Building your new home is an exciting, but daunting process. Our Lending Analyst Nikki is currently building her dream home with her husband Damien, and is sharing her experiences along the way, including a short video of what to expect at each progress stage.
Building your home is an exciting, but daunting process. There are a number of benefits to building your own home, but knowing where to start is the essential first step. A construction loan can be used to build a brand new home, or complete substantial renovations to an existing property. There's more than just the cost of the new build to consider - including all of the associated costs with building a new home.
Significant property price rises in Brisbane have often been attributed to high Net Interstate Migration rates – the trend for many Australians form make the move North from the more expensive regions surrounding Sydney & Melbourne, without sacrificing the big-city amenities and business opportunities.
What is ‘over-capitalising’ and how do I stop it from happening? Many people make the mistake of over-capitalising when it comes to home renovations. Put simply, over-capitalising is when the cost of renovations outweighs how much value it will add to a property. Here's some tips & tricks to help make sure you are spending your money on renovations wisely.