Rental Market Snapshot: Due to the global pandemic, covid-19 impacted vacancy rates and rent yields across the country. After the second wave of Melbourne moving into lock-down, these numbers further deteriorated. The outlook looks very positive ad we should see these numbers improve. Taking a look at both metropolitan Melbourne and regional Victoria, regional Victoria has outperformed. Numbers from...
Thinking of buying off the plan? Purchasing a brand new property can be very rewarding. Walking into a home smelling the freshly painted walls or admiring the stone surface of your new kitchen island bench are just a couple of things that make buying off the plan an amazing decision. There are many reasons why buying off the plan is a great way to purchase a property, however in the market insight...
When buying an off the plan property, its important to take note of the specifications and inclusions list. Knowing what fixture and fittings are included in the build will highlight the anticipated quality you'll expect. What are fixture and fittings? Fixture and fittings are two separate things. Fixtures are items that are secured or bolted to the walls or floor, such as lights. Fittings on the other...
Having your home smell great, makes a home more inviting and welcoming. Keeping it smelling nice can be challenging if you have children, lower ventilation, pets etc. Here we outline some ways to make your home smell great. Candles look and make your home smell great Candles are really effective. The light shimmering can also be quite majestic. Many candles can offer a short term aromatic smell. They...
At Crest Property Investments, we have been assisting buyers for many years, by sourcing brand new or off the plan properties. Our niche service as a buyers advocate also known as a buyers agent is quite different to a traditional real estate agent. Here we share the key differences between our buyers advocacy service and a real estate agent. Buyers agent: We act on behalf of the buyer We act in the...
Top things to do in Ascot Vale Ascot Vale is a lively inner city suburb, just 6 kms from the Melbourne CBD. It has gone through quite a gentrification phase and showing signs of becoming an affluent area. Here is a list of things to do, but in no particular order: Tickity Boo Tickity Boo is a unique kid play centre in Melbourne, Providing best birthday party or private function with a memorable...
Apartment living in Australia, most notably in Melbourne and Sydney have become widely popular for many reasons. In recent years, the inclusion of internal amenities have increased the appeal. They also provide low maintenance living, many located in blue chip suburbs and they can be more affordable than buying a house. Given the popularity of Apartment living, you’ll be surprised what a modern...
Buying a property of any kind is a fine achievement in itself. You can purchase a property in a number of ownership types, including individuals, companies, and trusts. In this market insight, we explore the difference between joint ownership and tenants in common. The most common way to buy a property is with two people. These two people are often spouses. Having two people collectively can make it...
When building a house, there are a variety of build stages to be aware of. One in particular is the key handover. The key handover consists of a few important events. Here we highlight the build stage in more detail. House clean Now that the build has reached practical completion, it’s time the home gets cleaned. As a number of trades have been walking through the home on a daily basis, the foot...
Over the last few decades, many new investment assets and strategies have become available. However many investors continue to turn to buy property. There are many reasons why investors remain committed to buying property. Here we discuss the main ones: Income Successful investors seek to earn income as part of their investment strategy. Shares earn income through dividends paid generally every 6-12...