Market insights

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Latest interview with Tristan Markulija

The year 2020 has flown by fast, but we found some time to interview Tristan Markulija, the founder and principal property adviser at Crest Property Investments. Here were a few questions we asked: What influenced you to create Crest Property Investments? I spent nearly 15 years working in the financial planning industry. I have always found it satisfying to help people better their financial...

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Location remains important when buying property

When buying a property considering the importance of it's location has never been so important. Buying in a good location, you’ll have the flexibility in the future to modify or renovate the property. However buying a property in an inferior location can’t obviously be easily picked up and moved to a better area. That’s why you should consider the location carefully. Here are some of the most...

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Checkout the Christmas lights this year

Hello Melbourne! Checkout the Christmas lights this year. It is that time of year again. The festive season is upon us... We would like to thank all of our business partners and clients for another active year. The year 2020 has thrown some challenges, but its a perfect time to get your families in the car and enjoy the true spirit of Christmas. We often take our team out for the evening to enjoy the...

Stamp duty concession for investors

Stamp duty concession for investors. The Victorian Government through the State Revenue Office has announced a land transfer (stamp) duty waiver for purchases of Victorian residential property with a dutiable value of up to $1 million. Please take some time to view the link State Revenue Office. Stamp duty concessions - here is a snapshot: For new residential properties, a 50% land transfer duty...

Latest interview with Kevin Ng

Kevin Ng is our latest work colleague to join the team at Crest Property Investments. Here we take some time to speak with him. What influenced you to join Crest Property Investments? Property investment is among the best investment assets you can buy. I have always had a love for property and thought joining Crest Property Investments would not only be a successful decision for me, it would also allow me...

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Top things to do in Box Hill

Top things to do in Box Hill Box Hill is the biggest central business district outside the city of Melbourne. Well connected with schools, territories, hospitals and public transport, this suburb continues to grow. Town Hall Town Hall hosts an Artspace Gallery which has an extensive collection of paintings and sketches designed by many Australian artists. The Town Hall also features nine meeting rooms...

Gentrification in Melbourne

Gentrification is a natural economic change. Many suburbs within metropolitan Melbourne are evolving and changing their identify. Many suburbs have done a 360 degree turn, while some continue to retain their heritage vibes. Gentrification in Melbourne is occurring for many reasons. It can be due to the increasing population, an influx of more affluent residents and businesses or from property developers...

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Auction clearance rates

Auction clearance rates are the most viewed property statistic. In this market insight, we take the opportunity to help explain what they are and how to understand them. They are calculated for auctions scheduled during the week, ending each Sunday. It indicates the percentage of properties sold at auction using available data. The data also takes into consideration properties sold before...

Selling a property with a tenant living in it

When buying an investment property, there may be a time in the future where you want to sell it. Sometimes you may be selling an investment property with a tenant living in it. However, it can be more difficult selling an investment property with a tenant living in it. Keeping the home presentable by reducing clutter, maintaining the landscaping and having the property clean are all out of your control...

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Selling off the plan property before settlement

Selling an off the plan property before settlement is also known as a nomination sale. At Crest Property Investments we help buyers sell their off the plan property before settlement. In this market insight we talk more about a nomination sale. If you are in a situation where you need some assistance, please don't hesitate to contact us. This video link to our Youtube channel also explains things in an...

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