Reasons to upsize your home. We all may want a big home in theory, but a bigger home doesn't always solve your problem. There are however four (4) valid reasons why you'd want to upsize your home. As buyers advocates, we have helped many buyers make this decision. There is a lot to look beyond the design of a home such as lifestyle, schools and public transport to name a few. The excitement and...
An introduction to settlement. When buying off the plan, buyers have to wait for their dream home or investment property to be completed. In this market insight we outline the steps required to satisfactorily settle a house and land package. What is Settlement? Settlement is the date when the property title is transferred into the name of the purchaser, and the balance of the purchase price...
There are many common challenges for new property investors, but all can be removed if you make good preliminary decisions in advance. In this market insight, we take the opportunity to share some of the most common challenges, but no means all of them. If you can manage them well, you'll soon be able to enjoy the benefits and rewards of property investment. Time management: It takes time to learn how to...
The correlation between land-to-asset ratio and capital growth. Not all investors make note of this fundamental in their investment decisions. Some of the more experienced investors would have heard this term, but many don't quite understand how to use it. In this market insight, we discuss what a land-to-asset ratio is, how it can demonstrate capital growth potential and how not to use...
What is a buyers advocate? At Crest Property Investments, we specialise in sourcing brand new or off the plan properties for buyers. Our niche service as a buyers advocate is quite different to a traditional real estate agent. You'll find a real estate agent often services and works for the vendor with the intent of selling their property. While a buyers advocate services and works for the buyer. What...
Why choose longer title timeframes? When buying off the plan, house and land packages have been incredibly popular over the last three years. At Crest Property Investments, we have seen supply heavily outstrip demand. This has caused many buyers to consider buying longer title timeframes to own their dream home or that perfect investment property. While longer title time-frames can sound...
Things to do in Malvern and Malvern East Both Malvern & Malvern East is one of the affluent locations along the bayside while in close proximity to the Melbourne CBD. There are many things to do, both day and night. Here is a list of things to do, but in no particular order: Phoenix Park Community Centre Phoenix Park Community Centre hosts many rooms of various sizes, ideal for birthday parties,...
The Melbourne property market has finished the year with some amazing results. A historical year throughout the country. 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 September 2021 to December 2021 (3 mth period): Note: Only...
Rental Market Snapshot: The Melbourne property market continues to improve in both vacancy rates and higher yields. The demand continuous to outstripping supply, which is expected into the new year. Regional Victoria continues to demonstrate better vacancy rates to Metropolitan Melbourne, however median rental prices in Melbourne is starting to increase. According to the The Real Estate Institute of...
Home loan activity update. According to the recent research conducted by the Australian Bureau of Statistics (ABS), Australians are continuing to borrow funds to purchase a home. The latest data from ABS shows that its reached a historical high. During November 2021, Australians proceeded with new loan commitments of $31.4 billion. This equates to an increase of 6.3% higher than the previous month and...