Top things to do in Footscray Footscray has transformed over the years into one of Melbourne’s most exciting, diverse, and rapidly evolving suburbs. Just 5km west of the CBD, it offers an eclectic mix of cultures, cuisines, arts, and green spaces. Whether you’re a local, visitor, or someone thinking about investing here, Footscray has something for everyone. Here’s our round-up of the top 10 things...
Tax entitlements of buying a new property. Buying a brand new property comes with greater tax entitlements compared to purchasing an existing property, particularly for investors. Here’s why: Why a Brand New Investment Property Offers Better Tax Entitlements Investing in a brand new property provides significantly better tax benefits than purchasing an existing property. These benefits come from...
The Ultimate Guide to House and Land Packages: Why They’re a Great Investment & How We Can Help Buying property is one of the most significant financial decisions you can make. Whether you’re a first-home buyer, a growing family, or an investor looking for high-yield opportunities, a house and land package can be a smart choice. In this guide, we’ll explain what a house and land package is, why...
Motivational Quotes for Property Investors: Words to Inspire Your Success Investing in property is one of the most rewarding paths to financial security and long-term wealth. It requires patience, strategic thinking, and the willingness to take action. Many successful investors have been inspired by powerful words of wisdom that reinforce the importance of making bold...
A dual-occupancy property is a residential lot that contains two separate dwellings on a single title. These dwellings can either be attached, such as a duplex, or detached, where two freestanding homes exist on the same block of land. Unlike a standard single-dwelling property, a dual-occupancy setup allows for multiple households to live on the same site while maintaining separate living spaces. Lets...
What is the main difference between a one-part contract and a two-part contract when buying a property? The main difference between these two contract types, lies in how the land and construction components are managed. One-Part Contract (Single Contract) Description: Combines the purchase of land and the construction of the property into one single agreement. Payment: Typically, you make one...
Top growth suburbs over the last three month period ending 31 December 2024. With interest rates remaining elevated, there is growing optimism that recent inflation data may prompt the Reserve Bank of Australia (RBA) to consider a rate cut in the coming quarter. Such a move could provide much-needed relief to borrowers and stimulate further activity in the property market. Over the past three months,...
Current Rental Market Trends Rental Market Snapshot, according to the Real Estate Institute of Victoria (REIV): Melbourne’s rental vacancy rate rose slightly to 2.5% as of 31 December 2024, up from 2.3% in December 2023. Regional Victoria’s vacancy rate remained stable at 2.1%, showing minimal change over the past year. Weekly median rent for houses in Melbourne decreased by $10, settling...
The difficulty of affording a home in Australia stems from a combination of economic, demographic, and policy factors. Here's an overview: 1. High Demand, Limited Supply Population Growth: Australia's population growth, particularly in urban centers like Sydney, Melbourne, and Brisbane, has fueled demand for housing. This is partly due to natural growth and high levels of immigration. Supply...
A full turn-key house: A complete, move-in ready solution A full turn-key house is an upgrade offered by home builders, ensuring your home is fully completed with all necessary additions, such as internal wall painting, flooring, and blinds. Opting for a full turn-key package provides peace of mind, knowing that your home is truly 'move-in ready.' Once you receive the keys, you can either move in...