Melbourne- the only city where it takes less time to save for a deposit

Did you know that it takes an average Australian couple (aged 25-34) 4 years and 9 months to save a 20% deposit for an entry-level house (priced $500k-$700k)!  

Melbourne in particular, is the only city where it takes less time to save for a deposit for a house or unit than five years ago!

The good news? there's been a noticeable increase in the number of first-home buyers trying to enter the market due to the stable entry cost of property.  

At SONI, we understand the emotional and financial complexities of this journey. We're dedicated to helping more young Australians successfully purchase their first homes.  

In fact, we've assisted several home buyers in achieving their dreams with deposits as low as $15K! 

TEAM SONI CAN HELP

Are you ready to take the next step towards homeownership? Reach out to us today and let's start this exciting journey together! We have helped many first-home buyers purchase their houses with smart strategies.

Now, it’s your turn!

MILLENIALS ARE THE MOST ACTIVE PROPERTY INVESTORS IN AUSTRALIA

MILLENIALS ARE THE MOST ACTIVE PROPERTY INVESTORS IN AUSTRALIA

Discover why Millennials are leading the way in Australian property investment, with Melbourne as their top choice. Learn how strategies like "rentvesting" are helping them enter the market while maintaining their lifestyle. With low rental vacancies and increasing property listings, now is the perfect time to invest. SONI Wealth offers expert guidance—book your consultation today!

Here's what you need to know if you're buying "OFF THE PLAN"

Here's what you need to know if you're buying "OFF THE PLAN"

Discover the key benefits and considerations of buying an off-the-plan property. From financial flexibility and tax advantages to navigating construction timelines and market dynamics, SONI Wealth offers expert guidance to help you invest confidently. Explore government incentives, tenant appeal, and customization options tailored to your needs. Book your no-obligation consultation today with SONI Wealth and secure your property investment success.

What is "Buy and Hold" Strategy?

What is "Buy and Hold" Strategy?

A buy and hold strategy involves purchasing and holding properties long-term, regardless of market fluctuations. This passive investment approach offers benefits like passive income through rental properties, property appreciation, and tax advantages such as mortgage interest and property depreciation deductions. However, it also comes with drawbacks, including market risks that can lead to decreased property values and ongoing maintenance costs impacting cash flow. Learn more about how this strategy can provide financial stability and grow your investment portfolio.

Nearly 70% of Women Now Own Property

Nearly 70% of Women Now Own Property

Women leading real estate in Australia. Great news for Aussie women! A new CoreLogic report reveals a promising trend: Nearly 𝟳 𝗶𝗻 𝟭𝟬 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮𝗻 𝘄𝗼𝗺𝗲𝗻 (68.2%) now own at least one property. Property investment serves as a powerful tool for building wealth and achieving financial security in the long run. It not only empowers women to cultivate independence but also allows them to establish financial security.

Half of the Australian Mortgage Owners are Under Stress

Half of the Australian Mortgage Owners are Under Stress

Facing Higher Mortgage Repayments in 2024? Here's How to Manage the Transition

As we move further into 2024, many Australians are experiencing increases in their mortgage repayments as they come off very low fixed rates. If you've recently switched from a fixed to a variable rate, or your fixed term is about to expire, here are strategic actions to manage this change smoothly:

  • Renegotiate Your Loan Rate: Contact your bank to negotiate a better interest rate. Use lower rates offered by competitors as leverage.

  • Consider Interest-Only Repayments: Switch to interest-only repayments to manage cash flow. Be aware that repayments will increase once the interest-only period ends.

  • Refinance Your Loan: Look into refinancing to secure better rates and potentially extend your loan term to reduce monthly repayments.

  • Seek Professional Guidance: Engage a professional for personalized strategies and tailored solutions.

What should I do when my Fixed Loan Term Ends?

What should I do when my Fixed Loan Term Ends?

Facing Higher Mortgage Repayments in 2024? Here's How to Manage the Transition

As we move further into 2024, many Australians are experiencing increases in their mortgage repayments as they come off very low fixed rates. If you've recently switched from a fixed to a variable rate, or your fixed term is about to expire, here are strategic actions to manage this change smoothly:

  • Renegotiate Your Loan Rate: Contact your bank to negotiate a better interest rate. Use lower rates offered by competitors as leverage.

  • Consider Interest-Only Repayments: Switch to interest-only repayments to manage cash flow. Be aware that repayments will increase once the interest-only period ends.

  • Refinance Your Loan: Look into refinancing to secure better rates and potentially extend your loan term to reduce monthly repayments.

  • Seek Professional Guidance: Engage a professional for personalized strategies and tailored solutions.

