News from Equatorial Finance Solutions

Clients rang me last weekend after their private banker failed to get back to them for 3 weeks, I got them a preapproval on Monday & here we are at today’s auction! Out supporting my clients & congratulations to them on winning it! 👨🏻‍⚖️💥 That’s the Wong service for you! Exciting times ahead for this beautiful family as they move into their first own home in Australia since migrating from Turkey 🇹🇷 3 years ago!...#friday #afternoon#auction #home #purchase#hot #adelaide #property #market#support #clients #thewongservice#thewongadvice ... See MoreSee Less
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2 weeks ago

Equatorial Finance Solutions
Australian housing values rose 1.5% in October, a similar result to August and September. However, nationally, the monthly growth rate eased to 1.49% in October from 1.51% in the previous month. Perth recorded its first negative monthly result since June last year, with values nudging -0.1% lower. At the other end of the spectrum, Brisbane has taken over as the fastest growing market with housing values up 2.5% in October. This was followed by Adelaide and Hobart, with both dwelling markets increasing 2.0% in value over the month. In Sydney and Melbourne, the monthly rate of growth has more than halved since the highs seen in March 2021, when they reached a monthly growth rate of 3.7% and 2.4% respectively.According to CoreLogic’s research director, Tim Lawless, slowing growth conditions are a factor of worsening housing affordability, rising supply levels, and less stimulus. “Housing prices continue to outpace wages by a ratio of about 12:1. This is one of the reasons why first home buyers are becoming a progressively smaller component of housing demand. New listings have surged by 47% since the recent low in September and housing focused stimulus such as HomeBuilder and stamp duty concessions have now expired. Combining these factors with the subtle tightening of credit assessments set for November 1, and it’s highly likely the housing market will continue to gradually lose momentum.”Overall, Australia’s housing market is continuing to record an above average rate of growth, but there are clear signs that the market is continuing to cool. The short-term view is for further growth in values, albeit at a slower rate than what has been seen over the previous 12 months. Source: CoreLogic...#property #economic #data#housing #market #performance#australia 🇦🇺 #2021 ... See MoreSee Less
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2 weeks ago

Equatorial Finance Solutions
Congratulations to my clients who have settled on their third commercial property!And why not, there’s no stamp duty payable on commercial properties in South Australia!...#congratulations #clients#commercial #business #settlement#property #portfolio #growth#no #stampduty #southaustralia #thewongadvice ... See MoreSee Less
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2 weeks ago

Equatorial Finance Solutions
Congratulations to my clients who have settled on their new block of land in the hills of South Australia!Exciting times ahead for this lovely family as they start building their dream home!...#Congratulations #clients#vacantland #settlement#dream #family #build #new #home #plans #countryliving #thehillsarealive #property #portfolio #growth#thewongadvice ... See MoreSee Less
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3 weeks ago

Equatorial Finance Solutions
Very grateful to have our annual parents versus teachers relay race today at my kids’ sports day!Beautiful day ☀️ for my once-a-year exercise! 🏃🏻💨“Never get so busy making a living that you forget to make a life.” - @dollyparton ...#worklifebalance #finance #director#parents #teachers #relay #race#junior #school #sports #day#grateful #southaustralia #beautifulday #thewongadvice ... See MoreSee Less
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4 weeks ago

Equatorial Finance Solutions
Congratulations to my clients Alex and Lawrence on the purchase settlement of their second property and first in the ACT!Exciting times ahead for this beautiful young couple as they move into their own unit this week!...#Congratulations #clients#new #home #settlement#movinghouse #week #canberra #apartment#property #portfolio #growth#thewongadvice ... See MoreSee Less
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4 weeks ago

Equatorial Finance Solutions
So proud to have been a sponsor for the past couple of years for one of my old clubs, the Pembroke Old Scholars Soccer Club. Really appreciate the personalised gifts thank you! 🙏🏼Congratulations lads on winning your fourth Collegiate Soccer League Div 1A title, and first since 2013! Campeones, campeones, olé, olé, olé! 🏆🍾🥂Awesome to see Sam win his first title with the club, I coached him for 3 years over a decade ago when he was just 12 years old! ...#proud #sponsor @possc98 #community #sports #club #champions #Campeones #oleoleole#thewongadvice ... See MoreSee Less
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Congratulations to my client on the purchase settlement of his own home!Great to see him get back into the property market after his divorce, just because you’re in your 60’s doesn’t mean you can’t buy a house!...#congratulations #client#own #home #settlement#post #divorce #backinthegame #ageisjustanumber #nevertooold #thewongadvice ... See MoreSee Less
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