The value a garage adds to a property. There is evidence that there is always a growing trend for a car space, this is in high demand when located inside close proximity to the city. Many modern home designs feature a garage as part of artistically presenting a beautiful front facade. With Melbourne's culture, Melbournians still choose to drive to work over using public transport, the value of a garage...
Property investment mistakes. No investors ever wants to encounter a mistake when implementing an investment strategy. We all do our due diligence with the aim of making money but certain mistakes can cause problems. In this market insight, we take the opportunity to share some of the property investment mistakes so you can look to avoid them in future. 1. Not understanding the...
There are many different types of properties available to buyers. Townhouse living has grown in popularity over the last decade. In this market insight we discuss 5 reasons to consider buying a townhouse. 1: Townhouses feature a full turn-key solution When buying a new townhouse, the developer will offer a full turn-key solution. This means you're buying a fully completed home that features...
Should you buy old or new properties? The opinion may differ among buyers, investors and other property enthusiasts. At Crest Property Investments, its a question we've been asked many times. In this market insight we highlight some of the general key differences between the two opportunities. Buying new properties: Buying new will offer greater longevity Investors receive great...
What is a walking score? These is one of the many fundamentals that contribute to our property research. The walking score reflects how easy it is to get around without a car. What is a walking score? The walking score is a number between 0 and 100 (100 representing a perfect score). Melbourne is the only location in Victoria ranked with a perfect 100, making it number 1 place to...
Why a rental return is so important. It's without doubt. Successful property investors rely on the income through rent as much as the anticipated capital growth. However too many investors don't put enough thought into who is the best person to occupy their property or if they receive a consistent level of rent. In most cases property investors' primary objectives are to receive capital growth. It is one...
The correlation between land-to-asset ratio and capital growth. Not all investors make note of this fundamental in their investment decisions. Some of the more experienced investors would have heard this term, but many don't quite understand how to use it. In this market insight, we discuss what a land-to-asset ratio is, how it can demonstrate capital growth potential and how not to use...
What is a buyers advocate? At Crest Property Investments, we specialise in sourcing brand new or off the plan properties for buyers. Our niche service as a buyers advocate is quite different to a traditional real estate agent. You'll find a real estate agent often services and works for the vendor with the intent of selling their property. While a buyers advocate services and works for the buyer. What...
Wear and tear occurs over time, particularly when the property gets older. The question asked by many investors is who is responsible? When does it fall on the rental provider or the renter? In this market insight we share some helpful information to help you determine who may be liable. Please note, we highly recommend discussing this in advance with your property manager. They are up to date with the...
What capital growth properties have in common. When buying an investment property, we all make the decision on the basis of making money. Property investment offers three unique returns, rental (income), tax entitlements and capital growth. In this market insight we highlight the common themes that are seen in a properties that receives capital growth. 1. A good location One of the most...