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Work Your Numbers: New Financial Year


Business New Year Wishes for Homebuyers, Clients, Partners/Affiliates, Apex Homes Staff & Supporters

Happy New Financial Year to our staff team, clients and partners; And best wishes to Everyone. We are united in our common purpose and commitment to the Apex Homes journey and success story; when we are united we are unstoppable, despite the challenges the year ahead might bring or the changing of the seasons. A wonderful quote to start off the New Financial year is this: “If we had no Winter, the Spring would not be so pleasant. If we did not sometimes taste adversity, prosperity would not be so welcome.” Happy New FISCAL Year. Cheers to health, happiness and prosperity in FY 2023-2024. “There’s always a way - if you're committed.” THANK YOU for always being a part of our business. We appreciate your trust and co-operation, and look forward to your continued support in the coming year too. Want to set financial goals? Work your numbers. Financial security can last a lifetime. Let’s start.


Opening the Door to the New Financial Year

The gate of the end of financial year 2022-2023 is now shut. We move into a New Financial Year.

One of our goals for FY-2023 was to build a new glass door for the front of our Apex Homes Showroom at 31 Arden St North Melbourne; and that’s exactly what we did. For us, opening the glass doors of the new financial year speaks of expansiveness and possibility.

As we stand at the gates of a new year, we invite everyone to think about their home building and wealth creation plans, for the forthcoming new financial year (FY) 2023-2024. This is one of the most important times of the year, believe it or not; we are traditionally wired for a calendar year from January to December, but it’s usually Tax time that rings true for most of us mere mortals, which is why numbers are at the heart of each financial year, as we all set personal financial goals and personal budgets. What are you planning to do differently this new financial year? Have you made a new resolution for FY 2023-2024? As banks get tougher, we all have to get smarter with our numbers and start thinking about setting goals for the longer horizon. Whether it’s turning your family home into an investment, or utilising the equity in your home, it’s a great time to think about working your numbers right. I’m Bruno Luciani, a co-founder of Apex Homes, and in this edition of the e-newsletter, I will be joined by Hai Nguyen who is a leading home & lands expert with close to 25+ years experience in the property field.

What You Need To Consider At The Start Of A New Financial Year

I’m Hai Nguyen. I’ve assisted many clients and friends to buy their dream home, property or investment for over 25 years. The one thing they all have in common is that it all starts from working your numbers right. It’s not just the one thing, but often the most important thing you need to think about.

Over the next week, I will be writing two blogs (that will be made available on our website) that will take a much closer look at the process of converting your old family home into a profitable investment property.

Read on below to explore initial insights and find early guidance in the new financial year for your own transition from being an owner-occupier to a bona fide property investor.


How To Turn Your Old Family Home Into An Investment Property

It’s rare to secure the home of your dreams during your first foray into the property market. Even first home buyers who opt for a house and land package over purchasing an existing property may find the need to move on down the line, whether it’s because of their current home being just a touch too small for their growing family or a desire to move to another location. If you know that the time to move is approaching soon but you don’t particularly want to let go of your old family home just yet, then chances are you may have strongly considered keeping the home as an investment property. But is it possible to turn your old family home into an investment property? And will this decision impact your existing owner-occupier home loan? Seasoned property investors know that generating rental income or seeing a return on your property investment entails much more than just selecting pathways that promise the greatest profits. There are costs associated with property investment, whether you opt to rent out your old family home as it is, or renovate or rebuild in order to bolster its value and thus, its capacity for depreciation. And what if the wear and tear of your old family home makes it unsuitable to place on the rental market? In this instance, most homeowners tend to make two different decisions. The first is to sell the property then and there so that they can see a return on the initial investment that was the purchase of that property. The second option is to take on a knockdown rebuild project, or flip the house to boost the value of that property and see a potentially larger return on their investment. Of course, this option requires seeking out a construction loan as well as the costs of enlisting legal aid and a reputable building company to handle your build. Want to know more about what we can do for you? Contact one of our friendly team members today to inquire about our build and development services, or check out some of our Apex Signature projects to explore some of our recent property development projects across Melbourne.


