A building inspector can provide confidence and peace of mind when buying a property off the plan. Even the best of builders require quality control. With today’s building practices, most supervisors oversee multiple jobs at the one time. It is recommended that regular stage inspections are carried out, so you have the peace of mind that your investment has been built in accordance with the requirements...
When buying a property, it's important to look at a number of items. One of those is understanding an easement on a property. Many people find it difficult to understand easements and the many legal problems that surround them. It is a complex area with some difficult terms and conditions. Here is some basic information to help. What is an easement? An easement is a section of land registered on your...
We have all contemplated whether it is better buying or renting property. In many cases, this is an easy conclusion, but many factors can create differing views. Traditionally, owning a home was seen as a priority. A sense of independence and financial well being. In recent decades, this philosophy has changed. Housing prices and the cost of living has made owning a home more challenging than ever...
What is a master planned community? When buying a house and land package you’ll most likely hear about a master planned community. However what does it mean? In this market insight, we highlight and discuss this further. What is master planned community? A master planned community is a residential land estate designed for families to live and raise their families. They often feature a number of...
If you are unsure what a conveyancer is and what they do, here is a brief overview. What is conveyancing? When a property transaction takes place, the land ownership is transferred from one person or entity to another. Conveyancing is a legal process used to execute these transfers. Both buyers and sellers require a conveyancer or solicitor to guide them through the process. A conveyancer generally...
The First Home Owner Grant is also known as FHOG. It is a Government scheme that provides a one off payment to a first home buyer who purchases or builds their first home. The payment provided by the government and the eligibility rules differ from state or territory where purchased. Here we summarise some basic information relating to the First Home Owner Grant in Victoria. You can receive up to...
Land is a precious commodity. Some feel it’s the essence of property investment. Are you familiar with the term titled land? In this article we teach you what titled land is compared to untitled. In residential property, titled land is when the allotment has been officially recorded with the Land Registry. If your block is officially titled land it’s been granted a Certificate of Title. This...
Common concerns when buying off the plan. There are many benefits with buying off the plan, however some feel nervous or suspicious about it. In this article we want to highlight some common concerns when buying off the plan. Buying off the plan means you’re purchasing a property before it is completed. Below is a summary of common concerns: What if the builder goes bankrupt, will I lose...
Have you ever considered buying a property off the plan? Why would we choose to buy off the plan? Most people love the smell of a new home... The new floorboards, the silky stone benchtops, the spacious new walk-in-robe or that inspiring hot tub!! There are many amazing things to love in a new property. There are also various financial benefits. However, these can differ depending on the type of...
A roof top terrace is a growing amenity among new modern apartments. Having an amazing view of the Dandenong mountains or twilight views of the Melbourne city skyline are undoubtedly a pleasure. However is it worth it? Some roof top terraces have teppanyaki kitchen appliances or barbecues, a garden terrace and outdoor furniture. Larger apartment buildings can also include a swimming pool, cinema or...