Wealth Build Australia in Gold Coast, Queensland | Investing service

Wealth Build Australia

Locality: Gold Coast, Queensland

Phone: +61 7 5504 7900

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• Property investment firm
• Investing service

25.01.2022 Follow us on instagram at @wealthbuild_australia #quoteoftheday #home #mansion #wealthbuildaustralia #motivation #motivationalquotes #inspirationalquotes #inspire #wealth #goals #architecture

25.01.2022 A little home inspiration.

23.01.2022 Be sure to saturate your focus with the things you WANT in life. We naturally move toward the things we visualise and focus on. Think outside the box!

20.01.2022 Who likes the new Jaguar F Pace? #jaguarfpace #yayornay Paul Gover road tests and reviews the Jaguar F-Pace diesel with specs, fuel consumption and verdict at its Australian launch. Finally, there is a Jaguar that can tow....Continue reading

19.01.2022 May 27, 2015 Why banks reject finance The rate cuts Australias currently experiencing are having a huge effect on what people are able to borrow. Its especially good for first homebuyers and investors who may be able to buy properties now that they couldnt afford six months ago with higher interest rates.... BY RYAN CRAWFORD However, just because you can borrow more doesnt necessarily mean the bank will approve your loan application. There are many reasons your loan may be refused. A lender may turn down a loan application even if the financial side of the loan stacks up. Here are the main reasons I see loans being refused and my tips on improving your chances of being accepted: * You have credit report defaults or a low credit score Missed or late bills and repayments will show on your credit file and these can adversely affect your chances of getting a home loan. Ensure your bills are paid on time and resolve past disputes quickly. You can also check your credit file using services such as Veda Advantage. * The lender may believe you wont be able to afford repayments based on your financials Lenders examine your income, living expenses, and other financial commitments to evaluate how much they think you can afford to borrow. Work out how much you think you can afford and create a budget to see how much of your income is available to meet home loan repayments. There are some great tools and calculators online to assist with this. * You dont have adequate savings in your bank accounts You might have your deposit covered as well as enough income to meet your monthly repayments, but the lender might still say no based on your savings history. Demonstrate to the lender that youre capable of managing your finances and meeting commitments with a savings plan. * You dont have an adequate deposit or equity Lenders have minimum deposit requirements and depending on the property and application you may be required to have more. Ask your lender what size deposit theyre looking for before you apply for the loan. This will help with your savings and identify the type and cost of property you can afford. * The property itself, for various reasons, is deemed too high-risk Property criteria can affect your application, such as the area the property is located (for example, some banks wont lend in certain regional areas) or small building size apartments. Check with your lender that the property youre interested in is acceptable for a loan. The bottom line is, when applying for a loan you need to have all your financial information up to date. Apply once youre prepared and be clear about your investment goals and projections for the next three to five years. Show the lender that youve given a lot of thought to purchasing your next investment property and how you intend to manage it.

17.01.2022 Come along to a free event in your area and find out how you can pay off a 25yr mortgage in 7 years or less!

17.01.2022 Wow! This story is absolutely compelling. Watch for yourself why this Ross Greenwood story has gone viral. http://www.9jumpin.com.au/show/today/videos/4284093855001/

17.01.2022 Wealthy Chinese invest millions into Australian property. http://wealthbuildaustralia.com.au/wealthy-chinese-invest-/

17.01.2022 January 15, 2016 Record home purchases CommSec Research has revealed that the value of investor home loans rose by 0.7 per cent in November 2015 the first increase in seven months. Australian Bureau of Statistics (ABS) data also shows that the number of loans (commitments) for people who are buying or building homes to live in (owner-occupiers) rose by 1.8 per cent in November to a 6-year high....Continue reading

16.01.2022 What does it mean for the Australian property market now that Trump is President of the US. http://wealthbuildaustralia.com.au/donald-trump-president-/

15.01.2022 May 29, 2015 5 things your tenants really hate Fostering a good relationship between all parties to a tenancy will enable everyone to get so much more out of the experience....Continue reading

14.01.2022 Five steps to reach your money goals in 2017 Andrew Zbik January 4, 2017 Five steps to reach your money goals in 2017...Continue reading

13.01.2022 May 15, 2015 The 2015 Budget: What it means for property Treasurer Joe Hockey handed down his second Federal Budget this week and while there are many initiatives for small businesses and families, the budget virtually ignored our housing markets....Continue reading

