There seems no reason to have an all in one money site, if the largest purchase of our lives was left out! Property and not just the one we live in can be an excellent investment. With this in mind we are providing information on the areas of property that everyday Australians are involved in.

We cover the process of buying and selling, organising finance in a step by step guide so that you are aware of what process the Banks and your Solicitor go through. We go through the types of home loans and how to pay them off faster.

Our focus then narrows to investing in residential properties. We cover areas like rent or buy, what to look for in a rental property, as well as non tax things to consider on investment properties.

There are also calculators to enable you to work out the cost of buying a property (ie stamp duty etc) as well as the repayments on a home loan.  

Most of us have seen house prices going up providing an illusion that we are getting wealthier! The reason we are not better off is that almost everyone else's house has gone up in value as well. When you now sell, you pay more in Real Estate Agents commission on the higher sale price. When you now buy, you are paying a higher amount for the new house as it has gone up in value as well! On this higher price you have to pay extra stamp duty costs.

It is most likely you will always live in a dwelling that you own. What it is worth is not as important as you may have thought. It makes you wonder whether taking out that extra loan against the house for the new car, boat, caravan, holiday was worth it doesn't it?

You are bombarded with advertising to take advantage of the increased equity in your home. This can sometimes be disastrous if events go against us like a rise in interest rates, poor performance of our investment or loss of employment.

We trust our houses section is able to provide you with the guidance you need.