It is about first home buyer.
Imagine opening a cafe and not just surviving the first year, but actually turning a profit. That’s exactly what this ambitious couple did. They managed to recoup most of their initial investment in equipment and, incredibly, didn’t even have to touch the savings they’d set aside for their first home. Despite their short business history … Read more
Australia’s Federal Election: Key Issues? Housing and Infrastructure Investment Although the date for Australia’s federal election has not yet been announced, the atmosphere feels like we’re already in election mode. With political parties unveiling their distinct promises to win over voters, today we’ll delve into two standout topics: housing support and infrastructure investment. 🏡🚗 Housing … Read more
1. Background Information Property to Purchase: $900,000 Apartment (New South Wales) Income Details: Restaurant Business Income: Recent annual profit of $90,000 Husband’s Income: $50,000 (wage) Wife’s Income: $40,000 (wage) Family Composition: Couple with two minor children Savings: $70,000 (to be used as a deposit) 2. Purchase Plan Purchase Price: $900,000 Loan-to-Value Ratio (LVR): 95% Loan … Read more
1. Background Information Property to Purchase: $370,000 Townhouse (Victoria) Personal Information: Age: Late 20s Single, No Children Income: Annual salary of $67,000 Savings: $23,000 (to be used as a deposit) 2. Purchase Plan Purchase Price: $370,000 Loan-to-Value Ratio (LVR): 95% Loan Amount: $351,500 Deposit (5%): $18,500 (from savings) Stamp Duty: Fully exempt under the First … Read more