12.01.2022 July 17, 2015 House prices 30% undervalued: RBA researcher Australian house prices are 30 per cent undervalued, the widest such gap in three decades, according to Reserve Bank senior research manager Peter Tulip. ... crawfordBY MICHAEL YARDNEY That statements going to create some controversy. Delivering the preliminary research results to a session on housing at the Australian Conference of Economists in Brisbane recently, and stressing that they should be attributed to him and not the bank, Tulip said that whereas a year ago home prices were fairly valued, today theyre about 30 per cent undervalued. Its all to do with interest rates The change has been brought about by much lower mortgage rates and by changes in bond prices that imply mortgage rates will hug their present historic lows for a further decade. The latest CoreLogic RP Data figures show that nationally property values are up 10 per cent over the last year, with Sydney house prices having climbed 16.2 per cent and Melbourne property prices 10.2 per cent Despite this, Tulip and his co-author Ryan Fox argue that rising prices say nothing about whether home ownership is good value compared with the alternative, which is renting. He told the session: We find that owning a house costs 30 per cent less than renting. That is, houses are 30 per cent undervalued. Another way of interpreting our results is to look at the expectations underpinning current house prices. Our results suggest that those expectations currently look fairly reasonable. They do not show unusual optimism, they do not show irrational exuberance. But this hasnt always been the case. Just one year ago when we last published results, we found that houses were fairly valued that is, the cost of buying was about the same as the cost of renting. What has changed since then is that real long-term interest rates have fallen substantially. That fall made housing more attractive relative to renting, despite the increase in prices. Its cheaper to buy than rent Tulip said the annual cost of renting was likely to be 3.9 per cent of the propertys value, compared with 2.7 for owning. His research compared the cost of renting and buying identical properties, avoiding the common error of comparing national average rents with national average prices. Because owned homes are typically bigger and nicer than rented homes, a lot of the apparent price difference reflects a quality difference. They calculated the annual cost of a bought home from the purchase price, the transaction cost, the expected mortgage rate and the running and depreciation costs offset by expected capital gains. My thoughts The research shows that owning a house is 30 per cent cheaper than renting but that doesnt mean that houses are 30 per cent undervalued. It is, however, another nail in the coffin of those waiting for the property bubble to burst.

12.01.2022 Keep your eye on the prize David Traeger from DT Property management says the number one factor in building a decent portfolio is to keep focused on your goals and what you want to achieve. Have a good work ethic; pick a goal and keep working towards it even though some days things dont go your way, he says.... Traeger says property investment isnt for the faint hearted and it takes a lot of work and focus, so you need to start your journey with a positive attitude to keep you in good spirits when things get rough.

11.01.2022 Thank you everyone! 20,000 likes!!!

10.01.2022 A record number of units are under construction throughout Australia. Michelle Hele Network online real estate editor News Corp Australia Network...Continue reading

09.01.2022 January 27, 2016 Owner-occupier activity up, investor activity & FHB down Lending figures confirm a continuing increase in owner-occupier lending while investor activity has declined, according to housing finance figures released by the Australian Bureau of Statistics (ABS) for November 2015.... In more sobering news, the figures also show a fall in the proportion of first-time homebuyers in the market. The number of first homebuyer commitments as a percentage of total owner-occupied housing finance commitments fell to 14.9 per cent in November 2015 from 15.0 per cent in October, its lowest proportion since June 2004. This highlights the difficulty many Australians face in buying their first home, Amanda Watt, act.s head of banking business, says. First homebuyers are pulling out of the market, with the proportion of buyers well down on its highs of around 30 per cent in 2009. With property prices very high in some cities, especially in Sydney and Melbourne, this is stopping young Australians from taking a home loan and entering the property market, Watt says. The average loan size for first homebuyers fell $1,000 to $354,500. The average loan size for all owner-occupied housing commitments increased $3,700 to $386,100. It appears that demand for housing from investors is cooling due to the steps taken by Australian regulators to stem demand. This could work to take pressure off property prices this year, opening the way for more first-time buyers to make their first home purchase, Watt says. The Real Estate Institute of Australia (REIA) says the figures show, in trend terms, that the number of owner-occupied finance commitments increased by 0.8 per cent. This increase is the same as for the previous two months. If refinancing is excluded, in trend terms for November the number of owner-occupied finance commitments increased by 0.5 per cent the 17th consecutive month of increases. REIA president Neville Sanders says increases were recorded in all states except Western Australia and Queensland, with the Northern Territory having the largest increase of 2.9 per cent. The largest decrease was recorded in WA, which was down 0.4 per cent. In trend terms, the number of new dwellings purchase commitments increased by 0.4 per cent while new dwelling construction increased by 1.1 per cent and the purchase of established dwellings increased by 0.8 per cent, he says.

