Will working from home change floor plans? The global pandemic (AKA covid-19) has caused inevitable change in the way we socialise, relax and work. It has no doubt changed our lives forever and we either learn from it or we get stuck in the now. In this market insight, we discuss how working from home may become the norm for many years or even decades to come. The days of a corporate office may never be...
An introduction to settlement. When buying off the plan, buyers have to wait for their dream home or investment property to be completed. In this market insight we outline the steps required to satisfactorily settle a house and land package. What is Settlement? Settlement is the date when the property title is transferred into the name of the purchaser, and the balance of the purchase price...
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...
Keeping your home safe and secure when on holidays. We all deserve a holiday, but who doesn't feel a little anxious about leaving their home unoccupied. The last thing you want is to return from a family holiday to soon discover your home has been burgled. Here are some ways to keep your home safe and secure Organise a house sitter Having a house sitter occupy your home while you are away is a...
Benefits of buying off the plan. It can be a rewarding experience buying a brand-new property. When buying off the plan, you have a number of unique benefits that make this form of buying real estate very exciting. With any form of property purchase there are always various advantages and disadvantages to consider. In this market insight we will focus on the key benefits of buying off the plan. The most...
How to select the right townhouse. Due to the continuous increase in land prices in Australia, the prices of independent homes are rising, so many home buyers and investors are now targeting townhouses with higher cost-effectiveness. So how to choose an excellent townhouse? What kind of townhouse is a good design? How do you maximise living comfort and ensure that the properties you invest in is...
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...
The new HomeBuyer Fund was announced by the Victorian Government on the 8th October 2021. Premier Dan Andrews revealed a $500 million scheme that’s expected to support more than 3,000 Victorians becoming home owners. This welcoming news is to improve housing affordability and to attempt further stability. Premier Dan Andrew also mentioned, “The pandemic has heightened financial pressures for...
What is stamp duty? Here is a guide to understanding stamp duty in Victoria when purchasing a direct residential property. Before purchasing a property, it's wise to assess the stamp duty implications to ensure you can afford the total cost of buying a home. What is stamp duty? In Victoria is also known by the term 'land transfer duty'. It is essentially incurred when a buyer purchases a...
Owning property requires a big commitment. One of the key contributors to reaching financial independence is through owning property. In recent decades, many people have found pricing affordability difficult. As prices increase, its obvious than many Australians will continue to find this worse over time. There are many ways to increase your ability to afford a home, but many...