What value does a property manager deliver? Owning an investment property can be incredibly rewarding — not just financially, but as a step toward long-term wealth and security. But the day-to-day reality of managing a property is often more complex than people expect. From finding the right tenants and coordinating maintenance, to understanding legal requirements and staying on top of finances,...
How to diverse your property portfolio? Diversifying your property portfolio is essential to managing risk and maximizing returns. Here are key strategies to achieve a well-diversified property portfolio: 1. Geographical Diversification Different Locations: Invest in properties across various cities, states, or even countries. This reduces exposure to localized market downturns. Urban vs....
Co-living houses are becoming increasingly popular among property investors due to their high rental yields, efficient space utilization, and strong market demand. Compared to traditional rental properties, they present a lucrative investment opportunity. What is a Co-Living House Design? A co-living house is designed to create shared living spaces within a single-family home or multi-unit residence. The...
Tax entitlements of buying a new property. Buying a brand new property comes with greater tax entitlements compared to purchasing an existing property, particularly for investors. Here’s why: Why a Brand New Investment Property Offers Better Tax Entitlements Investing in a brand new property provides significantly better tax benefits than purchasing an existing property. These benefits come from...
The Ultimate Guide to House and Land Packages: Why They’re a Great Investment & How We Can Help Buying property is one of the most significant financial decisions you can make. Whether you’re a first-home buyer, a growing family, or an investor looking for high-yield opportunities, a house and land package can be a smart choice. In this guide, we’ll explain what a house and land package is, why...
A dual-occupancy property is a residential lot that contains two separate dwellings on a single title. These dwellings can either be attached, such as a duplex, or detached, where two freestanding homes exist on the same block of land. Unlike a standard single-dwelling property, a dual-occupancy setup allows for multiple households to live on the same site while maintaining separate living spaces. Lets...
What is the main difference between a one-part contract and a two-part contract when buying a property? The main difference between these two contract types, lies in how the land and construction components are managed. One-Part Contract (Single Contract) Description: Combines the purchase of land and the construction of the property into one single agreement. Payment: Typically, you make one...
Current Rental Market Trends Rental Market Snapshot, according to the Real Estate Institute of Victoria (REIV): Melbourne’s rental vacancy rate rose slightly to 2.5% as of 31 December 2024, up from 2.3% in December 2023. Regional Victoria’s vacancy rate remained stable at 2.1%, showing minimal change over the past year. Weekly median rent for houses in Melbourne decreased by $10, settling...
The difficulty of affording a home in Australia stems from a combination of economic, demographic, and policy factors. Here's an overview: 1. High Demand, Limited Supply Population Growth: Australia's population growth, particularly in urban centers like Sydney, Melbourne, and Brisbane, has fueled demand for housing. This is partly due to natural growth and high levels of immigration. Supply...
A full turn-key house: A complete, move-in ready solution A full turn-key house is an upgrade offered by home builders, ensuring your home is fully completed with all necessary additions, such as internal wall painting, flooring, and blinds. Opting for a full turn-key package provides peace of mind, knowing that your home is truly 'move-in ready.' Once you receive the keys, you can either move in...