How is landlord cover premiums calculated? When owning an investment property, having a contingency in place is important. Landlord cover is a policies that can protect your investment asset from several potential issues. Having insurance can be a financial safety net in the event of many unforeseen circumstances. How is landlord cover premiums calculated? The following is a general list to offer you...
What to know when buying property in a Self Managed Super Fund (SMSF). It's such an exciting prospect to be able to consolidate your superannuation into a SMSF with the aim of buying an investment property. For new investors, this can be a great way to experience the process of investing with little impact on your personal circumstances, subject to you receiving regular super contributions. For...
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...
Rental price increases. Over the course of 2022 calendar year, we witnessed many changes in the property market. One of the more notable highlights and warmly welcomed by property investors (landlords) we the recent rise in rental yields. The residential property market has seen a shortage in supply for places to rent. The high demand has placed upward pressures on asking rental prices. According to...
Rental Market Snapshot: The Melbourne property market has seen a huge take up in rentals. The property supply shortfall is upon us and it is likely to see potential upward pressures on property prices as the year progresses in 2023. At this stage interest rates are placing affordability issues on many buyers, so the rental market will remain hot. Regional Victoria continues to demonstrate better vacancy...
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...
Rental Market Snapshot: The Melbourne property market has witnessed some high interest rate moves in the last quarter, resulting into a short fall of rental properties throughout the state. As we enter the last quarter of 2022, it will be interesting to see how vacancy rates continue. At this point, they are reducing very fast. Regional Victoria continues to demonstrate better vacancy rates, however...
Common risks when building a custom home. When building your dream home, it can be both one of the most exciting times of your life and one of the scariest. Both for good reason. This can be a self rewarding experience provided you set out with good intentions and a realistic approach. For many homeowners, this isn’t always the case. In this market insight, we take the opportunity to share some...
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...
How to understand the value of your property. There are many ways to determine the value of your property, but in this market insight we highlight three large factors that generally outweigh all other considerations. Understanding the value of your property will make it easier to understand how you can add value to your investment property in the future. There are three main ways to value of your...