This is something we always highlight to a buyer. The term cooling off period means the same for any off-the-plan purchase. Should you be buying an Apartment, townhouse or house and land the disclosure is equally managed. However, the cooling off period and rules vary between each state of Australia. As we are domiciled in Melbourne, we wanted to share this information in relation to Victoria only. In...
Many Australians are cautious of buying apartments off the plan. At face value they seem complicated and hard to understand. However, this is quite the opposite. If you know what you’re doing an Apartment can really present so many benefits to you. We won’t elaborate on the opportunities within this article, but we want to share some important tips to buying an Apartment off the plan. Selecting...
Property affordability is challenging. A strategy many take is to use a guarantor. In this article we discuss the benefits on how it may help. Please note every strategy has it’s set of advantages and disadvantages. We therefore urge everyone looking to buy a property, particularly when using a guarantor to seek advise first. Many good sources are your accountant, financial planner, lawyer/solicitor...
Recent research conducted by a global index-based online real estate firm ‘Nested” claims that it’s possible to pay off your home loan quicker. https://nested.com/ They calculated how long it would take a property investor to regain the property value based on average rental income and Airbnb costs. It researched seventy-five international cities that featured both Melbourne &...
When it comes to taking control of your personal finances, most don't take the time to create a budget. A budget doesn't mean you stop enjoying life. The primary purpose is providing you with a guideline to understanding what you can afford to spend on a property. This is irrelevant if you are buying a home to live in, use as a holiday home or to invest. It also allows you to discover what you are...
Establishing your objectives. As a former financial planner and now property adviser, Tristan Markulija has seen quite a number of goals and objectives. Some with great motivation, some very realistic and achievable, while some are completely unattainable. Part of our process in sourcing the right property for you, our team devote a large component in educating you on the property market, helping you...
Time is the most valuable commodity. If we could by time to continue saving, while locking in a property price for the future, how awesome would that be? Purchasing off the plan buys more time. Let’s explore this idea further. Once sourcing the property that appeals to you, buying off the plan offers you the chance to purchase a property now, but settling a loan in the future (i.e. 18 months or...
Many years ago, many buyers purchasing apartments and townhouses were acquiring them for investment purposes. However, it’s becoming a more preferred choice for many Melbournians to buy these types of residences to occupy rather than invest. Married couples wanting to stay close to the city are regularly looking for spacious Apartments and Townhouses, while many sole occupants prefer it. The...
Buying property is an exciting time. The feeling you get after buying provides such a great feeling of success. We all work hard and its time you get a chance to show it! As property advisers, we pride ourselves on service. Our priority is to understand your needs and present the right solution exclusively for your situation. If you don’t conduct the right property research and review your own...
Our kitchens are the centre of family life. They now serve as a meeting room, study, dining room and social place. How many people have their breakfast on the kitchen bench? Kitchens are no longer known for the centre of food preparation. Did you know… we love kitchens so much, they have doubled in size since the 1920s. Apparently, we spend more downtime and waking hours in our kitchens than any other...