The Parker Finance Blog covers topics of Home Loans, Investment
Loans, Commercial Loans, Business Finance, Car Leases &
Equipment Finance.
Pre-tax Time Checklist for Property Investors
If you’re like most property investors, trawling through boxes of receipts to tally up your allowable deductions is probably not your idea of fun. So, how can you make tax time a little easier? Here’s our pre-tax time checklist. 1. Gather all your documents in one...
Understanding the cash rate increase
News of the Reserve Bank of Australia’s (RBA) decision to increase the official cash rate has left many homeowners feeling uncertain and worried. For some, it’s the first time they’ve experienced a cash rate rise. If you’ve been left scratching your head wondering...
5 ways to finance your renovation
Renovating your investment property can boost its overall worth. Here are different ways to finance your latest property improvement project. Throughout the pandemic, all eyes were fixated on the phenomenal increase in property prices across the country. However,...
How to buy an investment property with no money down in Australia
Can you buy an investment property with no or little money in Australia? While it can be done, you need to be smart about it and consider a few key ideas throughout the process. For investors who have an established real estate investment portfolio, the splashed...
7 practical ways to increase your investment property’s value
How do you boost the value of your real estate investment? Here are practical ways to do it. If you’re an avid fan of the real estate show Love it or List it? Chances are there were times you picked your jaw off the floor after learning how much the value has...
‘Now was the right time’: RBA raises cash rate
Reserve Bank governor Philip Lowe has flagged more cash rate lifts are on the way, after the first in more than 10 years took place on Tuesday (3 May). The Reserve Bank of Australia has inched up the cash rate from its historic low level of 0.1 per cent, up by 25 bps...
5 red flags to beware of when investing in property
A property investment expert has dished out some advice on the red flags new investors should be steering well clear of. The chief executive of Buy Australian Property, David Pascoe, has warned that there are plenty of ways investors can run into trouble when...
What’s a fair price for a property?
How do you know how much to pay for a property? As a buyer, it can be tricky. Offer too much and you’ll end up paying more than market value. Offer too little and you risk missing out on your dream home or investment property. So, how do you ensure you’re getting a...
How to make a pre-auction offer
With auction clearance rates soaring above 80% in many markets in recent weeks, the competition amongst buyers for properties is often fierce. One tactic some buyers use is to make a pre-auction offer before the property goes under the hammer. The idea is that if you...
Rise in price caps a ‘little tight’ for some regions
Victorian broker Matt Turner welcomes the government’s announcement to raise the price caps for Home Guarantee, but warns some regions will miss out. It comes after Prime Minister Scott Morrison declared higher maximum property prices will come into force for new...