Townhouses

Market_Insights_Selling_Before_Settlement

Selling off the plan property before settlement

Selling an off the plan property before settlement is also known as a nomination sale. At Crest Property Investments we help buyers sell their off the plan property before settlement. In this market insight we talk more about a nomination sale. If you are in a situation where you need some assistance, please don't hesitate to contact us. This video link to our Youtube channel also explains things in an...

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Thinking of buying off the plan?

Thinking of buying off the plan? Purchasing a brand new property can be very rewarding. Walking into a home smelling the freshly painted walls or admiring the stone surface of your new kitchen island bench are just a couple of things that make buying off the plan an amazing decision. There are many reasons why buying off the plan is a great way to purchase a property, however in the market insight...

Advantages and disadvantages of buying an investment property

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...

Market_Insights_Concerns_Buying_Off_The_Plan

Common concerns when buying off the plan

Common concerns when buying off the plan. There are many benefits with buying off the plan, however some feel nervous or suspicious about it. In this article we want to highlight some common concerns when buying off the plan. Buying off the plan means you’re purchasing a property before it is completed. Below is a summary of common concerns: What if the builder goes bankrupt, will I lose...

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Why buy off the plan?

Have you ever considered buying a property off the plan? Why would we choose to buy off the plan? Most people love the smell of a new home... The new floorboards, the silky stone benchtops, the spacious new walk-in-robe or that inspiring hot tub!! There are many amazing things to love in a new property. There are also various financial benefits. However, these can differ depending on the type of...

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How a study nook has become a useful space

As apartment and townhouse living continues to become a widely popular choice among younger buyers creating useful spaces are ideal. The study nook is one of those great innovative areas. In response to covid-19, many are now working from home. A study nook creates a separate spot to work or study in the home. It can feature a desk, drawers, and a great in built shelving area are great to store books...

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Rental Market Snapshot – June 2020

This is the latest Rental Market Snapshot as at June 2020. Here we highlight, metropolitan Melbourne and regional Victoria. According to the The Real Estate Institute of Victoria (REIV) :- The proportion of vacant properties in metro Melbourne has increased from 2.3% in March 2020 to 3.0% in June 2020. The proportion of vacant properties in regional Victoria decreased from 1.9% in March 2020...

The popularity of open floor plans

An open floor plan has become extremely popular and with good reason. A little extra light and space space goes a long way. An open floor plan usually involve combining your kitchen, dining and living areas into one big space that suits a family lifestyle. The kitchen island bench is the only separation between the open floor plan. This makes a small house feel light and airy, giving the illusion of a...

How to help your children buy their first property

Many families want to support each other. Parents often ask us how they can help children buy their first property. With the housing market continually rising, many children will face affordability challenges. Some parents look to buy properties to gift to their children in the future, but this is not always feasible, for instance if you have three children. Many are also not quite fortunate to have the...

Market_Insights_Home_Builder_Package

The HomeBuilder package

There is good news out of Canberra with the announcement of the $680 million HomeBuilder package. The Federal Government introduced its HomeBuilder package on 4 June 2020. The HomeBuilder package The big winners are owner occupiers and first home buyers. The government is prepared to compensate owner occupiers and first home buyers if they choose to buy a new or off-the-plan property in the remainder...

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