Rental Market Snapshot: The Melbourne property market continues to see a supply issue for rental prices. It's becoming more evident when we reflect on the vacancy rates in this market insight. As interest rates look to potentially hold it's anticipated that more buyers will enter the market to purchase their own property over renting. As a property investor, leasing your property has never been...
There continues to be many suburbs within metropolitan Melbourne fetching past the million dollar figure. Toorak continues to hold the top spot at $5,550,000. Second and third place was Flinders and Canterbury surpassing $4,110,000 and $3,361,000 respectively. Rounding up the top 5, was Brighton which was previously third in the last quarter and and Shorum both fetching $3,300,000. The majority of...
Client Success Story #2. In this market insight, we want to take the opportunity to share a wonderful success story where one of our clients experienced some capital growth from the property advice provided by Crest Property Investments. Client Success Story #2 Tom purchased a house and land package in Rockbank. His investment increased by approximately $123,520 from the time he purchased it off the plan...
Common types of property ownership. When buying a property, there are a number of different ways you can own it. Depending on your circumstances and/or objectives, each ownership type provides its own advantages and disadvantages. In this market insight, we highlight some of the most common types of property ownership. There are various factors to consider when assessing the best suits property ownership,...
Most common home burglary entry points. When buying a home, the last thing you want to worry about is the threat of having your home broken into. Unfortunately home burglaries can occur in any suburb any time. It is important to always secure your home to prevent these occurrences In this market insight we highlight the most common home burglary entry points and some tips to avoid...
There continues to be many suburbs within metropolitan Melbourne fetching past the million dollar figure. Toorak continues to hold the top spot at $5,550,000. Second and third place was Flinders and Canterbury surpassing $4,110,000 and $3,361,000 respectively. Rounding up the top 5, was Brighton which was previously third in the last quarter and and Shorum both fetching $3,300,000. The majority of...
Property investors need an investment team. Regardless if you are a first time property investor or a seasonal experienced one, good investment decisions are made when you have the support of an investment team. A team that you can outsource trusted responsibilities making the process seamless and more efficient. An investment team doesn't have to cost you more, but it will enhance your investment...
How is landlord cover premiums calculated? When owning an investment property, having a contingency in place is important. Landlord cover is a policies that can protect your investment asset from several potential issues. Having insurance can be a financial safety net in the event of many unforeseen circumstances. How is landlord cover premiums calculated? The following is a general list to offer you...
What to know when buying property in a Self Managed Super Fund (SMSF). It's such an exciting prospect to be able to consolidate your superannuation into a SMSF with the aim of buying an investment property. For new investors, this can be a great way to experience the process of investing with little impact on your personal circumstances, subject to you receiving regular super contributions. For...
Top things to do in Bendigo One of the largest township in regional Victoria, Bendigo was founded in 1851 and now is home to over 120,000 people. It is also a very popular tourist destination and visited by many all year round. Here is a list of things to do, but in no particular order: Bendigo Town Hall Located in the heart of Bendigo this is one of the city’s greatest architectural achievements from...