According to research conducted by the Real Estate Institute of Victoria (REIV), homes located within some of Melbourne’s best public school zones have asking prices in excess of $100,000 more to similar properties that position outside school zones. Its becoming public knowledge to learn housing prices within school zones are higher to neighbouring properties, but the price differences may surprise...
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...
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...
Many Australians are cautious of buying apartments off the plan. At face value they seem complicated and hard to understand. However, this is quite the opposite. If you know what you’re doing an Apartment can really present so many benefits to you. We won’t elaborate on the opportunities within this article, but we want to share some important tips to buying an Apartment off the plan. Selecting...
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 &...
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...
When it comes to taking control of your personal finances, most don't take the time to create a budget. A budget doesn't mean you stop enjoying life. The primary purpose is providing you with a guideline to understanding what you can afford to spend on a property. This is irrelevant if you are buying a home to live in, use as a holiday home or to invest. It also allows you to discover what you are...
Property Settlement Guide - a guide to helping you experience a satisfactory settlement when buying an off-the-plan property. Congratulations on buying such a wonderful property! Buying a property can be extremely exciting and also quite nerve racking. It’s likely to be one of the most expensive assets you will own. At Crest Property Investments, we are here to help you throughout the full...
Establishing your objectives. As a former financial planner and now property adviser, Tristan Markulija has seen quite a number of goals and objectives. Some with great motivation, some very realistic and achievable, while some are completely unattainable. Part of our process in sourcing the right property for you, our team devote a large component in educating you on the property market, helping you...
Why is owning real estate an Australian dream? Putting it quite simply, Australian’s love real estate because they are familiar with it. Everyone lives in some form of residence. If they own it outright, mortgaged, pay board or rent, we all have an emotional attachment and a direct experience. Owning a property is very empowering, offering us a feeling of success and prosperity. Many people trust...