What to ask yourself before buying a home. When buying a home, its among one of the most exciting lifestyle events you'll ever encounter. It is also a nervous one... Doing some research is important, while seeking advice is priceless! Here are a some helpful questions you should ask yourself when making the decision to purchase a home. What motivates you to buy a home? Understanding...
Rental price increases. Over the course of 2022 calendar year, we witnessed many changes in the property market. One of the more notable highlights and warmly welcomed by property investors (landlords) we the recent rise in rental yields. The residential property market has seen a shortage in supply for places to rent. The high demand has placed upward pressures on asking rental prices. According to...
Obtaining a building and pest inspection. As property advisers, we help source brand new and off the plan opportunities. It is an essential part of our client service to encourage all buyers to employ a building and pest inspection. In nearly 99% of cases, brand new properties detect any pest control issues, however its always recommended prior to settlement. These inspections are very feasible and ensures...
Residential fencing laws in Victoria. When buying a house and land package, there are many ways of going about it. The more popular and transparent method is to buy a full turn-key home that offers a fixed price and is fully inclusive. Fully inclusive, also means landscaping and fencing. As each home has a fence dividing each property to the next, the last thing you want to do is upset your new...
How to understand the value of your property. There are many ways to determine the value of your property, but in this market insight we highlight three large factors that generally outweigh all other considerations. Understanding the value of your property will make it easier to understand how you can add value to your investment property in the future. There are three main ways to value of your...
Buying property interstate. There are many opportunities to buy property throughout Australia. As market trends different in each state, the property markets will move in different cycles. This is why its important to know what you are doing in advance. In this market insight we highlight some of the advantages and disadvantages of buying property interstate. Advantages of buying property...
The Australian Taxation Office (ATO) are to target property investors. The Australian property market has been steadily growing for the last decade. Property investors have been able to utilise various practices to reduce their tax and increase their rental return. However, some of these investors might not comply with the law. The ATO has decided to look closely at all income and tax deductions from the...
The benefits of a rear loaded home. There are many house designs created to cater many different forms of land sizes. Pricing affordability has also introduced a number of different house and land packages to meet buyer's budgets. Rear loaded homes are one of these great solutions that are being warmly received by buyers. What is a rear loaded home? A rear loaded home is when a garage is situated at...
What is a planning permit? In this market insight we discuss the planning permit process and why its an important aspect to any new build. There are many planning permits that apply to both residential, commercial and various home imprisonments or renovations. In this market insight we will discuss the aspect of managing a brand-new home on a vacant block of land. Prior to commencing a home build, you'll...
Single storey vs double storey homes. This is a question asked by a number of our clients. When buying a house and land package, there are a large variety of choices to select from, both internally and externally. If the buying intention is to purchase a home to occupy or to invest, no one person settles on the same type of home. In this market insight, we discuss the difference between a single storey...