How Does Equity Work When Buying A Second Home?

Believe it or not, but preparing to purchase your second home doesn’t feel too far removed from purchasing your first home. There’s still an element of confusion surrounding the process because the methods you may use to buy an additional property can look a touch different from purchasing as a first home buyer.

One element of purchasing a second home that can be confusing to buyers is purchasing your next property using equity. Although most of what we do here at Apex Homes involves supporting Aussie home hunters buy or custom build the home of their dreams, every now and then we do find ourselves answering a few questions surrounding equity.

Whilst economic growth is slowing, Core Logic reports that Australian property prices across the country have increased yet again (home prices grew 1.1% in June 2023). The recent pace of growth in housing values, facilitated by a lack of available supply amongst other factors, makes many homeowners rethink about the equity gained in their existing home and potential future opportunities to maximise their property’s value as a long-term investment.


Simply put, equity is basically the current value of your property minus what you still owe on that property in repayments.

Equity can grow in two different ways. First of all, homeowners can build equity on their home simply by making their regular principal and interest repayments on their existing mortgage. The other way that your equity can grow is by the value of your property increasing.

The equity on your home can be used in lieu of a liquid cash deposit on a new home. In doing so, your existing property effectively becomes security on the new debt you’ll be taking on when purchasing your second property.

If you are interested in a property and you are already a homeowner, it’s well worth refinancing the mortgage on your existing property in order to ascertain just how much equity you have to put towards purchasing a second home.

With this experiential knowledge at your disposal alongside all the information we’ve provided to you today, chances are your next foray into the real estate market is likely to be very fruitful indeed.

Want to know more about the process of buying or building your second home? Interested in how Apex Homes can help you buy or build your next property in any of Melbourne’s top growth corridors or growth suburbs? Contact one of our friendly experts at Apex Homes to inquire about buying or building your next property for your investment portfolio today.


Work Your Numbers Right in the New Financial Year 2023-2024

Open the door to new opportunities in the new financial year. Get on the right foot by following these strategies. Reassess your business budgets, goals & strategies. Consider options for improving the value of your home. Update your home. Maximise the potential for your land. Live smarter with a high tech home. Review your finances, cut down costs and benefit from genuine savings. Take time to set yourself up for the year ahead.

Top Money Saving Tips

☑️ As the years go on, keep saving!

☑️ Track your spending so you know where your money is going.

☑️ Maximise tax deductions.

☑️ Go for those financial goals and plan for the future.

☑️ Review your budget, loans & investments.

☑️ Make sure you are still getting the best deal from your bank, especially loan / rate terms.

☑️ Start planning early. A new financial year allows you to reset.

☑️ A new financial year can be an opportunity to turn things around and start fresh.

☑️ Prioritise your wellness.



Prepare for the year ahead; a new financial year is also a time for taking opportunities. It’s all about making informed decisions to maximise return on investment (ROI). Don’t panic. The next few days aren’t just about sorting out what’s been done and gone with June 30, nor is it about July 1 and rushing all life plans and goals. It’s about a mental shift from a normal calendar year Jan-Dec to a financial year June-June, to help you be more prepared come tax time but importantly to give yourself the best position to maximise tax efficiency throughout the year and work your numbers right. So work the numbers right for life’s big events or big purchases or life changes. A planned vacation, a new property or car, or moving house starts right here when you plan a new financial year.

I’m Hai Nguyen. Give me a call if you’re looking to buy & build, or dreaming of that next knockdown rebuild project. Work your numbers right, it helps every time, for all my clients.



NAVIGATING PLANS OF SUBDIVISION Subdivision effectively involves dividing or segmenting larger land plots into smaller lots. Lots can be allocated for the construction of dwellings like apartments, units, or townhouses, as well as roads, or common property like gardens and driveways. If you would like to collaborate with us on a bigger project, we can certainly work together on the numbers.

Specialists in Designing & Building Quality Homes


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