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Friday, July 26 2024
8 Bed Duplex - $170K uplift

Click here for the Report.

This is pretty unique. You are basically getting 2 x 4 bedroom houses for slightly more than the price of one. 
 

  • New Duplex on Huge 1,806m2 block
  • 4 + 4 beds
  • 2 + 2 Bathrooms
  • 1 + 1 garage
  • Offering $170,000 plus uplift on completion
  • Over 6% yield
  • Initial holding deposit required - $1,000


Click here to get all the details

How to progress on this property
Click here to Book a call with me to discuss further

Greg Carroll
MTA Finance

Posted by: Greg Carroll AT 08:15 am   |  Permalink   |  Email
Friday, July 26 2024
Brisbane to hit $1M by September

Brisbane’s median house price will surpass the $1 million mark for the first time within the next three months and Perth will become a million-dollar city by June next year as their hot housing markets hit new peaks, Domain says.
 

Melbourne is also on track to hit a new high by the end of December if values continue to gain momentum.

Nicola Powell, Domain’s chief of research and economics said Brisbane and Perth will achieve their million-dollar milestones earlier than expected after their median house prices surged by 4 per cent and 6.6 per cent in just three months, respectively.
 

“Brisbane has similar housing dynamics as Perth, but it also has the large infrastructure spending ahead of the Olympics to support the housing market.”
 

In April, Domain predicted Brisbane could hit the million-dollar mark by the end of the year, but since then, prices have re-accelerated.


Over the past three months, Brisbane’s median house price has lifted almost $38,000 to a new high of $976,464. At this rate, the city only needs another $24,000 or 2.4 per cent increase to crack the $1 million mark.

If you are looking for ways to maximise your purchasing power so you you get into the market now then Book in with me for a Free Maximiser session to find out how you can boost your purchasing power and buy your dream home or investment property in the next 30 days. Click here to go straight to my calendar to make a time.

I look forward to being of help.

Greg Carroll
MTA Finance

Posted by: Greg Carroll AT 06:37 am   |  Permalink   |  Email
Wednesday, July 24 2024

This is why looking at things from more than one angle can make a difference.

I’ve just been reviewing the finance of one of my clients and have been able to bump up her purchasing power by 15% with one simple change.

The challenge is her income has been increased for some time with higher duties. She has been advised this will but ongoing, but it still waiting on her employer to issue the paperwork. Sound familiar?

Pretty much most lenders want to see pay slips which will reflect the higher duties. But without a formal letter confirming they will be ongoing they will only use the regular base income.

If we were in a flat or declining property market, No Problem. You would just wait until you had the letter then proceed. But in a market where prices are shifting up by 1-2% a month every day you delay is costing you.

The solution was to go with a lender who was happy to accept bank statements showing her pay being credited. As long as the credits are consistent the lender will use the net income shown for servicing.

She was also able to borrow above 80% without paying mortgage insurance. But that's another story.    

This is just another example of why just talking to one or two lenders can really limit your options. Which is why I work with over 40 different lenders. 

Are you looking ways to maximise your purchasing power? Then Book in with me for a Free Maximiser session to find out how you can boost your purchasing power and buy your dream home or investment property in the next 30 days. Click here to go straight to my calendar to make a time.

Posted by: Greg Carroll AT 01:14 pm   |  Permalink   |  Email
Wednesday, July 24 2024
8.1% Rental Yield

Multi-Income property with 8.1% yield

This high yielding property is 1km from local high school, 2km from shopping centre. There are multiple major employment hubs located within a 5km radius. This suburb has experienced 13.4% price growth so far this year with still plenty of upside. 
 

Click here for the Report.

If you want to progress on this property?
Reply to this email with a copy of your finance pre-approval.

Looking to buy multi-income property that fits your budget?
Check out our Property Search service where I actively hunt for property within your budget and provide you with the research and the numbers so you can make an informed decision before you buy. 
Click here to find out more.    

Greg Carroll
More Than Accountants

Posted by: Greg Carroll AT 01:08 pm   |  Permalink   |  Email
Wednesday, July 24 2024

Brisbane has grown 1.2% in the last month and 15.8% over the year.

Given there remains an existing undersupply of housing, not enough new homes being built nationally to bridge the gap (only 183,000 last year compared to the 240,000 a year required) and an increasing population – particularly in Qld which seems to be the place everyone wants to live then that rise is unlikely to stop any time soon. Even if the RBA increases rates.

Even if the market only grows 10% over the next 12 months that would mean a property selling today for $700,000 will cost $770,000 this time next year.

Unless you can save at a faster rate than the market is growing then you will be going backwards each month.

This is the reality of a rising market.

If you are looking for ways to maximise your purchasing power so you you get into the market now then Book in with me for a Free Maximiser session to find out how you can boost your purchasing power and buy your dream home or investment property in the next 30 days. Click here to go straight to my calendar to make a time.
 

Greg Carroll
More Than Accountants

Posted by: Greg Carroll AT 01:05 pm   |  Permalink   |  Email
Wednesday, July 24 2024
Dual Brisbane South 540m2

Hi {{ subscriber.first_name }}

Click here for the Report.

If you want to progress on this property?
Reply to this email with a copy of your finance pre-approval.

Looking to buy multi-income property that fits your budget?
Check out our Property Search service where I actively hunt for property within your budget and provide you with the research and the numbers so you can make an informed decision before you buy. 
Click here to find out more.    

Greg Carroll
More Than Accountants

Posted by: Greg Carroll AT 12:52 pm   |  Permalink   |  Email
Wednesday, July 24 2024

Tax debts to appear on Credit Files

The ATO has signaled its intention to report over 50,000 businesses to credit reporting agencies for outstanding tax debts.

This means if you have an outstanding debt it may appear on your credit file which could severely impact you or your business’s ability to obtain finance.

Most lenders will refuse credit if there are any outstanding tax liabilities and will require them to be repaid before any finance is offered.

The answer of course is to get on the front foot before it becomes a problem.

If you have equity available in your home or other property, then there are a number of finance options available depending on your situation.

If you have a tax debt and are looking for solutions then Book in with me for an initial chat to find out how how you can get this solved in the next 30 days. Click here to go straight to my calendar to make a time.

I look forward to being of help.

Greg Carroll
MORE THAN ACCOUNTANTS

Posted by: Greg Carroll AT 12:49 pm   |  Permalink   |  Email
Wednesday, July 17 2024
Multi-income property in bayside location

Hi {{ subscriber.first_name }}

Dual Income property in bayside location

A multi-income property that offers investment performance in a lifestyle location.  
 

  • 400m to water front
  • 600m to Shopping Center 600m
  • 900m to local school
  • 9km to major employment hub
  • Vacancy rate is only 0.7% 
  • Annual Rental growth 11.8%
  • 17% price growth last 12 months


Click here for the Report.

If you want to progress on this property?
Reply to this email with a copy of your finance pre-approval.

Looking to buy multi-income property that fits your budget?
Check out our Property Search service where I actively hunt for property within your budget and provide you with the research and the numbers so you can make an informed decision before you buy. 
Click here to find out more.    

Posted by: Greg Carroll AT 01:16 pm   |  Permalink   |  Email
Tuesday, July 16 2024
Brisbane up 1.2% for June
Posted by: Greg Carroll AT 06:50 am   |  Permalink   |  Email
Monday, July 08 2024
One-bed unit, no car park – the price? Almost $1m
Posted by: Greg Carroll AT 09:10 am   |  Permalink   |  Email

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