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Is LVR calculated via the valuation or the purchase price? Typically, most of the time when you buy an established property, the valuation would come back the same as the purchase price. This is the figure that lenders go by when providing finance. So basically, it doesn’t make any difference. However, on the odd occasion,…

Advantages of rentvesting What we’ve seen recently are people living in Sydney, whilst investing interstate in areas such as Brisbane or other regions where there’s more potential for capital growth with higher rental yields. Obviously, loan repayments in these areas are considerably lower also. For many, having to save the initial deposit can be a…

What is stamp duty? Stamp duty is a state government duty payable upon purchase of a property. Stamp duty is payable on almost all home purchases. There are however certain circumstances that may allow an individual to be exempt or to receive considerable discounts. This is where stamp duty exemptions comes into play. The NSW…

June 2019 rate cut – Why did the Reserve Bank cut the cash rate? On 4th June 2019, the Reserve Bank announced the cash rate would be reduced by 0.25% p.a. to a record low 1.25%p.a. The basis of this decision was to support employment growth and to attempt to boost inflation within back up…