Market insights

Balcony_goals_Melbourne

Balcony garden ideas

Balcony garden ideas. The love of a balcony view has increased dramatically over the years. Buyers are falling in love with the idea of having a city view or park/river view. Many have also appreciated the view of the suburb and streets below. A balcony can be a great place to dine, relax and entertain. Here are some balcony garden ideas that may improve your enjoyment out on the balcony. Vertical...

Market_Insights_Regional_Property

What to look for when buying regional property

Living in rural country can be quite peaceful and quiet. A relaxing lifestyle indeed. If you want to buy a regional property, here is a list of a few common things you should look out for: Land Covenants:- When buying regional property, it is important to read the terms and conditions. In purchasing a block of land that was subdivided will often be subject to a number of land covenants. These terms and...

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Australia’s average renter

According to new research conducted by rent.com.au, it's anticipated that Australia’s average renter this year is a 34 year old female earning approximately $66,000 p.a. and processes approximately five inquiries to sourcing a home. The property type and areas were not a collected in this study. Research also confirmed that 68.4% of tenants were employed, while 21.9% were in-between jobs. In...

Point Cook_HouseandLand_Melbourne

Property – Buying with a friend or family

The average home in the Australia continues to rise. This is very evident in the highly demanded cities such as Melbourne and Sydney. Unfortunately, the capital growth in real estate has often exceeded the increased rate of Australia’s annual employment income. Therefore making affordability harder than it has ever been before. Resulting in many Australians considering other alternatives to buying a...

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What is a Guarantor?

Property affordability is challenging. A strategy many take is to use a guarantor. In this article we discuss the benefits on how it may help. Please note every strategy has it’s set of advantages and disadvantages. We therefore urge everyone looking to buy a property, particularly when using a guarantor to seek advise first. Many good sources are your accountant, financial planner, lawyer/solicitor...

Kingsville_Apartments_Melbourne_1

Can an Airbnb pay off your investment property quicker?

Recent research conducted by a global index-based online real estate firm ‘Nested” claims that it’s possible to pay off your home loan quicker. https://nested.com/ They calculated how long it would take a property investor to regain the property value based on average rental income and Airbnb costs. It researched seventy-five international cities that featured both Melbourne &...

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Do we prefer taking the train or bus to work?

The latest conducted research by David Hensher and Corrinne Mulley of Sydney University confirmed that people commuting by public transport to the city prefer taking the train system. The three (3) main public used transportation systems are trains (railway), trams (light rails) and buses. Taxi and Urber transit are other highly used forms of transport, but we want to reflect on the public transport...

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What is Land Tax?

What is land tax? This is a question often asked by serious property investors who already have or in the process of accumulating an investment property portfolio. It is the taxpayer's obligation to advise if they are subject to land tax . This is based on self-assessment by submitting either a land tax registration form or a land tax variation form. Unfortunately failing to submit these forms or...

Townhouses_Melbourne

The importance of landlord cover

Buying an investment property is a wonderful achievement and an excellent asset you could own. It is likely among the most expensive assets you will ever own. For this reason, it is important to protect it. Landlord cover is one was to do this. It is very common for a landlord to rely on it generating a regular income stream through monthly rent. Therefore investors need to acknowledge the importance of...

Collingwood_Property_Melbourne_2

Open floor plans are the new lifestyle match

We all live busy life styles, but its without doubt an exciting time to be living your life in Melbourne. We are very spoilt for choice, from good schools to great cafes. One common theme we experienced last year (2017) was the growing love for an open floor plans. Many years ago a kitchen was seen to be nothing more than a place to cook. Open floor plans have changed kitchens forever. Having a nice...

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