Victoria's temporary off the plan stamp duty concession offer. The Victorian Government has introduced a temporary stamp duty concession for off-the-plan property purchases, effective from October 21, 2024, until October 20, 2025. This measure aims to encourage investment in apartments, townhouses, and units under strata subdivisions, excluding house-and-land packages and completed but unsold...
The benefits of a corner block of land. When sourcing a house and land package, there are many factors to consider. These factors can greatly differ among investors and owner occupiers, but a corner block can offer a number of unique benefits for many property buyers. In this market insight we discuss the benefits of a corner block. The benefits of a corner block A lot more natural...
Benefits of building a new home. Building a new home offers several advantages compared to buying an existing property. Here are some benefits of building a new home: 1. Customization: Design: You can design the layout and appearance of your home according to your preferences and needs. Features: Choose the specific features and amenities you want, such as energy-efficient appliances, smart...
A property caveat is a legal notice or warning that is lodged with the relevant government authority to inform interested parties, particularly potential buyers and creditors, that there is a legal interest or claim on a specific property. It is a common legal mechanism used in real estate transactions to protect the interests of individuals or organizations who have a stake in a property, even if they...
When is the right time to buy an investment property? The right time to buy an investment property can vary depending on a variety of factors, including your financial situation, investment goals, market conditions, and personal circumstances. Here are some considerations to help you determine when might be the right time for you: 1. Financial Preparedness: Evaluate your financial readiness to...
Tips when buying vacant land. Here we discuss what to consider when purchasing a block to build on. Buying land is a very exciting time, regardless if its to build a home to occupy or invest, let's explore the topic of buying vacant land. Understanding the legal obligation When buying vacant land you should have the contract reviewed by a solicitor to ensure the content is...
New changes to the Home Guarantee Scheme. The federal government has recently announced some new changes that will take into effect from 1st July 2023 aiming to help more Australians own a home sooner by expanding the Home Guarantee Scheme (HSG) criteria. The HSG is administered by the National Housing Finance and Investment Corporation (NHFIC) on behalf of the Australian Government and...
Understanding floor plans aren't always easy, particularly if you don't work in real estate. Viewing a floor plan and selecting the right one can be difficult if you can't visualise how it will look when it's finished building.At Crest Property Investments, we are buyers agents who aim to simplify the buying process, including finding it, negotiating price and presenting a solution that is right for you....
Building on a sloping block. Sourcing the perfect block of land to build your brand new home can be challenging. Will the frontage allow for the home you want? Is the property long enough to have an alfresco and/or backyard? Is the block in the right location and within budget? These are just some of the many considerations to figure out. What should you do if the block of your dreams is on a slope? In...
What to consider when choosing a construction loan. If you want to build a new house or perhaps update your existing property, this generally funded through a construction loan. It is quite common that many of our clients want our help sourcing a house and land package. In this market insight we aim to highlight some things to consider when choosing a construction loan. What is a construction...