Regular property inspections are crucial for property owners, managers, and tenants for several reasons. These inspections help maintain the property's condition, ensure compliance with regulations, and foster positive relationships between all parties involved. Here are the main reasons why they matter: 1. Preventative Maintenance Inspections allow for the early identification of issues such as...
Victoria's temporary off the plan stamp duty concession offer. The Victorian Government has introduced a temporary stamp duty concession for off-the-plan property purchases, effective from October 21, 2024, until October 20, 2025. This measure aims to encourage investment in apartments, townhouses, and units under strata subdivisions, excluding house-and-land packages and completed but unsold...
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...
The modern butler pantry. Who doesn’t love a walk-in cupboard! A traditional home feature that is always in hot demand. This is happening in both brand-new properties, remodels or renovations. Traditionally, a butler’s pantry was a narrow room adjacent to the main kitchen used to store delicate prestigious kitchenware that was often locked up. The name ‘butler pantry’ was initially derived...
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...
The benefits of double glazed windows. When building your new home, one of the most exciting benefits is you can custom your home, make it more energy efficient and function to suit your every day needs. One feature that offers many great benefits to your home are double glazed windows. In this market insight we summarise some of them for you, as may want to consider having them in the future. What are...
Great investor quotes. Certainly, there are many famous quotes from successful investors that offer valuable insights into the world of investing. Here are some timeless great investor quotes from renowned investors: Warren Buffett: "The stock market is designed to transfer money from the Active to the Patient." Peter Lynch: "The best investment you can make...
Moving to a new suburb can be an exciting but challenging experience. It's essential to prepare and gather information to make the transition smoother. Here are some things to know and consider when moving to a new suburb: Research the Suburb: Learn about the suburb's demographics, crime rates, and safety. Investigate the local economy, job opportunities, and the cost of living....
Understanding floor plans aren't always easy, particularly if you don't work in real estate. Viewing a floor plan and selecting the right one can be difficult if you can't visualise how it will look when it's finished building.At Crest Property Investments, we are buyers agents who aim to simplify the buying process, including finding it, negotiating price and presenting a solution that is right for you....
Seven-star energy rating for new homes. The Victorian Government recently announced a set of new building standard that are to take into effect from 1st October 2023 with a transition strategy to occur from 1st May 2023. These new changes will mean, new home owners will find it cheaper to heat and cool your property all year round. It is anticipated to be more comfortable to occupy, particularly against...