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...
Buying property interstate. There are many opportunities to buy property throughout Australia. As market trends different in each state, the property markets will move in different cycles. This is why its important to know what you are doing in advance. In this market insight we highlight some of the advantages and disadvantages of buying property interstate. Advantages of buying property...
Rental Market Snapshot: The Melbourne property market has seen a huge decrease in vacancy rates since the Reserve Bank of Australia (RBA) increased interest rates for three consecutive months. There are economical opinions that there may be some more movement in interest rates as we approach the end of 2022. This has influenced vacancy rates to decrease significantly however Rental yields have remained...
The Australian Taxation Office (ATO) are to target property investors. The Australian property market has been steadily growing for the last decade. Property investors have been able to utilise various practices to reduce their tax and increase their rental return. However, some of these investors might not comply with the law. The ATO has decided to look closely at all income and tax deductions from the...
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...