What makes a near perfect walking score? A near perfect walking score indicates that an area is highly walkable, making it very convenient for residents to complete most errands and activities on foot. What is a walking score? The walking score is a number between 0 and 100 (100 representing a perfect score). Melbourne is the only location in Victoria ranked with a perfect 100, making it number 1...
Improving rental yield involves maximizing the income generated from a rental property while minimizing costs. Before assessing some opportunities and tips to improve rental yield, let's explain what it is first. What is Rental Yield? Rental yield is a key metric used to measure the return on investment (ROI) for a rental property. It represents the amount of income generated from the property as a...
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...
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 should you invest in Victoria? Macro factors that drive fluctuations in the economy also influence the property market. While property markets are cyclical, quality residential properties in good locations held for the medium to long term, have historically performed and remain one of the most robust and popular investment options. Experienced investors understand that downturns are often...
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...
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...
Maximizing your investment property returns requires a combination of strategic planning, effective management, and making informed decisions. Investing in real estate can be a very rewarding asset class. By receiving good property advice you can maximise your investment returns. In this market insight we share some ideas to have you thinking outside the box. Here are some key steps to help you achieve...