Rental Market Snapshot: The Melbourne property market continues to see a heavy supply shortfall for rental properties. Vacancy rates have further decreased as property affordability remains challenging. According to the The Real Estate Institute of Victoria (REIV) :- The proportion of vacant properties in metro Melbourne stands at approx. 2.1% as at 30 June 2023. This has significantly...
Steps to purchasing property in an SMSF. Having the opportunity to use your superannuation to purchase a property is a super exciting prospect. This strategy has become widely popular over the last decade. At Crest Property Investments, we have helped many investors purchase the right property to suit their circumstances and the investment strategy. The founder of Crest Property Investments, Tristan...
Rental Market Snapshot: The Melbourne property market continues to see a supply issue for rental prices. It's becoming more evident when we reflect on the vacancy rates in this market insight. As interest rates look to potentially hold it's anticipated that more buyers will enter the market to purchase their own property over renting. As a property investor, leasing your property has never been...
Common types of property ownership. When buying a property, there are a number of different ways you can own it. Depending on your circumstances and/or objectives, each ownership type provides its own advantages and disadvantages. In this market insight, we highlight some of the most common types of property ownership. There are various factors to consider when assessing the best suits property ownership,...
Property investors need an investment team. Regardless if you are a first time property investor or a seasonal experienced one, good investment decisions are made when you have the support of an investment team. A team that you can outsource trusted responsibilities making the process seamless and more efficient. An investment team doesn't have to cost you more, but it will enhance your investment...
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...