Latest
Best suburbs
Growing your portfolio
Growing your portfolio
Investor stories
Investor stories
Improving your investment
Improving your investment
Podcasts
Webcasts

Mortgage payments to last retirement

By webmaster 04 January 2011 | 1 minute read

Almost half of all Australian households will be paying off their mortgage in retirement.

According to new research by RaboDirect, 49 per cent of surveyed respondents said they would be older than 60 before they finish paying their mortgage.

The survey by RaboDirect, a subsidiary company of Rabobank Australia, questioned people about their attitudes and behaviour towards debt and savings.

The results found that a significant portion of Australians have a low level understanding of many financial services and products.

About half the survey thought transaction and savings accounts were the same thing.

What will it take for the bank to lift the rates

2 MIN READ

What will it take for the bank to lift the rates – and how will it impact property investors?

The stronger than expected recovery outlined in Tuesday’s budget now has leading commenters expecting the RBA could li...

Budget needs to target housing choice and affordability in regions

1 MIN READ

‘Budget needs to target housing choice and affordability in regions’

While the upcoming federal budget is expected to focus on job creation, experts believe an opportunity exists for a “p...

1 MIN READ

RBA makes May cash rate announcement

The Reserve Bank of Australia has made its May call on the official cash rate, with the economy said to be a long ...

Victorian govt attempts to hijack property boom with new taxes

Must Read

Victorian government attempts to hijack property boom with new taxes

Early indicators point to a cooling market

Must Read

Early indicators point to a cooling market

Capital cities see lower clearance rates as volumes decline

Must Read

Capital cities see lower clearance rates as volumes decline

Listen

INSIDE COMMERCIAL PROPERTY – WITH RETHINK INVESTING: What you should and shouldn’t do in the current commercial market

Listen

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Manufacturing equity in a rising market

Listen

AUSTRALIAN WEALTH BUILDERS WITH OPENCORP: How much do you need to start your property investment journey?

Right Property Group

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Manufacturing equity in a rising market

Right Property Group

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Why due diligence is key in a rising market

Right Property Group

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Looking back to look forward

mortgage calculators

Having your finances in order is essential to any successful investment. Use our calculators below to help plan your investment strategy and maximise your investment potential.

top suburbs

12 MONTH GROWTH

array(10) { [0]=> object(stdClass)#16893 (4) { ["postcode"]=> string(4) "2251" ["suburb"]=> string(10) "Copacabana" ["median_twelve_month_growth_percent"]=> string(15) "47.549811523963" ["link"]=> string(25) "/data/nsw/2251/copacabana" } [1]=> object(stdClass)#16896 (4) { ["postcode"]=> string(4) "5034" ["suburb"]=> string(9) "Millswood" ["median_twelve_month_growth_percent"]=> string(15) "47.176470588235" ["link"]=> string(23) "/data/sa/5034/millswood" } [2]=> object(stdClass)#16879 (4) { ["postcode"]=> string(4) "5092" ["suburb"]=> string(7) "Modbury" ["median_twelve_month_growth_percent"]=> string(15) "46.531791907515" ["link"]=> string(21) "/data/sa/5092/modbury" } [3]=> object(stdClass)#16912 (4) { ["postcode"]=> string(4) "2261" ["suburb"]=> string(8) "Blue Bay" ["median_twelve_month_growth_percent"]=> string(15) "46.477272727273" ["link"]=> string(23) "/data/nsw/2261/blue bay" } [4]=> object(stdClass)#16889 (4) { ["postcode"]=> string(4) "2672" ["suburb"]=> string(15) "Lake Cargelligo" ["median_twelve_month_growth_percent"]=> string(15) "46.428571428571" ["link"]=> string(30) "/data/nsw/2672/lake cargelligo" } [5]=> object(stdClass)#16887 (4) { ["postcode"]=> string(4) "2712" ["suburb"]=> string(8) "Berrigan" ["median_twelve_month_growth_percent"]=> string(15) "45.984251968504" ["link"]=> string(23) "/data/nsw/2712/berrigan" } [6]=> object(stdClass)#16915 (4) { ["postcode"]=> string(4) "3350" ["suburb"]=> string(9) "Newington" ["median_twelve_month_growth_percent"]=> string(14) "45.90570719603" ["link"]=> string(24) "/data/vic/3350/newington" } [7]=> object(stdClass)#16883 (4) { ["postcode"]=> string(4) "2157" ["suburb"]=> string(8) "Glenorie" ["median_twelve_month_growth_percent"]=> string(15) "45.019920318725" ["link"]=> string(23) "/data/nsw/2157/glenorie" } [8]=> object(stdClass)#16922 (4) { ["postcode"]=> string(4) "3550" ["suburb"]=> string(10) "Flora Hill" ["median_twelve_month_growth_percent"]=> string(15) "44.421906693712" ["link"]=> string(25) "/data/vic/3550/flora hill" } [9]=> object(stdClass)#16881 (4) { ["postcode"]=> string(4) "6053" ["suburb"]=> string(9) "Bayswater" ["median_twelve_month_growth_percent"]=> string(15) "44.144144144144" ["link"]=> string(23) "/data/wa/6053/bayswater" } }

Copacabana

47.55%
Millswood

47.18%
Modbury

46.53%
Blue Bay

46.48%
Lake Cargelligo

46.43%
Berrigan

45.98%
Newington

45.91%
Glenorie

45.02%
Flora Hill

44.42%
Bayswater

44.14%

latest hotspot

Research

After bearing the brunt of the impact of COVID-19 last year, the Victo...

Research

Despite a turbulent 2020, Adelaide’s property market remained largel...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Mortgage payments to last retirement

Related articles

What will it take for the bank to lift the rates – and how will it impact property investors?

‘Budget needs to target housing choice and affordability in regions’

RBA makes May cash rate announcement

related articles

What will it take for the bank to lift the rates – and how will it impact property investors?

‘Budget needs to target housing choice and affordability in regions’

RBA makes May cash rate announcement

Home loan demand continues to soar

Why you need to exercise caution in a low-rate environment

Rate of inflation disappoints, silencing interest rate doomsayers

Research

After bearing the brunt of the impact of COVID-19 last year, the Victo...

Research

Despite a turbulent 2020, Adelaide’s property market remained largel...

Website Notifications

EXPLORE MORE RESOURCES

RELATED EVENTS AND SUMMITS

STAY CONNECTED

USEFUL LINKS

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

useful links

CATEGORIES

STAY CONNECTED

Mortgage payments to last retirement

Tags

Related articles

What will it take for the bank to lift the rates – and how will it impact property investors?

‘Budget needs to target housing choice and affordability in regions’

RBA makes May cash rate announcement

related articles

What will it take for the bank to lift the rates – and how will it impact property investors?

‘Budget needs to target housing choice and affordability in regions’

RBA makes May cash rate announcement

Home loan demand continues to soar

Why you need to exercise caution in a low-rate environment

Rate of inflation disappoints, silencing interest rate doomsayers

Get the latest news & updates

Research

After bearing the brunt of the impact of COVID-19 last year, the Victo...

Research

Despite a turbulent 2020, Adelaide’s property market remained largel...

Website Notifications

EXPLORE MORE RESOURCES

RELATED EVENTS AND SUMMITS

STAY CONNECTED

USEFUL LINKS

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

useful links

CATEGORIES

STAY CONNECTED