Australians have always had a dream of owning their own home. Some might call it an obsession. And whilst the dream is well and truly alive, the growth in the past five years of a new type of property buyer called the rentvestor, shows that some a[…]

Not only does Spring time herald greater property market activity, it also signals an increase in insect activity in our homes!

For years now, property pundits have been warning of a coming Armageddon in the Australian property market. In 2004, The Economist magazine described Australia as “America’s ugly sister” with the OECD warning the Australian housing market was more[…]

August was Deposit Power’s strongest trading month this year!

First the good news…… the worst of the property market declines appear to be behind us and it now looks like we are entering a period of greater stabilisation for the remainder of this year and into next.

You’ve done all the hard work getting the customer’s loan pre-approved so they can go to auction. But as we all know, the auction process is very stressful for many people. So below are some tips to help them achieve success. We also discuss auction[…]

After sitting on the sidelines for the past few years, first home buyers have re-entered the market following a decline in property prices over the past 12 months, according to Grant Bailey, General Manager of Deposit Power.

So does that mean the market decline is over?

A bank guarantee is an undertaking issued by a bank to a beneficiary for a specific amount of money that has the effect of guaranteeing the liabilities or commitments of one party to another. A bank guarantee cannot be issued unless the bank has[…]

Now that the Federal election is over and brokers can breathe a sigh of relief, we can all get on with helping our clients without looking over our backs.

Deposit Power welcomes the Coalition’s proposed First Home Loan Deposit Scheme that will offer up to $500 million in equity through the National Housing Finance and Investment Corporation. General Manager of Deposit Power, Grant Bailey stated "given[…]

Sydney first home buyer Luke Handren found his first opportunity to break into the housing market when it cooled in 2017.

In light of the recent headwinds that the mortgage broking industry is currently facing, we wanted to let you know that Deposit Power stands shoulder to shoulder with Mortgage Brokers in their efforts to ensure this important national industry,[…]

The struggle to save is real with the time now being more than 5 years to save for the average deposit amount.

Despite the doom and gloom in the media of further property declines, we do not anticipate prices will experience the sorts of falls that some commentators are predicting. There are several reasons for this.

With the festive season fast approaching, we would like to take this opportunity to advise that…

In a declining property market, one of the potential pitfalls is the valuation on the completed property not valuing at or near the purchase price on the contract of sale. There are a number of ways you can guide your client through these[…]

In an October 2018 survey of over 30 economists, 87% believed the next rate move by the RBA will be an increase. No surprises there really, after all we have had an extended period of historically low interest rates. Interestingly though, the vast[…]

Is it time to say goodbye to your house keys? Very possibly! The next generation in home security is a home that is capable of recognising you and your needs. Can you imagine not having to fumble about with the climate control and worrying about if[…]

We hear people say it all the time, real estate is all about the location! When it comes to buying property it's never a one size fits all solution.