09.01.2022 January 21, 2016 SMSFs pour money into property Self-managed superannuation funds (SMSFs) allocated record amounts into Australian property investments in the September quarter of 2015, but they continued to retreat from Australian share investments. With dramatic falls in share prices in January, this trend of SMSFs to direct their investments into property (and cash) is expected to continue throughout this year....Continue reading

06.01.2022 July 10, 2015 Housing markets to ease in 2017 Australias house prices are expected to begin declining in 2017 according to a new report from economic forecaster BIS Shrapnel....Continue reading

06.01.2022 August 24, 2015 Making the transition from homeowner to investor For many, the great Australian dream is to own their own home. This was also our parents dream, yet today that dream can be realised much sooner than our parents ever did, providing youre prepared to grasp the opportunities available to achieve it....Continue reading

06.01.2022 What is equity and how do I use it? #equity Nila Sweeney 16 AUG 2016...Continue reading

05.01.2022 WealthBuild Australia wishes your family a Merry Christmas & Happy Holidays!

05.01.2022 September 30, 2015 SMSFs and other investors pile investments into property Self-managed superannuation funds (SMSFs) allocated record amounts into Australian property investments in the June quarter of 2015, fuelled by historically low interest rates, while they quickly retreated from share market investments, reflecting a flight to the perceived safety of bricks and mortar....Continue reading

05.01.2022 Be sure to follow our new Instagram page... #work #love #instagood #monday #goodmorning #happy #photooftheday #morning #selfie #office #motivation #business #instadaily #life #instagram #picoftheday #followme #smile #job #beautiful #photo #follow

04.01.2022 June 5, 2015 11 lessons from the 2015 BRW Rich List There are always interesting lessons to learned by following the fortunes (and misfortunes) of others....Continue reading

04.01.2022 Property Investment Through A Self Managed Super Fund (SMSF) By Marissa Schulze I am noticing more and more that borrowing money to purchase property through a Self Managed Super Fund is becoming very popular and is a topic most property investors are interested in learning more about. This is not surprising given there are a growing number of Australians wanting to take control of their investment decisions so that they can achieve financial freedom in retirement. There ...Continue reading

02.01.2022 TAX TIPS & TRICKS Despite tighter lending rules, property investors are still entering the Australian property market. Unfortunately, not everyone is knowledgeable on the tax deductions that they are supposed to enjoy on their property investments. H&R Blocks Mark Chapman offers some valuable tax tips to the first-time investor:... Tax deductions. Investors can claim tax deductions on various investment-related costs, including interest on borrowed funds, borrowing costs incurred in arranging finance, bank charges for bank accounts managing investment income, management fees, home office costs, subscriptions to investment-related journals, obtaining tax advice, and travel costs associated with investments. Sales income. Capital gains tax is charged for the sale of investments including shares held for long-term gain. If investments are retained for more than 12 months, you have access to a 50% discount. Interest or dividends earned from those assets are taxed as ordinary income. Dividend reinvestment plans. Dividends are included in your assessable income for tax purposes even though you never saw any cash. Credit refunds. If you have less than $18,200 taxable income and you receive franked dividends, you can claim a refund of the franking credits paid on the dividends you received. Foreign income. Income from foreign investment assets is still taxable in Australia. However, you may be entitled to a credit against your Australian tax for any foreign tax paid. Losses. Annual income losses due to negative gearing can be offset against annual income.

02.01.2022 Awesome or Scary?

02.01.2022 Why you need to change to become wealthy Sometimes we love change and sometimes we hate it. In fact some of us love to change and others fear it. Why is change difficult for many of us? crawfordBY MICHAEL YARDNEY...Continue reading

01.01.2022 The US dollar is under pressure in Wall Street trade. After a weekend of chaos and demonstrations at US airports stirred by President Donald Trumps executive order mandating tighter immigration rules, the greenback was crushed in early Monday trade. Heres the chart for the US dollar index, a broad representation of how the USD is valued against the currencies of key trading partners.... Via Investing.com The effects were felt across markets. The Yen rallied from 114.93 to 113.76 against the greenback. US Treasury yields also tightened slightly by more than a basis point to trade at 2.47% a short time ago. There was no clear data point to drive the move.

01.01.2022 Indoor/outdoor home inspiration.