Market insights

Market_Insights_Business_Update

Business update – from Tristan Markulija

Business update - from Tristan Markulija   Tristan Markulija is the founder and principal property adviser at Crest Property Investments. We took the opportunity to get an update on Crest Property Investments and all things property.   Q. What does Crest Property Investments offer and why is it different? We source brand new and off the plan properties for buyers. If you are a first home buyer,...

Market_Insights_Building_and_Pest_Inspections

Obtaining a building and pest inspection

Obtaining a building and pest inspection. As property advisers, we help source brand new and off the plan opportunities. It is an essential part of our client service to encourage all buyers to employ a building and pest inspection. In nearly 99% of cases, brand new properties detect any pest control issues, however its always recommended prior to settlement. These inspections are very feasible and ensures...

Top things to do in Altona

Top things to do in Altona Altona is an established suburb located 13 kms from the Melbourne CBD (city). The suburb is situated within the City of Hobsons Bay. Here is a list of things to do, but in no particular order: Altona Beach Altona Beach has attracted many locals and tourists and regarded one the most popular beaches in the western suburbs of Melbourne. It holds a number of different sporting...

Market_Insights

Seven-star energy rating for new homes

Seven-star energy rating for new homes. The Victorian Government recently announced a set of new building standard that are to take into effect from 1st October 2023 with a transition strategy to occur from 1st May 2023. These new changes will mean, new home owners will find it cheaper to heat and cool your property all year round. It is anticipated to be more comfortable to occupy, particularly against...

Melbourne’s Million Dollar Suburbs – September 2022

The Australian property market has witnessed sharp interest rate rises, but it hasn't deferred from a number of suburbs surpassing the million dollar barrier. Toorak continues to hold the top spot after decreasing significantly to $3,650,000. Second place was Hawthorn East increasing substantially from seventeenth to second. Brighton dropped from second to third place, but its important to note both Toorak...

Top growth suburbs by median property prices – September 2022

As we approach the third quarter of 2022, the Melbourne property market witnessed some interest rate hikes that caused many suburbs to experience capital depreciation. However there were still a number of suburbs that increased. Here we focus and share the latest quarterly figures within the Melbourne property market. Top growth suburbs by median house price Here is a current list of the suburbs that have...

Market_Vacancy_Rates

Rental Market Snapshot – September 2022

Rental Market Snapshot: The Melbourne property market has witnessed some high interest rate moves in the last quarter, resulting into a short fall of rental properties throughout the state. As we enter the last quarter of 2022, it will be interesting to see how vacancy rates continue. At this point, they are reducing very fast. Regional Victoria continues to demonstrate better vacancy rates, however...

Market_Insights_Custome_Builder

Common risks when building a custom home

Common risks when building a custom home. When building your dream home, it can be both one of the most exciting times of your life and one of the scariest. Both for good reason. This can be a self rewarding experience provided you set out with good intentions and a realistic approach. For many homeowners, this isn’t always the case. In this market insight, we take the opportunity to share some...

Top things to do in Reservoir

Top things to do in Reservoir Reservoir is an established suburb located 11 kms from the Melbourne CBD (city). The suburb has seen a significant gentrification shift over the last decade which has in turn brought many new amenities to the area. Here is a list of things to do, but in no particular order: Summerhill Shopping Centre Summerhill Shopping Centre features 26 shops, which include Coles, ALDI,...

Concrete flooring in your home

Historically, concrete flooring was seen in commercial and retail properties. They have been used for many decades, but there is a new trend popping up, particularly in Melbourne. Concrete flooring is making an appearance in residential homes. There are a number of benefits polished concrete flooring can offer you and you home. In this market insight we highlight some of them (in no...

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