What is a construction loan? When buying a house and land package, its generally required to purchase it in a two-part contract. You essentially sign and pay for the house and the land separately, even though the purchase is combined. If you have purchased the land titled or off the plan, the next step is to settle the land purchase. Once owned, the builder will start to apply for build permits,...
Buying a townhouse is a good investment. Buying a home at any stage of life is a big decision. For first home buyers, buying a townhouse can be a great footprint into the property market, while savvy investors can find a well located property with low maintenance. Not everyone wants a townhouse. At Crest Property Investments, we help source brand new and off the plan properties for buyers. In our daily...
Picking the best apartment in a development. Apartment living is a popular way for many Australians to occupy blue chip suburbs or inner city locations without paying the price of a stand alone house. When looking to purchasing an apartment in a development, you'll soon discover that not all apartments are created equal. Some are shaped differently, others may be larger, some feature a courtyard...
Current tapware trends in 2022. When buying off the plan, one of the great benefits is having the ability to select your own fixture and fittings. One area that many buyers like to customise to their home are the tapware fittings in both the bathrooms and kitchens. Tapware can really offer a sophisticated look to you bathroom and kitchen. It becomes a focal point of the room. Choosing the right tapware...
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:...