Buying or selling over the holiday season…Yay or Nay?
BlogIt’s the most wonderful time of the year! We’re talking about Christmas, of course – that wondrous period of weeks where everyone slows down, celebrations abound, and the jolly old man in a red suit visits town to deliver cheer and goodwill. It may sound like we’ve been hitting the eggnog a little too hard, […]
Demographic insight: Are family homes falling out of favour?
BlogIt’s official: the typical Australian family is shrinking. The size of the average family has almost halved in the last century, down from 4.5 family members in 1911 to 2.6 family members in 2011. And the Great Australian Dream of owning your own home? That’s evolving along the way, too. The good ol’ family home […]
With record low interest rates, are homes really unaffordable?
BlogIt’s hard out there for a first homebuyer, especially if you live along Australia’s eastern seaboard. In many suburbs, the dream of owning your own home may seem about as likely as winning the lottery right now, leaving a generation of Australians wondering if they’re set to be perpetual renters. If you want to live […]
Every metre counts: South Melbourne is our most expensive suburb
BlogAt $4 million Toorak has Melbourne’s highest median house price but South Melbourne and nine other suburbs command more by the square metre, new Real Estate Institute of Victoria data shows. South Melbourne, which has grown in stature in the past decade, tops the list for land value city-wide – at an impressive $11,212 per […]
Top 5 health risks of renovations
AdviceWith the plans drawn up and the papers signed, your renovation is ready to commence. But before you start removing plaster or knocking down walls, it’s not just the bricks and mortar you need to think about. Remodelling houses – particularly old houses – can come with risks, and they’re not just physical. Renovations can […]
Securing your home during inspections
AdviceWhen preparing your house to go on the market, there are all the obvious things to consider for the inspections: fresh paint, tidy garden, impeccable styling and a special touch of scented candles. But have you thought about what to do with your valuables when you are inviting strangers into your home? Here are a […]
Foreign property investment to grow from Government decision
BlogThe Real Estate Institute of Australia (REIA) has welcomed changes made to the foreign investment framework that allow foreign investors to purchase off-the-plan developments that have failed to reach settlement. Before this decision, foreign investors were only allowed to buy new properties and were restricted from buying off-the-plan dwellings that had failed in their initial […]
What do tenants really want?
AdviceWhat do Tenants really want? In an age of Rentvestors and increasing property development throughout the nation, this is the main question every Landlord and property investor should aim to understand. Times and Tenant tastes have changed and the rental market has no choice but to change with it. Therefore, what is it that the […]
What to do with your home equity
AdviceOnce you owned your home for a while and have accumulated some equity in your home, you might start thinking about how to use it. There’s a good chance that what you need from your home today isn’t the same as when you moved in. Whether that’s because you’ve kicked the kids out or you […]
Living in the love bubble – how to keep your relationship safe when moving in together
AdviceA big step in any relationship is the decision to take the plunge and cohabitate. While there are a lot of undeniable benefits – spending more time together and sharing expenses, just to name a few – living together for the first time can come with a few speed bumps along the way. To keep […]
Upsizing: when and how to do it
AdviceIs your house feeling a little tight around the edges? There comes a time for many families where the home starts to feel a little cramped, like you no longer fit in. How do you know when it’s time to consider upsizing? And what should be in place before you do? When to upsize Growing […]
The truth behind Lenders Mortgage Insurance
AdviceCan’t people just get along? Lenders Mortgage Insurance gets a bad rap but there are two sides to every coin. Let’s make heads the good side, and tails the dark side. But first a quick recap of what this is all about. What is Lenders Mortgage Insurance? LMI has been around since the late 1980’s. […]
Build a multi-property portfolio
AdviceIt may seem an unrealistic dream to go from paying the mortgage for one property to owning a portfolio of properties. Especially with competitive and growing markets nationwide. But seasoned investors will tell anyone who’ll listen, the first is always the hardest. If you’ve already taken that first step, then you’re only one more away […]
Deciding where to go when you downsize
AdviceYour children have grown up and moved out. They may even have their own kids now. Or maybe you’re getting to an age where caring for your home is getting more difficult and are starting to consider downsizing. For many downsizers, a common question asked is whether to move closer to your family or whether […]
Investing in residential properties vs commercial
AdviceCommercial properties are a great way to go for many reasons. But they do come with their risks. The choice between investing in residential or commercial shouldn’t be a hard one. As usual it depends on your financial position and what you hope to get out of your investment. Pros and Cons of Commercial Properties Commercial properties can […]
5 ways to use technology to save for a deposit
AdviceThere’s no denying it, saving for a deposit is hard work. With the median house price pushing up and up, getting the cash together for that 10-20% can seem like an unachievable goal. Everyday life, bills and miscellaneous expenses can eat away at your income and prevent you from saving as much money as you […]
Month-to-month leases: the pros and cons
AdviceDid you know that “Should I buy a puppy?” was the most searched Pros and Cons list last year? Pros and cons are the best way to justify a decision you have already made. Example 1: the puppy. Pro: unconditional love and kisses from the cutest fluffball you could ever imagine. Con: it might devour […]
Home projects to put off during Halloween
AdviceHalloween is just that over the top holiday we see in American TV Shows and Movies but don’t celebrate in Australia right? Wrong! Halloween has become increasingly popular around the country with more kids getting out in their spooky costumes, trick or treating. So even if you choose to spend your night staying inside with […]
Property investors: make the tax system work for you
AdviceProperty investors and tax are a match made in heaven. Sure, you may be feeling those first date nerves. “Can I get a deduction on the dishwasher? What about the oven? Should I wear these shoes?!” The answer is Yes, Yes and No. Think of this as a back to basics, no holds barred, simple […]
4 things you should know about windows before buying a house
AdviceThe condition of window frames tells a story about the condition of a home. People who take care of windows are likely to take care of the rest of a house. Being able to push a finger into a wooden frame means the wood is probably rotten. Condensation between the panes of double glazed windows […]
Common challenges of downsizers
AdviceIt may seem like a lifetime ago that you purchased your first home. And it may have seen a lifetime of changes! From a couple’s home to a family home – and maybe even the next generation of grandchildren, the house you live in holds decades of memories. But the time does come, where that […]
Sustainable renovation ideas
Advice“Think about installing solar panels and a water tank”. That phrase definitely doesn’t put the ‘living’ in ‘sustainable living’. There are so many more ways to make changes to your home so it will use less energy and save you money. Through those first baby steps of renovating, no matter the job, you are on the […]
Selling property: what time of year is best?
AdviceDo you want the long answer or the short answer? This is the Internet so you would probably prefer the short answer. The answer is – it’s complicated. So here’s the long answer: There is no perfect time of year to sell. Sure, traditionally spring has always been the busiest season for all sorts of […]
How to reduce costs in the home
AdviceThere’s a reason parents always used to say ‘money doesn’t grow on trees’: life is expensive! Between utilities, groceries, childcare and education, the bills in a household can really add up. Fortunately, however, there are ways to reduce your everyday expenses to a more manageable amount, and save on your regular costs. Here’s how: Household […]
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