Uprosper News
Keep informed with the latest about Uprosper and the mortgage / finance industry.
Over-capitalizing with Renovations
Posted on: 20.06.2016
What does ‘Over-capitalizing with renovations’ mean? Here at Uprosper, we sometimes bump into Gold Coast home owner’s that have spent far too much on the renovations of a property given it’s location or suburb. Essentially, Over-capitalizing with renovations is when … 
Investor Hotspots & Keys to Growth
Posted on: 14.06.2016
Suburbs to Watch Location Type Median Price 1yr Price Growth Yield NSW Dubbo Houses $320,000 2% 5.50% Liverpool Units $380,000 15% 4.70% Mount Druitt Units $345,000 16% 5% Port Macquarie Units $300,000 5% 5.40% West Albury Houses $320,000 11% 5.70% … 
Selling Gold Coast Homes
Posted on: 06.06.2016
Selling Gold Coast Homes When it comes time to sell, there are a few things you can do to potentially shorten the time it takes to sell and sometimes even improve the sale price. Quite often, seller’s have an emotional … 
Finding a Mortgage Broker on the Gold Coast
Posted on: 31.05.2016
First Steps Finding a Mortgage Broker and getting your finances in order should be your first step, before looking at properties. There are hundreds of Mortgage Brokers across the Gold Coast. Some that have been in the industry for 2 months … 
Negative Gearing?
Posted on: 24.05.2016
First, let’s cover the different types of gearing Positive Gearing – This means that your outgoings spent on the investment property (loan interest & maintenance etc.) are less than the income generated from it. This means you’re making a … 
Australian Federal Budget 2016
Posted on: 16.05.2016
What are the main targets of the 2016 Budget? The main targets of the Australian Federal Budget 2016 are Superannuation, Small to Medium businesses and the Tobacco/cigarette industry. How is Superannuation affected? Superannuation is one of biggest targets of this … 
Interest Rate Cuts
Posted on: 05.05.2016
The recent revision by RBA Recently on the 3rd of May, the Reserve Bank of Australia had it’s board meeting and reduced the cash rate by 25 basis points. Making the official cash rate now 1.75%. It seems as though … 
Time, Money and Retirement
Posted on: 29.04.2016
The Statistics According to the Australian Bureau of Statistics, the average life expectancy in Australia is around 82 years of age. The average retirement age is 58, and the average income or salary is approximately $1500 per week as at the … 
Life Cover, is it Important?
Posted on: 18.04.2016
No one likes to talk about death and terminal illness but unfortunately it is a conversation which cannot be avoided if you truly care about the people you are leaving behind. We never like to think about the worst case … 
Saving Money made Easy
Posted on: 11.04.2016
Saving money is something a lot of us have struggled with at some point. Hopefully these tips make it simple and easy for you to start building a healthy amount of savings. Life these days is quite fast paced and … 
Gold Coast Investment Property & Body Corporate Tips
Posted on: 04.04.2016
Ensure Tenants and Property Managers have a copy of By-laws Tenant’s and Property Manager’s don’t always have a copy of the by-laws and it’s important they do. How else can they be expected to follow the rules of the complex? … 
