What is contributing to the high cost of rent in Australia. In this market insight, we share several factors that contribute to the high cost of rent in Australia. Supply and Demand Imbalance: Many major cities in Australia, such as Sydney, Melbourne, and Brisbane, face a significant imbalance between housing supply and demand. Population growth, urbanization trends, and limited land availability...
Do I focus on capital growth or rental income? When deciding between focusing on capital growth or rental income for an investment property, it really depends on your financial goals, risk tolerance, and investment strategy. Here's a breakdown to help you decide: Capital Growth Objective: Increase the property's value over time. Strategy: Typically involves buying in areas with high potential...
The popularity of house and land packages. A house and land package is a real estate offering where you buy both a piece of land and a new home that is either already built or will be constructed on that land. This type of package is often marketed by builders or developers and offers several advantages: Convenience: It simplifies the home-buying process by bundling the purchase of land and the...
What does a property median price mean? The property median price refers to the middle value of a list of property prices arranged in ascending or descending order. It is a statistical measure used to represent the typical or average price of properties within a specific area or market segment. Property median prices, here’s what it signifies: Central Tendency: The median price represents the...
Why does property investment suit so many people? There are many factors that collectively make property investment attractive to a wide range of people. From individual investors looking to build wealth over time to institutional investors seeking stable returns and portfolio diversification. Here are just some of the more common factors why property investment suit so many people: Potential...
The benefits of a corner block of land. When sourcing a house and land package, there are many factors to consider. These factors can greatly differ among investors and owner occupiers, but a corner block can offer a number of unique benefits for many property buyers. In this market insight we discuss the benefits of a corner block. The benefits of a corner block A lot more natural...
Why you should use a buyer's agent to invest. Owning property investment is one of the most reward assets you'll ever own. In order to appreciate the rewards, it all comes down to making the right property investment. Buying a property make sometime look easy, but you really need to know hat you are doing and ensuring the asset suits your objectives, risk tolerance and time frame. At Crest Property...
Five ways to add instant curb appeal. Coming home from a busy day at work, its so welcoming to see your beautiful front facade. There are a number of ways to do this, but it doesn't always have to be dramatic. In this market insight we provide five (5) effective ways to gain instant curb appeal. 1. Metal windows frames look slick Wooden window frames can suit a certain amount of facades,...
Tips for property investors. If you are considering purchasing an investment property here are 6 tips to review before proceeding. Tip No. 1Buy an investment grade property. This means buy a property that is worthy of an investment not a luxurious home that you'd only live in. Buy with your head, not with your heart. Buying a property close to public transport, schools and lifestyle amenities will make...
Here are some uplifting financial quotes from some of the most inspiring and successful people. “Money is only a tool. It will take you where ever you wish, but it will not replace the driver" — Ayn Rand, famous author and philosopher “If you don't find a way to make money while you sleep, you will work until you die.” — Warren Buffet, worlds greatest entrepreneur “Don’t worry...