New government incentives for buyers - here is the latest. Both the state and federal governments have worked together to stimulate the construction industry with the following incentives: HomeBuilder package The home builder package is $25,000 up until 31 December 2020. This has been extended offering $15,000 from 1st January 2021 to 31st March 2021. The be eligible for the home builder grant the...
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...
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...
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...
When buying a property, it's important to look at a number of items. One of those is understanding an easement on a property. Many people find it difficult to understand easements and the many legal problems that surround them. It is a complex area with some difficult terms and conditions. Here is some basic information to help. What is an easement? An easement is a section of land registered on your...
We have all contemplated whether it is better buying or renting property. In many cases, this is an easy conclusion, but many factors can create differing views. Traditionally, owning a home was seen as a priority. A sense of independence and financial well being. In recent decades, this philosophy has changed. Housing prices and the cost of living has made owning a home more challenging than ever...
What is a master planned community? When buying a house and land package you’ll most likely hear about a master planned community. However what does it mean? In this market insight, we highlight and discuss this further. What is master planned community? A master planned community is a residential land estate designed for families to live and raise their families. They often feature a number of...
Buying an investment property can be challenging at the best of times. Purchasing a property you've never been to can be even more challenging. For many investors, buying interstate can be very difficult to accept. Both new and experienced investors can feel a mix of emotions. Purchasing a property you've never been to can feel like a greater risk. We all work hard to place ourselves in an investment...
What are vacancy rates? If you have ever looked at buying an investment property, you are sure to have heard this terminology before. What are vacancy rates? Vacancy rates are the percentage of how many rental properties in a location or market are currently without a tenant or vacant. The rate is calculated by using the number of vacant properties, multiplying that number by 100, and dividing that...
Buying an investment property is a popular asset to own. Both new and experienced investors often have similar reasons why they wish to purchase an investment property. There are many advantages and disadvantages. Here were discuss and summarise them. Advantages of purchasing an investment property: The property market is generally more stable than other investment markets such as the share...