By Design Financial Solutions

🏠📈 Property Prices Reach Another Record High! 📈🏠


Capital city house prices rose by 1% to $1.112 million, while unit prices increased by 0.6% to $637,578 this quarter. Sydney houses surpassed $1.6 million for the first time, up 2.1%. Brisbane, Adelaide, and Perth also saw record highs for houses and units. Perth units surged 8.1%, the fastest in 3.5 years.


We wrote an article and sought updates from the experts confirming the latest property market trends and what's driving these changes!

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Property prices reach another record high   Property prices have hit yet another record, with capital city house prices rising by 1 per cent, while units are also seeing their values increase. […]

Equip your business for success with these four essential insights into equipment finance! 💼💡

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Four things you need to know about equipment finance     Regardless of your business size, having functional and modern equipment is not just a luxury if you want to remain competitive – but a […]

Running low on business cash reserves? Discover two quick solutions to boost your business finances and keep operations thriving! Learn about asset refinance and low doc working capital options now. 💼💡

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Quick ways to boost your business’ cash reserves       With the first quarter coming to an end, many businesses are taking stock and assessing their cash position. Typically, the December to January […]

1 year on and still useful info for those looking to buy property using their superannuation fund.

A beginner's guide to buying property through your super Hearing that other people have used their super to buy a property can leave you feeling like you're missing out on a loophole, so how does it work?

🏍️ Thinking about financing your dream motorcycle? We have just written an article about the downsides of cheap dealer motorbike finance so you can make informed decisions. Don't let the allure of low-interest rates blindside you from potential long-term overpayments!

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What’s the downside to cheap dealer motorbike finance?       On the surface, being able to get a low or even zero-interest loan for a motorcycle might sound appealing. However, there are a […]

Our latest BLOG article explains the key factors influencing car loan interest rates. Read our latest article to find out more...

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Understanding the factors that impact interest rates on car loans       When it comes to financing a car purchase, understanding the factors that influence interest rates is crucial. Not all car loans are going […]

🏡 Curious about investing in property but worried about high prices? Check out our latest article for creative solutions! From renting out your home for extra income to teaming up with others, we've got ideas to help you get started on your journey to real estate wealth. Read now and unlock your path to property ownership! 💰

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Creative ways to own an investment property     With the surge in property prices over the past few years, the barrier to entry has never been higher. However, there are many different […]

We often get asked when the right time to buy a property is and our answer is always the same: The right time is when you have your finances in order, the interest rate is competitive for your situation and you have found a suitable property for your needs/objectives.

The market will forever change and waiting for 'the right time' can come at an opportunity cost to you.

When YOU are ready, make the move!

🏠🆚🏢 The ongoing battle between houses and units intensifies! With housing affordability remaining a pressing concern, many are contemplating the trade-off between space and proximity to amenities. Will this trend reshape the real estate landscape? Read our latest BLOG article to find out more.....

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The house vs. unit divide continues to grow     The difference between the price of units and houses continues to grow, with homes now costing $300,000 more.   According to CoreLogic, the “house […]

Our clients are our priority. We take action on their behalf every year on their settlement anniversary, by approaching their bank to try to negotiate a further discount on their existing loan interest rate, without them even asking us to help out! We then arrange a meeting or send a quick email notifying them of the outcome and offering a more detailed comparison if they want it. We know that every dollar saved by our clients is money in their pocket, rather than adding to the bank's profits and this is important.

This week was an especially rewarding week for us, as we were able to negotiate a discount of 1.33% on a client's existing home loan with us. The client owns a property within their Self Managed Super Fund (SMSF) and the savings will allow them to retire sooner with more money available to them!

Our priority is to help our clients, every single day. Can we help YOU?

🏡💰 House prices are now surpassed the $1 million milestone! 📈 According to the Real Estate Institute of Australia (REIA), major capital cities witnessed a remarkable surge in house prices over the past year, with the national median house price hitting an all-time high of $1,005,242. No surprise that Sydney leads the pack with a median house price of $1,595,310, while Darwin remains the most affordable at $560,000. Despite challenges, the housing market continues to show resilience and growth. Read our latest BLOG article to find out more....

