Katrina Parrington

Mortgage & Finance Broker, Elders Home Loans – Northern Territory – P. 8932 8900

  • Enter your email address to subscribe to this blog and receive notifications of new posts by email.

    Join 1,638 other followers

  • Elders Home Loans

  • Katrina Parrington

    I am a long term Centralian resident with more than 18 years experience in the financial services industry. Initially, in Real Estate in Adelaide before pursuing a career with Elders Insurance Alice Springs and lending roles with major banking institutions where I gained extensive experience in Home Loans and Commercial Lending here in the Alice and in Darwin.

    I have a unique set of skills that ensures I understand your lending needs and can provide you with professional advice and personal service.

    Tel: 08 8953 8800
    email: katrina.parrington@eldershomeloans.com.au

Posts Tagged ‘economic trends’

Four reasons to buy in a cool market

Posted by Katrina Parrington on July 27, 2016

It’s a common mistake made by many first-time investors – delaying an acquisition due to a cooling market. So why can it be wise to buy in a downturn? It’s widely known that property markets are cyclical and will experience ebbs and flows. However, when any given market experiences a slowdown, many investors, particularly novice investors, will defer buying a property because they’re deterred by the widespread negative sentiment. Acquiring an investment property in a cooler market can be highly beneficial, though.

Source: Four reasons to buy in a cool market

Advertisements

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry | Tagged: , , , , , , , , , , | Comments Off on Four reasons to buy in a cool market

Mum and Dad investors are the lifeblood of Australia’s rental accommodation

Posted by Katrina Parrington on April 1, 2016

Federal, state, and local governments are flat out trying to fund the Nation’s essential infrastructure let alone rental accommodation. The percentage of Australian residential dwellings that are funded by governments has shrunk to a miserly 2.9% per year. Mum-and-dad property investors need to continue to be encouraged to add to the rental pool of Australia’s growing population. According to official ATO records, 30% of all Australian residential dwellings receive rental income. The other 70% of dwellings are occupied by the owner (whether mortgaged or debt free).

Source: Mum and Dad investors are the lifeblood of Australia’s rental accommodation

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates | Tagged: , , , , , , , , , , , | Comments Off on Mum and Dad investors are the lifeblood of Australia’s rental accommodation

Is buying a property now cheaper than paying rent?

Posted by Katrina Parrington on February 9, 2016

Despite what the media has been portraying it is a tough rental market at the moment. There are still so many tenants who are vacating properties to buy their own properties. With the current interest rates at their lowest, paying a mortgage is now cheaper than paying rent. I have now heard this from numerous tenants. They may not be buying in the same suburbs they are leasing in but, they tell me they have the chance to stop paying someone else’s mortgage and invest in their own with more security. There are so many new buildings and developments happening in Sydney.

Source: Is buying a property now cheaper than paying rent?

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates | Tagged: , , , , , , , , , , , , , | Comments Off on Is buying a property now cheaper than paying rent?

How the property cycle can impact your investment

Posted by Katrina Parrington on February 1, 2016

Regardless of how you interpret the cycle, making a good investment always comes back to the presence of growth drivers.

Source: How the property cycle can impact your investment

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry | Tagged: , , , , , , , , , , , , , , , | Comments Off on How the property cycle can impact your investment

Property values set to keep rising in 2016

Posted by Katrina Parrington on January 27, 2016

Property buyers outnumber sellers, so the market should remain well bid this year according to new research.

Source: Property values set to keep rising in 2016

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates | Tagged: , , , , , , , , , , , , , , , , , , | Comments Off on Property values set to keep rising in 2016

NT Government Must Re-Think Housing Affordability Across the Territory

Posted by Katrina Parrington on May 6, 2015

The reserve bank of Australia has taken a national perspective on the economy by taking the brave step of cutting theEldershomeloans_0014 - Copy interest rate once more.  This decision was taken despite the strong rise in Sydney property prices.   Trends in other cities and Australian towns are varied.

Interest rates are at incredible lows but as well as the Reserve Bank making adjustment,  the NT Government must consider what adjustments it can make to help home owners into their first home and to stimulate competition in business to make home ownership more affordable overall. Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, land shortage, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on NT Government Must Re-Think Housing Affordability Across the Territory

Reserve Bank Cuts Cash Rate to Record Low!

Posted by Katrina Parrington on May 5, 2015

The Reserve Bank of Australia has announced the result of its monthly meeting following a period of inimages[7]tense market speculation.

In what was probably a close decision, board members decided to reduce the official cash rate from 2.25 per cent to a new record-low setting of 2 per cent.

Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Reserve Bank Cuts Cash Rate to Record Low!

Know about tax deductions for your property | The Real Estate Conversation

Posted by Katrina Parrington on April 28, 2015

Know about tax deductions for your property | The Real Estate Conversation.

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates | Tagged: , , , , , , , , , , , , , , , , , | Comments Off on Know about tax deductions for your property | The Real Estate Conversation

Which Inner City Suburbs Are Most Affordable

Posted by Katrina Parrington on April 27, 2015

images[7]CoreLogic RP Data’s weekly Property Pulse shows which suburbs have the most affordable median value near the CBDs of Australia’s capital cities.

According to the data, the median value for Sydney’s inner city houses is significantly higher than the rest of the capital cities, with Turrella as the most affordable suburb in Sydney having a median house value of $839,676.

Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, land shortage, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Which Inner City Suburbs Are Most Affordable

Melbourne’s most investment-friendly suburbs | The Real Estate Conversation

Posted by Katrina Parrington on April 23, 2015

Melbourne’s most investment-friendly suburbs | The Real Estate Conversation.

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , | Comments Off on Melbourne’s most investment-friendly suburbs | The Real Estate Conversation

 
%d bloggers like this: