The latest conducted research by David Hensher and Corrinne Mulley of Sydney University confirmed that people commuting by public transport to the city prefer taking the train system. The three (3) main public used transportation systems are trains (railway), trams (light rails) and buses. Taxi and Urber transit are other highly used forms of transport, but we want to reflect on the public transport...
While researching home loans, you may have come across the term Lenders Mortgage Insurance or LMI, but what does it mean? What is Lenders Mortgage Insurance (LMI)? LMI is essentially an insurance policy that the borrower pays for to ensure the bank is covered if you default your home loan. Some people initially think it's an insurance policy to cover their mortgage repayments if they enter a...
When it comes to taking control of your personal finances, most don't take the time to create a budget. A budget doesn't mean you stop enjoying life. The primary purpose is providing you with a guideline to understanding what you can afford to spend on a property. This is irrelevant if you are buying a home to live in, use as a holiday home or to invest. It also allows you to discover what you are...
We all live busy life styles, but its without doubt an exciting time to be living your life in Melbourne. We are very spoilt for choice, from good schools to great cafes. One common theme we experienced last year (2017) was the growing love for an open floor plans. Many years ago a kitchen was seen to be nothing more than a place to cook. Open floor plans have changed kitchens forever. Having a nice...
New properties have become quite environmentally responsible or eco-friendly. They also feel good when you walk into a new place. Buying a new property, regardless if it’s an Apartment, House, Unit or Townhouse, have many in-built features that will not only please you but have you take a step further to being a little more eco-friendly. Floor to ceiling windows – many new Apartments and...
Why is owning real estate an Australian dream? Putting it quite simply, Australian’s love real estate because they are familiar with it. Everyone lives in some form of residence. If they own it outright, mortgaged, pay board or rent, we all have an emotional attachment and a direct experience. Owning a property is very empowering, offering us a feeling of success and prosperity. Many people trust...
Many years ago, many buyers purchasing apartments and townhouses were acquiring them for investment purposes. However, it’s becoming a more preferred choice for many Melbournians to buy these types of residences to occupy rather than invest. Married couples wanting to stay close to the city are regularly looking for spacious Apartments and Townhouses, while many sole occupants prefer it. The...
With a rising population density and continued demand for residence within close radius of the CBD, a car space has become a highly sought after feature. Car spaces in Melbourne and Sydney have sold for an alarming price of well over $100,000. The question remains, is a car space worth the additional cost or is it better to pay less and rely on the public transport system. Whether it’s a space on...
Melbourne - The most liveable city in the world. There are many research houses in the world who provide insight around economical data. The Economist Intelligence Unit's (EIU) Liveability Index ranks 140 cities each year taking note of the city's culture, stability and environment. Melbourne has now been ranked by the EIU as the world's most liveable city since 2011. Vienna has been top ranked by the...
Our kitchens are the centre of family life. They now serve as a meeting room, study, dining room and social place. How many people have their breakfast on the kitchen bench? Kitchens are no longer known for the centre of food preparation. Did you know… we love kitchens so much, they have doubled in size since the 1920s. Apparently, we spend more downtime and waking hours in our kitchens than any other...