🏡 Sydney’s Housing Downturn: A time to buy?

Great analysis from Ubank’s Yva Young

An interest rate cut could see renewed buyer confidence and increased activity across the property landscape in Oz as a result of increased  servicability ! 

• A 0.25 of a percentage point rate cut would increase borrowing capacity by 2.5 per cent. 
• A 1 per cent rate cut could increase the amount that buyers could borrow by around 10 per cent to 13 per cent - increasing borrowing capacity by $100k and reduce monthly mortgage repayments on a $1 million loan by around $594 a month.

What does this mean for the mortgage market in Australia?

✔️ Increased Borrowing Capacity: Lower interest rates can boost affordability, enabling more Australians to enter the property market.

✔️ Refinancing Opportunities: Existing homeowners may look to refinance, capitalizing on better rates to reduce repayments.

✔️ Competitive Lending Environment: Lenders will likely ramp up their offerings, intensifying competition and driving innovation in mortgage products.

For those of us in the mortgage industry, it’s a pivotal time to support clients with strategic advice, helping them navigate both opportunities and challenges in this evolving landscape.

Source  AFRs Nila Sweeney from AFR https://www.afr.com/property/residential/sydney-s-housing-downturn-could-end-before-election-20250120-p5l5p5

The importance we are creating a property forum focussed on HNI > 10m and looking for professionals to service them - I think it might be food for you Here is the invite Let me know if you can make it Best Ivan https://events.humanitix.com/sydney-super-forum-powered-by-bbg-thought-starter-with-anna-porter knowing your numbers

Great article from Peter Knight - the franchise guru 

Why don’t most franchises like talking about finance at their conferences?

It’s almost like it’s taboo.

But we haven’t met one franchise owner yet who is not interested in the financial performance of their business.

In fact, most want to get a better understanding of how the financial side works!

The underlying reason is fear.

- Fear of being exposed.

- Fear of being caught out.

- Fear of looking stupid.

Finance is not intuitive. It doesn’t come naturally to many people.

But there’s a language of business that can be learned. And it’s so important that it is.

Could you imagine having a conference talk for your franchise owners on the financial performance of their businesses that wasn’t boring, full of jargon or scary?

Where your field managers also gained some key insights?

And where it was actually fun?

Financial education for franchise owners is a thing.

It leads to better financial acumen.

And this leads to better financial outcomes.

Simply type FIN ED in the comments and I’ll shoot you our one page flyer on the financial education workshop we’ve designed specifically for franchises owners.

This workshop consistently rates “excellent“, or “very good“.

Would you like to find out more?

* This pic was from our recent leadership finance training session with Gnocchi Gnocchi Brothers 

#Franchise #FranchiseBusiness #FinancialEducation #FinancialAcumen #FinancialKnowledge #BusinessAwareness #FinancialAwareness #Conference #FranchiseConference #TheFranchiseAccountant

My view for what it’s worth 

Totally agree with this:-

Financial education for franchise owners is a thing.

It leads to better financial acumen.

And this leads to better financial outcomes.

What you can measure - you can manage - and a key measurement of success is financial success - how can one expect to measure financial success if they cannot understand the global acceptable measurement of ROI - return on Investment -

Even if joys May be non financial - to be able to survive - the entity needs to be financially we run - be it a country, state, city, organisation, company or franchise !! 

Great comment from Paul Farmet 

We see this in most businesses... "I've never been shown how to make sense of the numbers, i'm just a tradie, lawyer, engineer, cafe owner etc".

Love the educating and how it opens up even more possibilities !

Keep educating Peter Knight

https://www.bsi.com.au/finding-the-perfect-10-customers-using-the-bbg-linkedin-forum-process/

https://bsi.skillsoptimiser.com/BusinessHealth/

The importance of knowing your numbers

Great article from Peter Knight - the franchise guru 

Why don’t most franchises like talking about finance at their conferences?

It’s almost like it’s taboo.

But we haven’t met one franchise owner yet who is not interested in the financial performance of their business.

In fact, most want to get a better understanding of how the financial side works!

The underlying reason is fear.

- Fear of being exposed.

- Fear of being caught out.

- Fear of looking stupid.

Finance is not intuitive. It doesn’t come naturally to many people.

But there’s a language of business that can be learned. And it’s so important that it is.

Could you imagine having a conference talk for your franchise owners on the financial performance of their businesses that wasn’t boring, full of jargon or scary?

Where your field managers also gained some key insights?

And where it was actually fun?

Financial education for franchise owners is a thing.

It leads to better financial acumen.

And this leads to better financial outcomes.

Simply type FIN ED in the comments and I’ll shoot you our one page flyer on the financial education workshop we’ve designed specifically for franchises owners.

This workshop consistently rates “excellent“, or “very good“.

Would you like to find out more?

