Australian property market - four times the size of Australia’s GDP. This Australian property market has now surpassed the $8 trillion figure... that's right $8,000,000,000,000 !! According to CoreLogic's trusted research, the Australian property market is currently collectively valued at $8.1 trillion dollars as at the end of April 2021. CoreLogic head of research Eliza Owen said that puts...
Being the founder of Crest Property Investments, it no doubt required a lot of attention. I am fortunate enough to have found a working career that I feel passionate about, while its introduced me to some amazing people along my journey. Here is the latest from Tristan Markulija: How do you keep a work life balance? The first step for myself to keep a work life balance was finding a career I enjoy. It...
Top things to do in St Kilda St Kilda is a highly active inner city suburb. An exciting hub filled with many young professional appreciating the connectivity to city while taking advantage of the many amenities this suburb has available. Here is a list of things to do, but in no particular order: Luna Park Luna Park is a historic amusement park that is also heritage listed. Established in 1912, the...
The risk of underinsuring your property. Unfortunately its well known that many Victorians don't have enough insurance cover. When it comes to property ownership, many continue to leave themselves at risk. Some underinsure because they can't afford it, other choose to save on the cost while some also feel a distrust toward insurance companies. The risk of underinsuring can leave you in a bad...
The National Disability Insurance Scheme (NDIS) is an incredible initiative and also an eye-catching investment opportunity. It is supporting a better life for hundreds of thousands of Australians with a significant and permanent disability and their families and carers. It also reduces the number of younger adults having to go into some form of aged care. Having NDIS will offer many people the...
We can't judge a suburb or location on size. Some of Melbourne's smallest suburbs under 100 hectares have been consistently ranked among the most liveable locations. Surveys conducted by Domain clearly demonstrate that area sizes of suburbs are irrelevant. These studies ranked over 300 Melbourne suburbs based on a number of criteria. It has taken into account the density of cafes, the walkability...
According to recent studies and research conducted by the Reserve Bank of Australia, Australians with mortgages have significantly increased their financial buffers in comparison to last year. Taking note of the graph below, sourced by Roy Morgan, households are successfully increasing their household liquidity buffers. The left section indicates change within the indebted homeowners. They now have an...
Top things to do in the Southbank Southbank situated on the fringe of the Melbourne CBD (city) is home to some of the best entertainment and amenities the country has to offer. From fine arts, world-class restaurants and modern/heritage architecture, there is something for everyone. Here is a list of things to do, but in no particular order: Eureka Skydeck This 297m skyscraper offers some of the best city...
HomeBuilder construction commencement was recently extended. Initially it was for 6 months post contract signing, but it the Government recently announcement an extension of 18 months. Were you one of the 121,000 people who took advantage of the HomeBuilder grant? Good news for those people who were able to proceed with an off the plan purchase. The extension was placed in response to the...
The power of hindsight... If we all wanted magic powers, no doubt this would make most people's top 10! When it comes to buying property, the power of hindsight is often brought up by prospective clients who happen to be unable to make the 'plunge' of buying an investment property. This is for good reason, as property investment is likely the most expensive asset you'll own while it may come with a 25 -...