What can cause construction delays? Buying a property off the plan is an exciting opportunity that has suited many types of buyers for decades. You can purchase apartments, townhouses and house & land packages to name a few. When buying off the plan you’ll be given guidance around the construction timeframe and estimated completion date. Many buyers use that time to save additional money to...
New government incentives for buyers - here is the latest. Both the state and federal governments have worked together to stimulate the construction industry with the following incentives: HomeBuilder package The home builder package is $25,000 up until 31 December 2020. This has been extended offering $15,000 from 1st January 2021 to 31st March 2021. The be eligible for the home builder grant the...
What you can borrow and what you should borrow can vary greatly. The amount between the two can be the difference between buying a property you can purchase and settle or proceeding to soon learn you’ll be loosing your deposit plus other penalties. Before purchasing a property it’s quite important to establish your borrowing capacity in advance. In this market insight we discuss this in more...
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...
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...
To our beloved pet owners, everyone would agree that our pet is part of the family. Many Australians are now living in apartments located closer to the city. Keeping a happy pet in an apartment is important too. Here we offer some tips to keeping a happy pet. Apartment living There has been a growing trend in Australia, most notably in Melbourne. Apartment living has become popular...
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...
When considering building a brand new house on a vacant block of land, you’ve probably come across the term, site costs. Those that have not, here we discuss what site costs are and what they include. When obtaining a build quote, it’s important to understand all of the costs required to build your dream home or investment property. A full turn-key build has become widely popular as the price is fixed...
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...