Mortgage Brokers Pemulwuy | Home Loans Pemulwuy
Purchasing property in Pemulwuy
Pemulwuy ticks all the boxes for a family with a young family, plus it's close to everywhere including the Parramatta CBD, yet it can feel so peaceful. The locals love the cleanliness, greenery, lake, walkways, bushwalking, cycling tracks and friendly neighbourhood.
The suburb is home to many parks and reserves such as Grey Box Reserve, Dirrabari Reserve, Driftway Reserve, Andrew Campbell Reserve, Marrong Reserve and Ridgeline Reserve.
Pemulwuy offers plenty of affordable housing including huge family homes and well-sized townhouses. The median property prices over the last year ranged from$1,166,000 for houses to $555,000 for units. If you're searching for a property in Pemulwuy, then make sure you get in contact with Arif Iqbal, your mortgage broker in Pemulwuy to help you through the home loan process.
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Mortgage Brokers Pemulwuy
As your local home loan experts in Pemulwuy, we can help you assess the mortgage market and find a home loan that’s tailored to your individual needs. As your broker, Arif Iqbal will complete the application, take care of the legwork and keep you updated along the way. He is here to guide you through the entire home loan process.
If you would like to chat with a Pemulwuy home loan expert, then get in touch with Arif Iqbal this week.
Negative vs Positive Gearing
If you’ve been looking into investing in property, you may have encountered the term ‘negative gearing’ - so what does it mean?
Gearing itself is the act of borrowing money to buy an asset and when it comes to property, it simply refers to taking out a home loan to buy property.
- Positive gearing is where the rental income the property owner receives exceeds the home loan repayments and other expenses on the property.
- Negative gearing on the other hand is where the rental income is less than the cost of the home loan and other expenses associated with the property.
If your property is negatively geared, you may be able to claim the loss you incur as a tax deduction against your taxable income. You should speak to your accountant to understand more about the tax implications associated with investing in property.
If you have any questions about negative gearing or about your investment property, then don't hesitate to reach out to Arif Iqbal this week.
Want more information?
If you would like to do some of your own research first, make sure you check out our home loan resources below!
- Guide to upgrading your property
- Guide to refinancing
- Guide to buying your first home
- Guide to property investing
To arrange an appointment about purchasing a property, please call Arif Iqbal on 0400 954 020.
We can also help you with:
- Refinancing
- Mortgage Brokers Blacktown
- First Home Buyers
- Mortgage Brokers Doonside