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Yellow Brick Road Prahran in Prahran, Victoria | Investing service



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Yellow Brick Road Prahran

Locality: Prahran, Victoria

Phone: +61 3 9510 2120



Address: Shop 2A, 121 High Street 3181 Prahran, VIC, Australia

Website: www.ybr.com.au/prahran

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24.01.2022 #wealth #wealthbuilding #money



24.01.2022 #money #wealthbuilding #investing

24.01.2022 While majority of the big banks haven't passed on the full 0.25 interest rate cut, there are plenty of lenders who have and are offering some of the best rates we've seen in a long time. Mark Bouris says "it is refinancing heaven right now." Now is the time to examine your current interest rate and measure it against what the current rates are in Mark's Sunday Sesh. Contact us this week to see if we can help you get a better deal! #YBRLoanReady #Homeloans #Wealth #Savings #YBR #FinancialSuccess

23.01.2022 It's simple. #wealth #wealthbuilding #money #moneymanagement #saving



22.01.2022 One in seven Australians or the equivalent to 2.6 million people are in severe or high financial stress and have no cash stashed for a rainy day.

21.01.2022 If you have a bad credit rating, getting a home loan could prove difficult. While many mortgage lenders do not offer loans to people with bad credit, some lenders actually do lend to borrowers with lower scores. Does this relate to you? Contact us today to see if we can help you become #YBRLoanReady and look at your circumstance. #Homeloans #Wealth #Savings #YBR #FinancialSuccess

19.01.2022 Property Values Down By 8.4% Since 2017. Majority forecasters indicate the property market will make new high in 12 to 18 months. Is it time to buy?



18.01.2022 If you're not quite confident with your knowledge on investing, talk to us. We're more than happy to teach you all about personal finance and wealth building. We'll wait for your call on (03) 9510 2120.

17.01.2022 A smart investor would heed these lessons.

16.01.2022 #wealth #money #wealthbuilding #finance

16.01.2022 Asking family for help isn’t a cop-out. Far from it. Getting a loved one to help you out with a loan is a common way of getting your foot into the market with a first home loan. if you’re struggling to save for a home loan deposit, you might be able to ask family for help in avoiding Lenders’ Mortgage Insurance (LMI). This is often called a "Family Guarantee". However, there are some key things you need to know about this. We encourage you to talk to your family and to conta...ct us. We know that the home loan process can be daunting. When the time comes, don’t feel like you have to do it on your own. #Homeloans #Wealth #Savings #YBR #FinancialSuccess

14.01.2022 Truth. #wealth #money #finance



13.01.2022 Do you have ample cash saved up in case of an emergency? If not, you better start building up your rainy day fund. Let us show you the way, talk to us on (03) 9510 2120.

