Your property journey rarely ends at the first purchase. As life changes—career moves, family growth, location shifts—your home and loan should evolve too.
Stage 1: First home
- Build good habits: Offset usage, emergency buffers, and repayment cadence.
- Choose flexible features: Redraw, portability, and fair break costs matter.
- Plan ahead: Think about future renovations or location shifts.
Stage 2: Upsize or renovate
- Assess equity: Can you top up or refinance to fund improvements or a bigger home?
- Balance certainty and flexibility: Split loans can help during transitions.
- Mind the cash flow: Move, build, and furnishing costs add up—budget carefully.
Stage 3: Invest strategically
- Define objectives: Yield, growth, value-add, or diversification.
- Get the structure right: Debt splits, tax implications, and risk management.
- Review annually: Reprice, reassess buffers, and track performance.
Stage 4: Consolidate and optimise
- Debt reduction: Accelerate repayments when possible.
- Simplify: Fewer accounts, cleaner structures, and intentional features.
- Prepare for the long term: Insurance, maintenance, and estate planning.