A hot property market. The real estate market continues to perform incredibly well... According to the Australian Bureau of Statistics (ABS), the total value of residential dwellings in Australia has now surpassed $8 trillion for the first time. This is quite significant! During the March quarter of 2021, the total value of residential dwellings in Australia's increased by $449.9 billion. This is...
How to calculate rental yield. When buying an investment property, investors review the performance of their asset in three ways. These are income, capital growth and tax effectiveness. Understanding the rental yield is among the most important factor when considering a purchase. In this market insight we discuss what a rental yield is, how to calculate it and what is deemed a good return. What is Rental...
The term metropolitan Melbourne is widely used in government speeches, property analysis and other forms of geographic statistics. In this market insight we take the opportunity to help you understand what metropolitan Melbourne is. Melbourne has been ranked the most liveable city in the world many times. Previously ranked first, for five consecutive years, but in the last ranking it took eighth place....
Most liveable cities in the world. The latest survey conducted by the Economist Intelligent Unit shows us a new most liveable city. With the combination of both Australia and New Zealand, the two nations take six of the top ten placings. In the wake of the global pandemic, covid-19 has shuffled things up, with many countries no longer representing the top ten. With tighter border controls to other...
Here are some famous property investment quotes from some of the most successful people in the world. "Tough times don’t last. Tough people do" Gregory Peck - American actor. "The best investment on earth is earth." Louis J. Glickman - New York-based real estate investor and philanthropist. "As people seek to improve their living environment, there will be continuous demand for residential...
The Australian Government promotes home ownership in its latest federal budget. In an attempt to reducing pressure on housing affordability, first home buyers have a great opportunity to take advantage of a number of government grants. There three (3) measures to make it easier for Australians to enter the market. 1. The Family Home Guarantee - An incentive aimed at single parents with dependants....
Top things to do in Maribyrnong Known as one of Melbourne's most affluent suburbs, Balwyn features many tree-lined streets and has been among the most desirable places to live. Here is a list of things to do, but in no particular order: High Point Shopping Centre One of the largest shopping centres in Australia, High Point Shopping Centre features over 500 stores. You'll find some of the world's largest...
One of our professional property consultants at Crest Property Investments, Ryan Wu is among the most enthusiastic people when it comes to his work ethics but manages a great work life balance. Here is the latest from Ryan Wu: How do you keep a work life balance? I really enjoy what I do for a career and I'm set to maintain this for the long term. When helping client's buy a property, I want to be...
Not all landlords require a cleaner, but some see great value. This may be because you are leasing out your own family residence while on holiday or work visa. It may also be an expensive property that requires higher maintenance. Either way, some landlords employ a cleaner to ensure the property is in great condition while also being able to increase the rent. There are many benefits to hiring a cleaner...
Where do I buy my first investment property? The property market is a massive landscape. It can be overwhelming to think, where do I start? There is more assessable information available than ever before, but what you read, can be far from factual. In fact, a lot of online content may be based on opinion. Having more information available, can make your first step to buying an investment property more...