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House prices reach the $1 million mark     House prices have officially climbed above the $1 million mark for the first time after a strong 12 months of growth.   According to […]

Once you have found your dream property, it’s time to check that the property is structurally sound and there are no unexpected pest issues.
Sometimes our clients have a cooling off period in their sale contract which allows for these inspections to be completed and sometimes they don’t exchange contracts until the reports are back, but either way, it is important you know your rights and have a great conveyancer or property lawyer in your corner to support you through the process.

If you have any home loan questions, reach out to us! We are here to help.

In our experience, there are five key reasons businesses might want to consider applying for a business loan to address their financial needs:

Flexibility – Business loans can be used for various purposes, such as expansion, equipment purchase, or working capital.

Speed – The loan application process is often streamlined, providing quick access to funds.

Higher loan amounts – Business loans can potentially offer higher borrowing limits compared to other financing options.

Ease of use – With straightforward terms and repayment structures, business loans are accessible to a wide range of businesses.

Confidentiality – Business loans maintain confidentiality, ensuring that customers and clients are not impacted by the financing arrangement.

🏠💡 When investing in property, understanding your borrowing power is crucial. Lenders assess factors like stable income sources, financial obligations, and employment history. Exploring options with a mortgage broker helps find suitable terms and rates. Additionally, higher deposits reduce risk and can lead to better rates. Government schemes may also assist first-time buyers. Let us assist you in maximising your borrowing potential! 💼🔍

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Understanding your borrowing power     It’s often said that property investment is a game of finance more than real estate. One of the key factors that determines how the […]

"Thinking of getting a car loan? We help our clients every day to get car loans, but with so many car loan providers in the market, we have written a quick article on what to watch out for, including hidden fees, hefty penalties for early payments, and promises of guaranteed approval. Remember, responsible lending is key! Consider consulting a finance broker to navigate your options and find the best deal. 🚗💼

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Three things to look out for with your next car loan     These days getting a car loan is commonplace and most car buyers are given a host of offers from both lenders and car dealerships. […]

Property prices have surged 32.5 per cent since the start of COVID four years ago, according to CoreLogic.

Prices increased the most over the past four years in Perth (53.8 per cent), followed by Adelaide (38.5 per cent), Brisbane (37 per cent) and Darwin (34.2 per cent).

Meanwhile Sydney values increased 28.6 per cent and Melbourne prices jumped 23 per cent.

Regional Australia has outpaced the capital cities, with values rising 35.2 per cent compared to 31.5 per cent for the city.

When you submit an application to a bank for a home loan, one of their considerations is your ‘character’. What this means for you is that lenders are now looking at how you have managed your money in the past and they see it as a reflection of how you will manage your cashflow in the future. Questions like have you paid your rent on time, have you been saving regularly and consistently, have you got credit cards or overdrafts and how have they been managed?

On top of this, they will look at job stability and your living arrangements-have you moved often?

We love guiding our clients through the home loan application process, and ensuring there are no surprises for lenders or clients. Contact us if we can help you.

We recently wrote an article on our blog about using a broker, but did you know that around 70% of all loans these days are settled with the help of a broker?

We surveyed our clients and found that they came to use because they wanted:
-Help with getting the lowest interest rate;
-Guidance and expertise on loan structuring;
-Assistance because they have a complex situation (they are self employed, buying in their super fund, have started a new job, are on maternity leave etc);
-Wanted to delegate the research of which lender to go with and knew we work with over 30 different banks/lenders;
-They wanted someone representing them and working in their best interest, not the banks!

Have we missed any other reasons you went with a mortgage broker? Comment below.

Buyers are back searching for properties in regional locations, with price growth now
outpacing the major capital cities.

According to CoreLogic, regional Australia recorded a quarterly increase of 1.2%, compared to capital cities that increased by 1% over the same period.

Capital growth remains varied across Australia& #39;s 50 largest regional areas, however many of the standout performers were from WA and Queensland. WA’s coastal towns of Albany and Bunbury recorded the highest quarterly rises, with value growth of 7.7% and 6.2% respectively, ahead of Northern NSW's Lismore (5.5%), and Townville (4.7%) in Queensland's North.

