Just how to boost your home’s equity
The greater amount of your property has increased in value it, the more equity you’ll have since you bought. Therefore in the event that you’ve owned your property for a long time, in that case your equity might have risen notably. In the last three decades, Australian housing rates have actually risen on average 7.2% each year in nominal terms, in line with the Reserve Bank of Australia’s Long-run Trends in Housing Price development report. So you may have accumulated some significant equity already without also attempting.