It is a fine accomplishment to buy yourself a property. Regardless of the property type or the location, congratulations on an amazing achievement. As the population increases, property becomes more scarce and in demand. In recent decades, Melbourne property has increased substantially making it very difficult for many people to achieve that dream. Saving for a property deposit is one of the hardest...
One of the most anticipated property goals is buying under market value. But price is what you pay and value is what you get! Don't mistaken this goal to be the secret to a successful property investment. It is not... Many who approach property investment with this prime objective to buying under value, often lack the tools to fully understand what is under market value and what is not. Savvy...
Renting vs owning a property has some significantly differences, particularity long term. To put it in a nutshell here are some key differences between renting vs owning a property: Owning a Property: You are accumulating your own wealth. You have the ability to customise the property to suit your own needs. Most investors borrow to invest in property. The monthly loan payments are likely...
The housing market in Victoria has experienced some price reductions in the last 12-18 months, but here are several good reasons why it is about to turn around and why now might be the best time to buy property. Reasons why it's time to buy property: Reserve Bank of Australia announced a 0.25 per cent rate cut in June 2019. With a further hint of seeing another rate cut as early as next month....
APRA changes make borrowing easier. Post the federal election, the mood in the property market looks active and very promising. There are many good indicators that indicate we are entering a new property cycle. A move that’s going to make it easier for everyday Australians to qualify for a loan. One of those indicators is the recent announcement from Australian Prudential Regulation Authority (APRA)....
When it comes to property buying, there are many types and forms of real estate available. One popular type of property is the house and land package. So what is a house and land package and why is it so popular? There are two types of house and land packages You buy your vacant land and later build your home with a construction loan. Buy the house completed on the developer’s land. The second...
Unfortunately, burglary and home theft is always an ongoing issue Australia wide. It’s not unheard of hearing cases where thieves follow you home, learn when you are at work and discovering ways to enter your home or garage. One of the most popular reasons why Australians buy and occupy Apartments is its enhanced security. Most modern Apartments are harnessed with their own intercom, camera access to...
A property with timber flooring is very popular. They look sophisticated, improve hygiene and often last longer than carpets. However over time with constant walking, the timber flooring can start to creak. There is nothing worse than waking up your partner or child as you head out to work walking of a squeaky floor. Do you have creaking floorboards? Here are three simple tips that may help with those...
According to the Australian Bureau of Statistics (ABS 3131.0 Dec 2018), the three major states of Australia being Sydney, Melbourne and Brisbane are witnessing over 300,000 new residents from overseas each year. This increasing population means that we need more property to house people. In view of the current economical commentary, there has been negative sentiment towards the property market. Some...
Buying property can be fun and exciting. If you have a plan or guide. Here is a manual guide outlining seven important to the buying process of purchasing off the plan: Step 1: Budget, Research and Plan. Talk to us. Its crucial to budget, research, and plan before purchasing any property in Australia. You may have decided on a location or a property, but it’s always helpful to speak to one of our...