April Newsletter, SJP Workshops, CoreLogic HVI, 5 Point Mortgage Approval Checklist, Your Empire Video, SB Quarterly and more
Congratulations, Send Payments!
Congratulations to the incredible co-founders pictured above, Paul Billing, Alexandra Rofe, and THE EXPATRIATE International Currency Specialist Ian Cragg, for being recognized among Business News Australia Pty Ltd's Top 100 Young Entrepreneurs! 🚀🌟 The announcement coincides with Send Payments celebrating its fifth year in Australia. This recognition is a testament to their hard work, dedication, and innovative vision since founding Send Payments. We are excited to see what the future holds for this dynamic company.
Next up, what has happened in the Australian Property Market?
The latest CoreLogic Australia HVI April report highlights the remarkable resilience of the Australian property market; potential buyers are showing no signs of being deterred by interest rates as they continue to enter the market. The data from March (+0.6%) reveals an exceptional 14 months of continuous growth, bouncing back from the decline of -7.5% experienced between April 2022 and January 2023. Australia’s Property Home Value Index (HVI) has surged by 10.2%, which is equivalent to a substantial increase of around $71,832, setting new record highs consistently since November of the previous year. It is worth noting that all capital cities, except Darwin, experienced growth. Darwin experienced a slight decline of -0.2%.
To read our “cheat notes” and to view the full report, click on the link below.
Let's gain valuable insights from THE EXPATRIATE Property specialist based in Melbourne, Sydney, and Brisbane. Explore their perspectives on the current market trends shaping each region.
Thank you THE EXPATRIATE Presenters: Lauren Staley (Melbourne) Infolio Property Advisors, Chris Gray (Sydney Your Empire) and Zoran Solano (Brisbane) Hot Property Buyers Agency for putting together this fantastic YouTube movie to help you through all the hype about the Australian Property Market and to help you make informed decisions about purchasing, investing or selling property in Australia. In the video, the specialist will cover the following topics and offer the following tips, insights, market trends, opportunities and strategies for you to consider;
Topics:
Checking the CoreLogic Home Value Index Data, SYD +0.3, MEL 0.0 and BNE +1.1%—what does that mean across Australia as median house price growth?
Brisbane Auctions and the opportunity to be had in the buying.
Melbourne's rental pressure housing market is affected by a large influx of migrants coming to the city.
It’s time to get ready for the end of the financial year.
Melbourne-based buyers agent Lauren Staley from Infolio Property Advisors has shared her insights about when it is a good time to buy in a blog called “Money is made in the buying.”
Here is a snippet from her blog below;
Investing in property isn't about timing the market; it is about buying well. This doesn't merely imply snagging a property at a bargain price; it's about securing the right property for a fair price. The money is made in the buying. Seek sound advice, commit to your investment, and focus on quality acquisitions. Follow this process, and you will achieve success.
“5-Point Mortgage Approval Checklist.”
Adam Kingston from Australian Expatriate Finance has put together a fantastic checklist to help you be in the best possible position when purchasing your next property called “Get Ready To Buy Your Dream Home. 5-Point Mortgage Approval Checklist.” with the following key points to consider;
What available equity or savings do I have that I can allocate to the purchase?
Is my AU tax up to date? (if you already have an investment property in Australia)
Are all of your credit facilities up to date? (in AU and overseas - mortgages, loans, credit cards etc)
On a monthly basis, how much of my overseas income am I comfortable allocating to the property/loan?
Once you have a pre-approval in place, how are you going to transact? eg find the property, inspect it, negotiate a contract etc?
This month, Nick Ryder Chief Investment Officer from SB tackles some of the most pressing questions for longer-term investors:
What happened over the quarter
Performance of major financial markets
Current investment outlook and portfolio positioning
Views on major asset classes
Current portfolios allocations
We also have the latest Stanford Brown SB Talks to share with the community.
Last, but not least, St. James’s Place Asia and Middle East has created a fantastic workplace initiative and Financial Education Workshops to be hosted in your workplace.
SJP Financial Education Workshops” in your workplace.
The St. James’s Place team has created Financial Education “Workshops”, a fantastic platform to increase financial literacy within your workplace community. This holistic approach supports your employees through financial well-being and recognises the significant correlation between economic well-being and mental health. Forward-thinking employers have realised that enhancing their employees' financial wellness can ultimately improve their company's overall performance.
Workshop outline
Workshops are tailored to your needs or preferences and can be conducted online or in person.
Topics include but are not limited to:
Life as an expat
Goal-based financial planning
Wealth accumulation and preservation
Tax planning
Retirement planning
Family protection
The Expatriate always tries to make sure all information is accurate. However, when reading our website, please always consider our Disclaimer policy.