🏡💼 Looking for mortgage guidance? We have written an article explaining five ways mortgage brokers can help borrowers navigate the current environment. Don't navigate the mortgage maze alone—let us guide you! 🌟

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Five ways mortgage brokers can help borrowers     Over the past few years, borrowers have been challenged like never before with rapidly rising interest rates catching many off guard.   When interest […]

🏠 Exciting times ahead for the build-to-rent sector (BTR) in 2024! With Australia's growing population, demand for rental properties and student accommodation is on the rise. 2023 marked a record year for the BTR industry, with commercial residential deal activity soaring by 77%. Government changes and tax cuts are further boosting the sector's growth. Stay tuned for opportunities in this booming market! 🚀

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The build-to-rent sector set for a strong 2024     The build-to-rent sector (BTR) is set for a strong year ahead, with Australia’s surging population growth likely to drive increased demand for both rental […]

Everyone knows that if you don’t have 20% towards a property purchase, then you end up paying a one off insurance premium (called ‘Lenders Mortgage Insurance-LMI) which protects the bank, not you..

We are also finding it is getting harder and harder to save 20% towards a property, but don’t dismay!

We love working with First Home Buyers and have a few suggestions that our clients have used in the past to get their foot in the door of their first home, including:

-Government grants and schemes for First Home Buyers
-Cash gift from parents
-Work in a listed profession that lender’s waive LMI
-Family guarantor loans

Reach out to chat today, we love our clients getting keys to their new home!

We generally find there are 2 types of investors: those looking to build equity by purchasing properties in suburbs that are growing in value ahead of neighbouring suburbs vs investors looking to buy and hold property, relying on their tenants to pay down their mortgage to increase their ownership in the property. Either way, it's a long game.

What type of investor would you be?

🌟 Exciting news for commercial real estate in 2024! Forecasts are predicting a rebound in transactions, with lower prices drawing in more buyers and potential interest rate cuts on the horizon with renewed interest in office spaces and industrial assets and retail. Get ready for new opportunities in the commercial landscape! 🏢✨

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Commercial activity could increase in 2024     Commercial transactions could start to rebound in 2025, with lower prices starting to appeal to buyers along with the potential for interest rates to […]

Every day we help people analyse their spending habits, because that is what is needed for a loan application, but what if the only number that you monitored, analysed and tracked in your bank account was your weekly or monthly SAVINGS??

How would this shift in mindset affect your thinking and your actual money habits?

We feel like it would offer a more positive, enjoyable experience for most, as we would find happiness in little wins like reaching savings targets, or beating the previous month's amount saved. Would you reach your target faster? Tell us your thoughts!

If, like many of our clients, if you are planning on buying an apartment or unit, you will need to consider strata fees in your future ongoing household costs.
This expense covers things like maintenance of gardens and common areas in and around the building.
Part of our job is to make sure our clients have planned for these expenses in their family budget-reach out if you have any questions or need some help!

We agree that having an opinion is important, but leading by example and showing others what is right is far more powerful.

🏡📈 Did you hear the news? Perth and Brisbane are set to lead property market growth in 2024. Perth is expected to see a 9.1% increase, with Brisbane following at 4%. Brisbane's strong population growth and anticipation for the 2032 Olympics are driving factors for its projected growth. Overall, capital city prices are predicted to rise by 2.7% this year. Keep an eye on these markets for opportunities and let us know if you need help with funding your next purchase. 🌟


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Perth and Brisbane set to lead growth in 2024     Property prices are expected to continue growing, with the smaller capital cities of Perth and Brisbane expected to be the top performers over the […]

Have you ever wondered what costs need to considered when selling a property? Some to consider include:

-Real Estate Agent listing/selling fees
-Property styling and staging fees
-Potential early exit mortgage fees and/or government mortgage discharge fees
-Conveyancing fees
-Capital Gains Tax (on investments)

We are always happy to chat if you need help with covering the costs of selling and/or buying a property.

Wanting to buy a caravan to embark on an adventure? 🚐✨ Before you buy your new home on wheels, consider these five key factors when exploring caravan finance. From interest rates to loan terms, optional extras and more make informed choices for a smooth journey to caravan ownership. 🌟🔐

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Five things to consider before getting caravan finance     One of the best parts of the summer holidays is packing up the car and heading off on a family holiday.   A popular […]