Total Finance & Mortgage

Welcome to Total Finance & Mortgage, located at 1 Kitchener Street in Wynnum, Australia. As an establishment that specializes in finance, we are a point of interest for homebuyers and investors alike.

As we approach the new year, there are several important trends to keep in mind for 2023. The Australian property market has experienced its fair share of ups and downs this year. Starting with a historic low cash rate of 0.1%, we have seen fluctuations in home values due to the ongoing COVID-19 pandemic.

According to CoreLogic, Australia's property market has seen a fourth consecutive month of COVID-induced price falls, with home values dipping by 0.4% in August. However, despite these recent declines, home values for the 12 months leading up to August 31, 2020, are still 5.8% higher compared to the previous year.

For first home buyers, there is positive news. In July 2020, the number of owner-occupier first home buyer loan commitments increased by 14.4% in seasonally adjusted terms. Additionally, the number of first home buyer loan commitments for investment purposes accounted for 4.9% of all first home buyer commitments, as reported by the Australian Bureau of Statistics.

At Total Finance & Mortgage, we understand the importance of staying informed and prepared in the ever-changing financial landscape. Our team of experts is here to assist you in navigating these trends and making informed decisions for your future.

Whether you are a first home buyer, an investor, or simply looking for financial guidance, Total Finance & Mortgage is here to provide you with personalized solutions tailored to your specific needs. Contact us today to start your journey towards financial success in 2023 and beyond.