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...
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...
The Australian property market has been seen to be one of the best forms of investment in the world. It has many laws in place to protect buyers, while quality control ensures the property is built with the correct standard to offer longevity. The Australian property market provides great opportunities. In the market insight we share some points why savvy Chinese investors buy property in...
If you are an existing landlord or tenant, you probably know what rental bond is. If you haven't, in this market insight we discuss what a rental bond is and how they are used. What is a rental bond? A rental bond is a payment the tenant makes when signing up for a rental property. If you want to rent a property most landlords will ask you to pay a rental bond before you move in. The rental bond is a...
Modern lifestyle has changed over the last two decades. Many younger adults are enjoying the lifestyle of inner city Melbourne. As their lives remain active, they are often choosing to occupy apartments. One of the most eye catching attractions is the ground courtyard. We are mow also seeing mature aged couples looking to downsize to an apartment. Mature aged people find apartments to be great as they...
A building inspector can provide confidence and peace of mind when buying a property off the plan. Even the best of builders require quality control. With today’s building practices, most supervisors oversee multiple jobs at the one time. It is recommended that regular stage inspections are carried out, so you have the peace of mind that your investment has been built in accordance with the requirements...
We have all contemplated whether it is better buying or renting property. In many cases, this is an easy conclusion, but many factors can create differing views. Traditionally, owning a home was seen as a priority. A sense of independence and financial well being. In recent decades, this philosophy has changed. Housing prices and the cost of living has made owning a home more challenging than ever...
If you are unsure what a conveyancer is and what they do, here is a brief overview. What is conveyancing? When a property transaction takes place, the land ownership is transferred from one person or entity to another. Conveyancing is a legal process used to execute these transfers. Both buyers and sellers require a conveyancer or solicitor to guide them through the process. A conveyancer generally...
Buying an investment property can be challenging at the best of times. Purchasing a property you've never been to can be even more challenging. For many investors, buying interstate can be very difficult to accept. Both new and experienced investors can feel a mix of emotions. Purchasing a property you've never been to can feel like a greater risk. We all work hard to place ourselves in an investment...
What are vacancy rates? If you have ever looked at buying an investment property, you are sure to have heard this terminology before. What are vacancy rates? Vacancy rates are the percentage of how many rental properties in a location or market are currently without a tenant or vacant. The rate is calculated by using the number of vacant properties, multiplying that number by 100, and dividing that...