February 2014

Property Market Information: More than 2,000 apartments approved over one day in Melbourne

By the resi financial blog team, 27 February 2014

Melbourne apartment investments

Melbourne could be a great opportunity for those interested in purchasing apartments in the near future, with the Victorian Coalition government approving over 2,000 new units for the city earlier this week (February 25). Over the course of one day, five new high density developments were fast tracked, which could be great news for potential property investment in the Victorian capital city. 

Minister for Planning Matthew Guy said the decision to bring forward these inner city housing developments was ...

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Home improvement tips: Easy DIY tips to rejuvenate your home

By the resi financial blog team, 27 February 2014

Cheap DIY tips for the home

If you're hoping to sell your home in the near future, the prospect of renovating your property can seem like a daunting, expensive experience. After all, the costs of materials, skilled labour and everything else involved can very quickly add up and make these renovations feel like more trouble then they're worth - especially if you're just planning on moving out. 

However, there are a number of renovations that can be undertaken on your own and for a minimal cost th ...

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Hedge your bets with a split loan

By the resi financial blog team, 27 February 2014

Split home loans

With the Reserve Bank of Australia indicating that the days of rate cuts are coming to an end, it’s a good time to reassess whether the home loan you have is still the best one for your situation.

When rates are expected to increase, many think about fixing their mortgage. Fixed rates are attractive because of the certainty they provide but you don’t benefit from any fall in rates and you’re generally locked in until the end of the term – the most common being three years.

Variable loans are much more flexible but if rates rise, then your ...

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