Onyx Blog: Property Investment Advice and Tips

Welcome to the Onyx Blog. This is where we review and comment on recent developments affecting property investors. We also provide information on investment strategies, mortgage finance and legal issues appropriate to different situations, for example, if you are self employed or approaching retirement. You can also subscribe to our blog via RSS or email.

Sydneysiders drawn to Brisbane’s more affordable homes

Sydneysiders drawn to Brisbane’s more affordable homes

With Sydney’s median house price hitting a record $1.1m, many residents in the Harbour City are looking north to Brisbane for more affordable housing. According to the Domain Group’s rental and house price report for the December quarter, Brisbane’s median house price is slightly above $540,000. New South Wales’ stronger economic performance in recent years […]

Australia’s economic rebalancing act is nearly complete

Australia’s economic rebalancing act is nearly complete

Australia has been undergoing a once in a multi-generation economic transition since the beginning of the decade, with household spending, residential construction and the nation’s services sector tasked with helping to offset the negative economic effects of the unwinding mining infrastructure boom. While it hasn’t been all smooth sailing over this period — a surprise […]

Own a home? Here are 7 simple tips to healthy finances for the modern day investor

Own a home? Here are 7 simple tips to healthy finances for the modern day investor

Would you like to save $1000’s a year of your own money? It really is easy and we can all do it. Follow these 7 easy steps to healthy finances and treat your finances like you would your health, hobbies or taxes. You need to invest a small about of time keeping them ‘healthy’ to […]

5 ways investors could be saving millions in tax

5 ways investors could be saving millions in tax

According to BMT Tax Depreciation, which has worked with over 400,000 Australian property investors, there are millions of dollars in unclaimed tax that investors are missing out on every year. 1. Not claiming enough According to CEO of BMT, Bradley Beer, the first mistake investors are prone to is not being thorough enough with their […]

You spoke, we listened!

You spoke, we listened!

You may have noticed our weekly emails have paused over the last few weeks, this is because we will no longer focus on just promoting properties. We are really excited to announce our new holistic approach, which will focus on what you want and need to know to make the most from your investments. We […]

HOUSING AFFORDABILITY IMPROVED

HOUSING AFFORDABILITY IMPROVED

The latest Adelaide Bank/REIA Housing Affordability Report shows that the proportion of the median family income required to meet average loan repayments is 29.4%, which is the best level since the June quarter 2009. Victoria recorded the greatest correction with the loan repayment-to-income ratio decreasing 1.7 percentage points to 31.0%.” Rental affordability improved as the […]

ARE INVESTMENT PROPERTIES AND PRINCIPLE PLACES OF RESIDENCES THE SAME?

ARE INVESTMENT PROPERTIES AND PRINCIPLE PLACES OF RESIDENCES THE SAME?

Should you focus on making money from a property, or is it more important to make sure your needs and wants are being met? I often hear the dilemma of buyers deciding what to focus on when purchasing their next property (or their first one), particularly young couples – typically the guy will want to […]

MORE LENDERS TRIM THEIR RATES

MORE LENDERS TRIM THEIR RATES

  Bendigo Bank is one of several lenders to announce fresh interest rate discounts, shaving 10 basis points off its residential lending interest rates. Under the bank’s owner-occupied mortgage offering, loans greater than $500,000 now carry an interest rate of 4.13%, down from 4.23%. For loans between $250,000 and $499,999, borrowers can expect an interest […]

HOME APPROVALS SURGE IN JULY

HOME APPROVALS SURGE IN JULY

There has been a surge in approvals for new dwellings, surprising many commentators. Home approvals rose 11.3% in July and were up 3.1% in annual terms, according to figures from the Australian Bureau of Statistics. The July figures were driven mostly by a 23% rise in the “other dwellings” category, which includes apartments and townhouses, […]

STATE BY STATE GUIDE TO FIRST HOME OWNERS GRANT

STATE BY STATE GUIDE TO FIRST HOME OWNERS GRANT

Right across Australia first-time home buyers may be eligible for a grant to assist them in purchasing their home. Find out how much you may be eligible for with our state-by-state guide to all First Home Owners Grants in Australia. Visit your local revenue office website for full criteria by clicking on your state image […]