people are now turning to a broker to help them obtain finance when buying a home.
In fact, 74.6% of all new home loans were written by mortgage brokers in the September 2024 quarter (MFAA stats).
That's the highest market share on record and 3.1% higher than a year previously.
It's a testament to the valuable role brokers play in today’s complex lending environment. 😊
It’s not just about securing home buyers a competitive loan rate.
Australians are choosing mortgage brokers because of the trust we build and the broad support we offer. 👍
Put us to the test.
We’ll work tirelessly to find tailored solutions for your needs. ✅
To find out more, contact State Home Loan Centre on:
☎️ – 1300 151 869 or 02 8067 8412
💻 – [email protected]
18/02/2025
😁 Does home ownership make you happier? 😁
A report by Great Southern Bank has found that 8-in-10 Australians say their home is their happy place.
It also found that 85% of first home buyers believe home ownership will make them happier. 🏡
So, if you have been dreaming of buying your own home, get in touch with us today about strategies and government schemes that could potentially help make it become a reality sooner.
To find out more, contact State Home Loan Centre on:
☎️ – 1300 151 869 or 02 8067 8412
💻 – [email protected]
16/02/2025
📆 Refinanced recently? It could be time 📆
If you haven’t looked into refinancing since the start of higher interest rates, it’s time to ask yourself why? 🤔
New research shows it could be time for a home loan health check.
A recent analysis by RateCity shows the average borrower who has not refinanced their home loan in the past 12 months has paid almost $6,000 more interest during that period as a result.
So if you'd like to start 2025 off on the right foot, get in touch with us today for a home loan health check. 👇
To find out more, contact State Home Loan Centre on:
☎️ – 1300 151 869 or 02 8067 8412
💻 – [email protected]
11/02/2025
🚽 How much value does a bathroom reno add? 🚽
The humble dunny is quickly becoming a thing of the past.
Quality bathroom renovations typically cost $8,000 to $35,000 these days, says HiPages.
But, get this.
You could see a $4 rise in your home’s value for each $1 spent on bathroom improvements, according to LJ Ho**er research.
Even so, don’t be bum-steered into a bathroom makeover you can’t afford. 😅
We can explain the funding options available to you within your budget, that will still help give your bathroom a makeover.
Talk to us today to learn more. 👇
To find out more, contact State Home Loan Centre on:
☎️ – 1300 151 869 or 02 8067 8412
💻 – [email protected]
09/02/2025
🏡 Homes that are notching up above-market gains 🏡
If you think luxury homes lead the way for price growth, think again. 🤔
CoreLogic says the most affordable 25% of properties rose in price by 9.8% in 2024, compared to 1.5% across the top quartile of the market.
The growth gap is all about buyer demand for more affordable homes.
The catch? 🎣
The most affordable segment of the market can be a favourite among both first home buyers and investors.
So it can be advantageous to be ready to strike when the right property comes along.
Talk to us about home loan pre-approval and help give yourself a buyer’s edge. 👍
To find out more, contact State Home Loan Centre on:
☎️ – 1300 151 869 or 02 8067 8412
💻 – [email protected]
04/02/2025
🏖 Dreaming of buying a holiday home? 🏖
We've almost all been guilty of it.
You have a much needed holiday over summer, fall in love with the place, and then next minute you're dreaming of buying your own little place there for good. 😅
Sure, buying a holiday home involves a major initial outlay.
But it can also be a long term investment.
A weekender can also generate short term rental income. 👍
But there are also some things to be wary of.
When it comes to loans for a holiday home, you may need a solid deposit. And you'll also want to conduct plenty of research to get a feel for potential capital growth.
Higher investment loan rates may also apply.
On the plus side, you may be able to use home equity as a deposit on a holiday property.
Call us today to explore your finance options when it comes to purchasing a holiday home. 👇
To find out more, contact State Home Loan Centre on:
☎️ – 1300 151 869 or 02 8067 8412
💻 – [email protected]
02/02/2025
🏚 How much does a building and pest inspection cost? 🏚
Buying a home often brings a raft of upfront costs, and it can be tempting to cut back where possible.
But a pre-purchase pest and building inspection is one expense you probably don’t want to sidestep. 😅
As a guide, HiPages says a building inspection fee can range from about $200-$300 for a smaller property, $400-$500 for an average-sized house, and $700-$1000 for a larger sized property in a metro area.
Add in a pest inspection and you could be looking at around $100-$150 extra.
Looking to buy your next home? Get in touch with us to discover your home loan options. 👇
To find out more, contact State Home Loan Centre on:
☎️ – 1300 151 869 or 02 8067 8412
💻 – [email protected]
28/01/2025
🤔 What types of homes are most popular in Australia? 🤔
Australia has 10.8 million private homes, according to ABS statistics, giving buyers plenty of choice.
Houses (unsurprisingly) make up 70% of residences. 🏡
And while just 16% of homes are an apartment, almost 40% of online ‘buy’ searches last year involved apartments - so they're piquing more and more interest, according to Proptrack.
Townhouses are certainly popular too, making up 13% of homes.
Not sure which type of home you can afford? 🧐
Call us today to discover your borrowing power to help give you a clearer idea. 👇
To find out more, contact State Home Loan Centre on:
☎️ – 1300 151 869 or 02 8067 8412
💻 – [email protected]
11/02/2025
09/02/2025
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02/02/2025
28/01/2025