School zones push housing prices up. According to recent research conducted by Domain Group, prices in popular school zones witnessed dramatic increases as high as 46%! This is in just a 12 month period. Over the recent decade, many families have decided to pay a premium price tag to be housed within a school catchment. Parents are trying to enrol their children into high-performing...
5 minutes with Ryan Wu. Ryan Wu is one of Crest Property Investments consultants who has assisted many buyers in purchasing off the plan. With a sound background in accounting, Ryan finds great passion in souring properties that not only make money for people, but can also be tax effective for investors. We took the opportunity to pull him aside and ask some personal questions about his work life and...
Here are some financial quotes from the best business people on the planet. "If you buy things you don't need, soon you will have to sell things you need." Warren Buffet - American investor, possible know as the best ever. "Financial independence is the ability to live from the income of your own personal resources." Jim Rhon - American entrepreneur, author and motivational speaker. "A big part of...
Should I buy brand new or established property? There is no right or wrong answer but they do offer distinct differences. In this market insight we share some of the advantages and disadvantages to help you assess what's right for you. If you are buying to occupy or invest, its important you understand your circumstances and what you are actually buying in advance. Buying off the plan: Buying off the...
5 minutes with Tristan Markulija. Tristan Markulija is a the founder and principal property adviser at Crest Property Investments. With a reputable background in accounting, financial planning and mortgage brokering, Tristan made the switch to helping source brand new and off the plan properties for buyers. We took the opportunity to pull him aside and ask him some personal questions about his work...
Residential Tenancies Reforms - Regulation 13. This section covers off the latest safety related activities from Residential Tenancies Reforms. This is an extract for property investors needing some insight to what they are now responsible for. Electrical safety activities (1) The residential rental provider must ensure that an electrical safety check of all electrical installations,...
Covid-19 has changed what people want in a property. Over the last 18 months there have been some growing trends towards what people want in a home. Interestingly, investors are also trending the same objectives as owner occupiers. So what is actually trending? It's not necessary bigger is better, nor is it location its more focused on the floor plan design. As we have been forced to adjust to...
Melbourne property market has seen a number of new suburbs join the million dollar club with Clarinda sneaking in. Toorak remains in the top spot with a median house price of $4,370,000, however less than 30 sales were transacted in the last three months. Malvern and Hampton take second and third places respectively with $3,160,000 and $3,120,000, but also witnessed less that 30 sales in the same...
Return of private inspections. In accordance with the Victorian Government's announcement, we're excited to confirm the return of private inspections. We can now offer buyers the opportunity to walk through display homes via private appointments. This took effect as of 11.59pm Friday 17th September. As we specialise in sourcing brand new and off the plan properties for buyers, we have hundreds...
Building approvals - update. As the Australia economy continues to persevere through the global pandemic, building approvals improve as we anticipate new build activity within the next 12-18 months. Courtesy of the Australian Bureau of Statistics (ABS), there are some tabular and graphical illustrations for you to see. Overall summary The seasonally adjusted estimate for total dwellings...