Market insights

Is covid-19 impacting the property market update

Property market update from Crest Property Investments: Despite the unprecedented market conditions in the wake of covid-19, there is still ongoing evidence suggesting the love for property remains strong. How is the property market adapting to lockdown 2.0? REA Chief Economist, Nerida Conisbee demonstrated some key trends for Melbourne’s property market. Here is what was said. 1. Buyers still...

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Tips on keeping busy during home isolation

Never before have we spent so much time at home. The impact of covid-19 has certainly impacted what we do and where we do it. But it's not all doom and gloom. Here are some tips on keeping busy during home isolation. Lets get creative with arts and crafts We all have natural instincts to create. In fact it's the only thing we really do. Take this home isolation to become more creative. It can be...

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Why buy off the plan?

Have you ever considered buying a property off the plan? Why would we choose to buy off the plan? Most people love the smell of a new home... The new floorboards, the silky stone benchtops, the spacious new walk-in-robe or that inspiring hot tub!! There are many amazing things to love in a new property. There are also various financial benefits. However, these can differ depending on the type of...

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How to plan your day during covid-19

Covid-19 isn’t going anywhere fast and the reality is we may have to get used to this for a while. How to plan your day during covid-19. For many of us the biggest struggle isn’t failing to get things done, often the problem is poor motivation, distractions and time management. It can happen to anyone when they start to work from home or spend more time straying from their regular routine. Here...

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Success quotes from some of the world’s successful people

It's time to change your mindset. Here are some success quotes from some of the world's successful people. "In the middle of difficulty lies opportunity" Albert Einstein - Theoretical physicist who developed the theory of relativity, one of the two pillars of modern physics. Price is what you pay for. Value is what you get Warren Buffet - American investor, business tycoon, and philanthropist. Known...

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Rental Market Snapshot – June 2020

This is the latest Rental Market Snapshot as at June 2020. Here we highlight, metropolitan Melbourne and regional Victoria. According to the The Real Estate Institute of Victoria (REIV) :- The proportion of vacant properties in metro Melbourne has increased from 2.3% in March 2020 to 3.0% in June 2020. The proportion of vacant properties in regional Victoria decreased from 1.9% in March 2020...

Market_Insights

The difference between direct property and direct shares

Direct property and direct shares are among the most popular investments to own. They both provide an investment return, but lets explore the advantages, disadvantages and what the main differences are between the two investment assets. Direct property For the purposes of this article we will discuss the advantages and disadvantages of residential property. A residential property includes houses, units,...

Is buying a property timeshare a good investment?

Property affordability has become a real challenge for many Australians. It has opened up many other strategic ways to buy real estate. One type of property investment is a timeshare. However are they really worth buying? What is a timeshare? A timeshare is a property owned by a divided share. Timeshares are common to properties such as hotels, resort, casinos, snow lodges to name a few. The ownership...

The popularity of open floor plans

An open floor plan has become extremely popular and with good reason. A little extra light and space space goes a long way. An open floor plan usually involve combining your kitchen, dining and living areas into one big space that suits a family lifestyle. The kitchen island bench is the only separation between the open floor plan. This makes a small house feel light and airy, giving the illusion of a...

How to help your children buy their first property

Many families want to support each other. Parents often ask us how they can help children buy their first property. With the housing market continually rising, many children will face affordability challenges. Some parents look to buy properties to gift to their children in the future, but this is not always feasible, for instance if you have three children. Many are also not quite fortunate to have the...

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