Today APRA announced changes to loan serviceability expectations which raise the interest rate buffer from 2.5% to 3.0%. OpenCorp CEO, Matthew Lewison discusses the reasons for this intervention and the impacts it may have on the property market. “We’re very pleased to see APRA’s response today, and also the way they’re approaching it [...]
In a red-hot property market littered with unaffordable city house prices and consumers looking for lifestyle choices, investors might be tempted to look outside of the capital cities On the latest episode of the Smart Property Investment show, host Phil Tarrant and OpenCorp’s Cam McLellan and Matt Lewison dispel the myth of buying [...]
PODCAST INTERVIEW: OpenCorp’s Cam McLellan on community footy, property vs shares, and the impact of COVID-19 on the property market Waverley Park Hawks · Episode 8 OpenCorp’s Cam McLellan was recently interviewed by Lindsay Moore, from the Waverley Park Hawks Junior Football Club, for its Hawk Talk podcast. OpenCorp is a keen supporter of grassroots junior footy, and a major [...]
Why debt isn’t a dirty word for Treasurer Josh Frydenberg BY MATT LEWISON, DIRECTOR, OPENCORP OpenCorp's Matthew Lewison has been making sense of the numbers and demystifying the jargon. He goes into more depth in this audio clip: Coronavirus is an evil that has ambushed our daily lives on two fronts; the immediate threat to [...]
By Cam McLellan Building wealth through property is no different to most things in life. It’s all about mindset – if you tell yourself you can’t do it, chances are you will be correct. On the other hand, if you have the desire to give it a go then you will more than likely find [...]
The benefits of rentvesting come down to two main elements: cash flow (the return generated on money spent) and compound growth. Source: The Real Estate Conversation By Cam McLellan When it comes to buying your first property, Australians have two main options. 1. Purchase as an owner-occupier. In this instance, first homebuyers save up to [...]
We get asked this question every week…and it can be the difference between a property that delivers high returns and a property that flops. So, where is the best place to buy? Michael ‘Boz’ Beresford takes you through the strategy to find the right property in the right market. As well as providing some helpful [...]
If you’d listened to this particular piece of advice 5 years ago, you would have lost 130% of your property’s value. Doomsayers are everywhere. Be careful of their advice as it could mean you miss out on a massive opportunity. *Transcript Below* Media watch response to 60 Minutes: http://www.abc.net.au/mediawatch/episodes/60-minutes-property/10300068 Transcript Hey everyone, Boz here from [...]
2 things you might think have nothing in common, are actually very much alike. Boz takes you through why changing the recipe is not a good idea. *Transcript Below* Subtitles available* Hey everyone, Boz here from OpenCorp for this week’s Property Wealth WOD. Now we’ve actually got a bit of a continuation here. So as [...]
It isn’t just about location location location. Successful investing requires adhering to a fundamental principle. Boz takes you through why you should always buy below the median house price. Subtitles available*
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