Site preparation sets the foundation of the build. A good build must start with the right site preparation. In this market insight, we share the steps of what's required to transform a vacant block of land into a site ready to commence construction. Step 1 – Initial site analysis Prior to breaking ground and commencing the build, an initial site analysis is completed. An assessment is undertaken...
Top things to do in Wantirna Wantirna is a family orientated suburb in metropolitan Melbourne. Filled with many amenities, its well suited to families of all ages. Here is a list of things to do, but in no particular order: Timezone Who doesn't love computer games? This arcade has so many great games for all ages, including racing, virtual reality and basketball. The venue is open quite late most nights...
The value a garage adds to a property. There is evidence that there is always a growing trend for a car space, this is in high demand when located inside close proximity to the city. Many modern home designs feature a garage as part of artistically presenting a beautiful front facade. With Melbourne's culture, Melbournians still choose to drive to work over using public transport, the value of a garage...
More incentives for first home buyers. The federal government recently announced new incentives by expanding their financial support to first home buyers and single parents. A new program has also been released for regional buyers. The federal government is currently offering two major incentives. The First Home Loan Deposit Scheme and New Home Guarantee. Both stimulus packages currently support a...
Pre settlement inspection. When buying a property off the plan, you have a contractual right to take a look at what you've purchased before you exchange the purchase at settlement. What is a pre settlement inspection? The pre-settlement inspection is your opportunity to take a look at the newly completed property before you own it and accept they keys. It is your legal right as a purchaser to check the...
As we pass the first quarter on 2022, The Melbourne property market saw a number of suburbs perform exceedingly well. 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 seen some extraordinary capital appreciated from 1st January 2022 to 31st March 2022 (3 mth period): Note:...
The Melbourne property market has many popular suburbs. Many part of the million dollar club. Toorak has held top spot for some time, but in the last quarter Portsea took top spot with a house median price of $4,125,000. Second place was Malvern with $3,845,000 and Brighton taking third place with $3,500,000 (Portsea and Brighton had less than 30 sales transacted in the last three months). Rounding up the...
Rental Market Snapshot: The Melbourne property market has shown good signs of consistency in both vacancy rates and higher yields. As rental demand continues to increase, these figures are expected to improve as the year 2022 unfolds. Regional Victoria continues to demonstrate better vacancy rates, while the rental income is also increasing at a higher rate in comparison to metropolitan...
Top things to do in Werribee Werribee is one of the larger populated areas in metropolitan Melbourne. Filled with many amenities, its well suited to families of all ages. Here is a list of things to do, but in no particular order: Lancemore Mansion Hotel Lancemore Manson Hotel offers contemporary accommodation with stunning garden views spanning across 10 acres. The hotel features a day spa with a range...
Property investment mistakes. No investors ever wants to encounter a mistake when implementing an investment strategy. We all do our due diligence with the aim of making money but certain mistakes can cause problems. In this market insight, we take the opportunity to share some of the property investment mistakes so you can look to avoid them in future. 1. Not understanding the...
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