New investor

Market_Insights_Auction_Clearance_Rates

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...

What to look for at a routine inspection

A routine inspection is an effective way to ensure your investment property is being looked after by your tenant. It is also an opportune time to assess the property for any repairs, damages or safety issues that should be fixed. Having the property in pristine condition will increase your chances of keeping a happier tenant and a higher rental income. Employing a property manager to take care of your...

What you can borrow or should borrow?

What you can borrow and what you should borrow can vary greatly. The amount between the two can be the difference between buying a property you can purchase and settle or proceeding to soon learn you’ll be loosing your deposit plus other penalties. Before purchasing a property it’s quite important to establish your borrowing capacity in advance. In this market insight we discuss this in more...

Buyers agent vs real estate agent

At Crest Property Investments, we have been assisting buyers for many years, by sourcing brand new or off the plan properties. Our niche service as a buyers advocate also known as a buyers agent is quite different to a traditional real estate agent. Here we share the key differences between our buyers advocacy service and a real estate agent. Buyers agent: We act on behalf of the buyer We act in the...

Joint ownership and tenants in common

Buying a property of any kind is a fine achievement in itself. You can purchase a property in a number of ownership types, including individuals, companies, and trusts. In this market insight, we explore the difference between joint ownership and tenants in common. The most common way to buy a property is with two people. These two people are often spouses. Having two people collectively can make it...

Clyde_Streetscape

What does a key handover mean?

When building a house, there are a variety of build stages to be aware of. One in particular is the key handover. The key handover consists of a few important events. Here we highlight the build stage in more detail. House clean Now that the build has reached practical completion, it’s time the home gets cleaned. As a number of trades have been walking through the home on a daily basis, the foot...

5 Reasons investors turn to buy property

Over the last few decades, many new investment assets and strategies have become available. However many investors continue to turn to buy property. There are many reasons why investors remain committed to buying property. Here we discuss the main ones: Income Successful investors seek to earn income as part of their investment strategy. Shares earn income through dividends paid generally every 6-12...

Canterbury

Why Chinese investors buy Australian property?

The Australian property market has been seen to be one of the best forms of investment in the world. It has many laws in place to protect buyers, while quality control ensures the property is built with the correct standard to offer longevity. The Australian property market provides great opportunities. In the market insight we share some points why savvy Chinese investors buy property in...

Market_Insights_Rental_Bond

What is a rental bond?

If you are an existing landlord or tenant, you probably know what rental bond is. If you haven't, in this market insight we discuss what a rental bond is and how they are used. What is a rental bond? A rental bond is a payment the tenant makes when signing up for a rental property. If you want to rent a property most landlords will ask you to pay a rental bond before you move in. The rental bond is a...

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