Mortgage Broker in Waitara

A Self-Managed Superannuation Fund (SMSF) is a fund that allows individuals to manage their own retirement savings. Essentially, you become the trustee of your own superannuation fund, giving you greater control over investments and management, but also increasing your responsibility.

The First HomeOwner Grant (FHOG) is a cash grant designed to help people who have never owned property buy their first home. Every state offers their own buying assistance of the FHOG.

In NSW, $10,000 FHOG is available if you purchase a newly built house, townhouse, apartment, unit not exceeding $600,000 in purchase price OR If you purchase vacant land and sign a building contract not exceeding $750,000 in combined cost. Please visit First Home Owner (New Homes) Grant | Revenue NSW to check the criteria for FHOG.

Negative gearing is a property investment strategy used in Australia where the costs of owning an investment (like mortgage interest, maintenance, and other expenses) exceed the income it generates — typically rent. This results in a net loss, which can then be deducted from your taxable income, reducing your overall tax bill.

Tax benefits: Reduces your taxable income

Capital growth: Investors hope the property’s value increases over time, offsetting the short-term losses

Rental supply: Encourages investment in housing, which can help keep rents competitive

The average return on property in Australia typically combines rental yield and capital growth, and varies by location, property type, and market conditions. Here’s a snapshot of what investors generally see: