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...
Choosing a family-friendly suburb. When buying a family home, no doubt we are all looking for a house that is spacious, functional and well suited to our family needs. Purchasing your own home is no easy task, so when buying your family home, its also important to consider the location. Not all areas offer the same family community environment. Finding a home is one things, matching it with your lifestyle...
What to ask yourself before buying a home. When buying a home, its among one of the most exciting lifestyle events you'll ever encounter. It is also a nervous one... Doing some research is important, while seeking advice is priceless! Here are a some helpful questions you should ask yourself when making the decision to purchase a home. What motivates you to buy a home? Understanding...
Obtaining a building and pest inspection. As property advisers, we help source brand new and off the plan opportunities. It is an essential part of our client service to encourage all buyers to employ a building and pest inspection. In nearly 99% of cases, brand new properties detect any pest control issues, however its always recommended prior to settlement. These inspections are very feasible and ensures...
Residential fencing laws in Victoria. When buying a house and land package, there are many ways of going about it. The more popular and transparent method is to buy a full turn-key home that offers a fixed price and is fully inclusive. Fully inclusive, also means landscaping and fencing. As each home has a fence dividing each property to the next, the last thing you want to do is upset your new...
From 1st July 2022, many home lenders will offer the federal government's low-deposit housing scheme assistance program. From 1 July, 40,000 new places under the Federal Government’s Home Guarantee Scheme (HGS) will become available to help Australians to buy their own home. To be eligible for the HGS you need to qualify with the below: Your household income must be less than $125,000 for...
The benefits of a rear loaded home. There are many house designs created to cater many different forms of land sizes. Pricing affordability has also introduced a number of different house and land packages to meet buyer's budgets. Rear loaded homes are one of these great solutions that are being warmly received by buyers. What is a rear loaded home? A rear loaded home is when a garage is situated at...
What is a planning permit? In this market insight we discuss the planning permit process and why its an important aspect to any new build. There are many planning permits that apply to both residential, commercial and various home imprisonments or renovations. In this market insight we will discuss the aspect of managing a brand-new home on a vacant block of land. Prior to commencing a home build, you'll...
Single storey vs double storey homes. This is a question asked by a number of our clients. When buying a house and land package, there are a large variety of choices to select from, both internally and externally. If the buying intention is to purchase a home to occupy or to invest, no one person settles on the same type of home. In this market insight, we discuss the difference between a single storey...
Buying a townhouse is a good investment. Buying a home at any stage of life is a big decision. For first home buyers, buying a townhouse can be a great footprint into the property market, while savvy investors can find a well located property with low maintenance. Not everyone wants a townhouse. At Crest Property Investments, we help source brand new and off the plan properties for buyers. In our daily...