Australian Property Podcast
Why Owen wants to refinance (and how to do it), why Perth house prices are up 24% in one year & your property questions answered by Chris Bates
Aug 13, 2024
Chris Bates, an expert mortgage advisor and co-founder of Flint Group, joins Owen Rask to delve into the world of refinancing. They explore why Perth's house prices surged 24% in just one year and discuss the sustainability of this growth. Bates explains what refinancing entails and how to approach it effectively. They also tackle common questions about the roles of brokers versus real estate agents and the dynamics of the evolving property market, providing valuable insights for anyone looking to navigate their financial future.
58:09
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Quick takeaways
- The recent 24% spike in Perth house prices is driven by pent-up demand but raises concerns about long-term sustainability given market volatility.
- Refinancing a mortgage is crucial for financial health, allowing homeowners to save money, access equity, and avoid loyalty taxes imposed by banks.
Deep dives
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