* This pic was from our recent leadership finance training session with Gnocchi Gnocchi Brothers 

#Franchise #FranchiseBusiness #FinancialEducation #FinancialAcumen #FinancialKnowledge #BusinessAwareness #FinancialAwareness #Conference #FranchiseConference #TheFranchiseAccountant

My view for what it’s worth 

Totally agree with this:-

Financial education for franchise owners is a thing.

It leads to better financial acumen.

And this leads to better financial outcomes.

What you can measure - you can manage - and a key measurement of success is financial success - how can one expect to measure financial success if they cannot understand the global acceptable measurement of ROI - return on Investment -

Even if joys May be non financial - to be able to survive - the entity needs to be financially we run - be it a country, state, city, organisation, company or franchise !! 

Great comment from Paul Farmet 

We see this in most businesses... "I've never been shown how to make sense of the numbers, i'm just a tradie, lawyer, engineer, cafe owner etc".

Love the educating and how it opens up even more possibilities !

Keep educating Peter Knight

https://www.bsi.com.au/finding-the-perfect-10-customers-using-the-bbg-linkedin-forum-process/

https://bsi.skillsoptimiser.com/BusinessHealth/

Maria Micalef property predictions for 2025

🔮As we wrap up 2024, Maria takes out her crystal ball for predictions on the property market for the coming new year! 

Here’s a snapshot of some exciting growth predictions for Australian cities in 2025:

🌟 Darwin: Expected growth of 5–8%.

🌟 Adelaide: Affordable and thriving with a predicted 8–13% growth.

🌟 Brisbane: Riding the wave to the Olympics with 9–14% growth projected.

🌟 Perth: The shining star! Forecasted to grow by 14–19% after a stunning 24% increase this year.

📈These are just predictions, but they highlight trends that are worth exploring. Remember, diversification is key when it comes to property investment!🏠

Want a loan to help you buy a property ? Call me 

💬 Curious to learn how to find a property that aligns with your goals and have a chat with Maria? Comment below - dm me and I will refer you on with #referron

#PropertyInvestment #RealEstate2025 #AustraliaProperty #InvestSmart #PropertyDiva #PropertyInvestmentStore

Unit prices increasing as single homes are out of rice range

Thanks to Evan Thornley of Longview Investments - sharing  an article by  Kate Halfpenny in the age today shows corelogic research that Unit values are climbing in a string of Melbourne suburbs, bucking the trend of an overall sluggish market. Units are an option where single dwellings are being priced out for most 

Ryan Currie, of Nelson Alexander in Flemington says the ideal unit to look for -  good-sized rooms, 13 units in an older block, no high body corp fees or major future works - rather than high-rise developments

While a renovated single-front home in Kensington will set you back upwards of $1.1 million, Currie said: “You would be able to get an older style unit for under $600,000 – potentially under $550,000.”

Be careful of the following pitfalls :- 

• buying off the plan - do your research on the builder and project managers  
• Look at owners’ corporation fees and expenses.

If you are looking to invest or purchase a property , we at #bsifinance would be delighted to help you find the right loan or mortgage for you!

#propertyinvestment #propertyinvestors #propertyprices #REIT #AREIT #houseprices #mortgages 

https://www.theage.com.au/property/news/melbourne-suburbs-where-priced-out-home-buyers-found-the-next-best-thing-20241213-p5kybn.html

Housing values soar and more and more people are being priced out of the market - but there may be an option - help to buy programme

Data released on Tuesday by the Australian Bureau of Statistics showed the total value of the nation’s dwellings increased to a record $11.1 trillion to the end of September and house values have jumped by $3.8 trillion, or 52 per cent, since mid-2020.

And yet homeownership rates have fallen - with 20pc of people saying they cannot see themselves ever buy a home !!

And rents are increasing because of lack of supply !!!

How can banks and lending policies change this paradigm?

• reduce threshold
• 1st 40k of super to buy a home
• Help to buy scheme

The case for a housing fund and the government partnering with first home buyers to buy their first home 

Home ownership fosters stability, security and individual aspiration,”

So what business on property industry benefits from capital growth ?

• Banks ? Nope. Makes no difference to the bank if you house doubles in value or goes up 5%. 
• Developers ? Nope, they buy, build and flip. 
• Real estate agents and portals ? Nope - transaction fees on prices not exposure to wealth thru growth.

A Housing Fund - yes - they make their returns from capital growth…… partnering with home owners - whether thru shared equity for owner occupiership or dignified, secure rental. 

This is one of the many reasons why the government help to buy programme is genius and that every person who has the ability to partner with the government to buy a property should!! 

#propertyinvestor #propertyinvesting #houseprices #housingaffordability #housingcrisis

Source :- Evan Thornley https://www.linkedin.com/posts/evanthornley_the-newest-culture-war-battleground-australian-activity-7269813477970501633-3rq8?utm_source=share&utm_medium=member_ios

Sydney morning herald https://www.smh.com.au/politics/federal/the-newest-culture-war-battleground-australian-house-prices-20241203-p5kvbg.html