13.01.2022 Hadfield, Glenroy and Oak Park median house price growth outpaces wider Melbourne HOUSE prices continue to soar across middle-ring suburbs in Melbourne’s north as buyers chase affordable homes closer to the city. Latest CoreLogic data reveals median house prices shot up about 20 per cent in Glenroy, Hadfield and Oak Park in 12 months, outpacing growth across wider Melbourne.... Hadfield was a star performer, its median house price climbing 23.2 per cent in the 12 months to November 2017 to hit $740,000. Neighbouring Glenroy’s median lifted to $703,750, on the back of a 21.7 per cent price jump, while tightly-held Oak Park’s median rose 17.5 per cent to $861,000. The trio, less than 20km from the Melbourne CBD, outperformed wider Melbourne, which recorded a 13.5 per cent median house price increase to $715,000 for the same period. Their gains were even more impressive over three years, from a 46.6 per cent rise in Oak Park and Glenroy to a 55.8 per cent jump in Hadfield. Biggin Scott’s David Rubinic said homes in Oak Park attracted buyers priced out of neighbouring suburbs. Homes here offer value for money compared to Coburg, Pascoe Vale and Brunswick where the entry level price exceeds $1 million, Mr Rubinic said. Families, young couples, investors and developers were drawn to Oak Park for its affordability, potential for capital growth and strong rental yield, he said. The suburb’s location in the Strathmore Secondary College zone and larger block sizes were also drawcards. Developers are getting their teeth into the houses on larger blocks that have been rezoned. A five-bedroom house in original condition at 61 Snell Grove was snapped up for $1.15 million in December last year, with CoreLogic figures show the property previously sold in September 2015 for $600,000. Mr Rubinic explained how buyers planned to land bank the property and develop it down the track. They have witnessed strong growth in this hot pocket north of Bell St and are capitalising on it, he said. Barry Plant Glenroy’s Roy Khoder said buyers were snapping up homes on larger blocks in Glenroy and Hadfield. They are getting a lot more for their money here, he said. They’d be paying $100,000-$300,000 more just a kilometre up the road. A four-bedroom house at 1 Sunbeam St, Glenroy changed hands last month for $855,000. CoreLogic records show the property sold in May 2016 for $630,000, with the selling price has lifted $225,000 in less than two years. The market had improved significantly since the owners bought the home, Mr Khoder said. He said the areas were havens for first-home buyers, families and developers. Prahran: Shop 2A, 121-127 High Street, Prahran VIC 3181 Tarneit: Wyndham Village Shopping Centre, Shop 93, 380 Sayers Rd, Tarneit, VIC 3029 Sydney: 41 Wyena Road, Pendle Hill, NSW 2145 Office: +61 3 9510 2120 Mobile: +61 4 2327 4777 Email: [email protected]

11.01.2022 Great news for investors and should really assist the market in the sub million dollar category where most investors play. We expect there should be a big pick up in this market with this relaxing of the APRA lending criteria which was introduced in late 2014 to slow down the investor market. APRA chairman, Wayne Byres, has said the regulator is ready to lift the 10 per cent cap on growth in investor lending, but the cap on interest-only loans will stay. APRA chairman, Wayne ...Byres, says the regulator is ready to lift the 10 per cent cap on growth in investor lending, because mortgage lending standards have improved. He told the Senate Economic Legislation Committee in Canberra yesterday that the cap is "probably reaching the end of its useful life". The cap has led banks to raise borrowing rates for investors, so its removal could see investor lending rates fall. The Productivity Commission has criticised the cap for restricting competition in the mortgage sector. Byres said the other restriction imposed by APRA - the 30 per cent cap on new interest-only loans - is likely to stay in place. The interest-only cap was imposed in March 2017, whereas the investor lending cap has been in place for longer, since December 2014, according to The Australian Financial Review. Prahran: Shop 2A, 121-127 High Street, Prahran VIC 3181 Tarneit: Wyndham Village Shopping Centre, Shop 93, 380 Sayers Rd, Tarneit, VIC 3029 Sydney: 41 Wyena Road, Pendle Hill, NSW 2145 Office: +61 3 9510 2120 Mobile: +61 4 2327 4777 Email: [email protected]

10.01.2022 If housing values continue to rise at the same rate recorded over the past three months, national dwelling values could reach a new record high in six months time according to Corelogic.

08.01.2022 Need help keeping your finances in check? Consult one of our specialists! Call us on (03) 9510 2120 for a friendly chat.

08.01.2022 End the cycle of living from pay cheque to pay cheque. Let us advise you on how to handle your finances better. Let's have a chat, dial (03) 9510 2120 today.

08.01.2022 This week across the combined capital cities, auction volumes continued to increase with 1,464 homes taken to auction returning a preliminary clearance rate of 67.7 per cent, increasing from 62.0 per cent across 790 auctions last week, although this is likely to revise down over the week. Over the same week last year 1,591 auctions were held, while the clearance rate was a stronger 73.2 per cent. Adelaide and Perth were the only cities to see clearance rates fall over the wee...Continue reading

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