4 Winning Strategies for First Home Buyers

4 Winning Strategies for First Home Buyers


Struggling to Buy Your First Property? Here's How to Get Started!

Are limited borrowing capacity, high property prices, or difficulty saving for a deposit holding you back from buying your first home? Here are four strategies to help you enter the property market:

  1. Government Support: Take advantage of schemes and grants like the Victorian Government’s First Home Guarantee and First Home Buyers Grant, which can save you up to $50K.

  2. Explore Different Locations: Consider up-and-coming neighborhoods for better affordability and unique features.

  3. Rentvesting: Rent in a desirable location while investing in more affordable properties elsewhere to build equity for future home purchases.

  4. Co-buying: Share the financial burden by purchasing with friends, family, or a partner, but make sure to establish legal agreements.

Take these steps to make your homeownership dream a reality!

Why Being Financially Literate is Important

Why Being Financially Literate is Important

Discover the pros and cons of investing in brand-new properties versus established ones. Explore factors like maintenance costs, rental yields, and depreciation benefits to make an informed decision that aligns with your financial goals. At SONI, our personalized property investment strategies cater to your needs, ensuring a secure path to building wealth. Book a no-obligation consultation today!

Where To Invest In: Brand New or Established Properties

Where To Invest In: Brand New or Established Properties

Discover the pros and cons of investing in brand-new properties versus established ones. Explore factors like maintenance costs, rental yields, and depreciation benefits to make an informed decision that aligns with your financial goals. At SONI, our personalized property investment strategies cater to your needs, ensuring a secure path to building wealth. Book a no-obligation consultation today!

Discover Your Money Personality

Discover Your Money Personality

Unlock the Secrets of Your Financial Mindset: Discover Your Money Personality

Dive into the intriguing world of money personalities – the hidden psychological patterns shaping our financial attitudes. Uncover the unique traits of savers, spenders, debtors, and investors to gain valuable insights into your money personality. By understanding these underlying beliefs, you'll empower yourself to make informed decisions, take control of your financial future, and pave the way to financial well-being. Explore the distinct characteristics of each type, from the disciplined saver prioritizing wealth-building to the adventurous spender finding joy in discretionary splurges. Learn how investors strategically plan for financial freedom, while debtors may face challenges with impulse spending. Self-awareness is the key to transforming your relationship with money, guiding you towards mindful and conscious financial decisions. What's your money personality type?

5 Ways to Review Your Investment Property Performance 

5 Ways to Review Your Investment Property Performance 

Elevate your investment game with "5 Ways to Review Your Investment Property Performance." Discover strategic insights and practical tips to assess and enhance the success of your real estate investments. Whether you're a seasoned investor or just starting, this guide provides valuable tools to optimize your property portfolio. Explore key metrics, evaluate returns, and unlock the potential for greater financial success. Dive into the world of property investment with confidence – your path to informed decision-making begins here! #InvestmentProperty

Power of Women in Real Estate

Power of Women in Real Estate


Unlock the potential of property investment with insights from @CoreLogic's 2023 Women & Property report! Discover that female-only property ownership stands at 26.8%, while joint ownership with males is at 43.4%. Despite financial challenges, women in Australia are leveraging property investments to overcome obstacles and achieve financial stability.

How long does it take for the value of a property to double?

How long does it take for the value of a property to double?

Unlock the secrets of property investment success! Dive into our latest article to explore the fascinating world of capital growth. Discover how simple calculations and the power of compounding can unveil the potential for your property's value to double or even triple over time. Gain valuable insights into the rules that dictate when you might experience a significant return on your investment. Whether you're a seasoned investor or just starting, these tips will guide you towards maximizing the benefits of long-term property ownership.

How much should I be spending on rent?

How much should I be spending on rent?

Striking the right balance between budgeting for rent and financial well-being is crucial. In our latest article, we tackle the common dilemma: How much money should be allocated to rent, and when is it too much? Delve into expert insights to find the sweet spot for rent allocation, ensuring a harmonious relationship between your living expenses and overall financial health. Don't let uncertainty cloud your budgeting decisions – read on to discover practical tips and guidelines to help you make informed choices on allocating funds for rent.

Good Debt VS Bad Debt

Good Debt VS Bad Debt

Uncover the secrets to financial well-being with our comprehensive guide on 'Good Debt vs. Bad Debt.' In this illuminating article, we break down the fundamental distinctions between debt that works for you and debt that hinders your financial goals. Discover how 'good debt' can be a strategic tool for wealth creation, while learning to identify and manage 'bad debt' that can lead to financial pitfalls. Empower yourself with insights to make informed decisions, boost your financial literacy, and pave the way for a more secure and prosperous future. Navigate the complexities of debt wisely – read our article now!