Hot Properties – October 16, 2017
Blog
Looking for growth in a property? Looking to get the most from your investments? Every week, we analyse new listings to discover the best properties that are most likely to improve in value, or would benefit from a renovation to create a profitable flip for investors. We do this by analysing the listing and comparing […]
Renovating – will it add value to your home?
Blog
Renovations have long been touted as the best way to inject quick growth into the value of your home or investments, with this being a key tool for any investor flipping properties. Suggestions on how much of a return you can see on renovations range from earning $2 to every $1 spent to five times […]
How Mitcham became a million-dollar suburb
Blog
Prior to the current property boom, Mitcham was a bridesmaid suburb – an affordable option for families whose budget didn’t stretch to pricier nearby suburbs, such as Blackburn and Templestowe. In 2014, the median house price was $690,000, and you could snap up a unit for just $525,000. Fast forward to today, and the current […]
Featured Home: 49 Wrights Terrace, Prahran
Blog
An impeccably modernised Victorian-era home with double street frontage, located in one of Melbourne’s premier suburbs? Yes please! The stunning freestanding residence at 49 Wrights Terrace, Prahran offers all of this and more, and buyers are sure to flock to the auction later this month. With three bedrooms, two bathrooms and a sunny north-facing yard, […]
Upsize without moving by building up
Advice
Whatever the reason you have to upsize – whether it’s a growing family or a paid-off mortgage – there can often be doubts that creep into the mind. The biggest reason to not upsize is to stay in a location you prefer, which may be closer to the city and your work. However, if space is […]
Downsizing the home – tips for caregivers
Advice
There is an added emotional stress of downsizing the home when there is an element of caretaking or loss of independence involved. In an ideal world, individuals have the autonomy to acquire the items in life that matter most to them and then let these go in a way that they are comfortable with. As […]
Love puppies? Renting is about to get easier
Blog
Victorian Premier Daniel Andrews has announced a suite of reforms to the Residential Tenancies Act 1997 (RTA), which according to the Government will “make renting fair” to the ever-increasing number of Victorians who are renting. The annual growth in median rents across Metropolitan Melbourne increased 4.2% in the year to June, due predominantly to a […]
8 ways to pet-proof your home as a renter
Advice
Renting your home with a dog or cat? You probably can’t cut a dog-sized hole through your backdoor. Not without asking your landlord first or putting in your own backdoor as a temporary replacement. The answer? Pet-proof your home with these 8 simple tips. 1. Find the garbage bin of your dreams Dogs, cats, and even ambitious […]
7 simple tips on how to sell your home
Advice
The best advice is always the simplest advice. Whether it be tips about your finances or your love life, if you can’t see the light at the end of the tunnel, then the advice is too complicated. So, what’s the simplest advice you can receive for selling your home? Know your market. 1. The first […]
Top ten tools you’ll need for DIY renovations
Advice
DIY renovations are rarely easy, despite how simple reality TV sometimes make them seem. But DIY renovations are positively impossible without having the following essential tools at hand. Ranging from the cheap to the not-so-cheap, consider asking around to borrow these tools, or buy your own and forever love them like your own children! Top […]
Top 10 IKEA buys on a budget
Advice
“Don’t eat the $1 Hotdog, whatever you do. Also, don’t get lost. Welcome to IKEA!” “How can you get lost, they have arrows?” “Trust me.” Deep within that designer jungle of things you will never need but will probably buy nevertheless, there are still some great pieces to pick up and for a reasonable sum. […]
Turning your home into an investment property
Advice
Turning your home into an investment property should never be solely an emotional decision. It is understandable that people develop strong connections with their homes, but unless there are clear financial advantages to be had in converting a home into a source of income, there is usually more sense in selling this property and looking […]
Setting yourself up for future investment opportunities
Advice
Few property investors wake up on a particularly sunny morning, roll over to check their phone and, in perusing their bank account, realise they suddenly have enough money to buy an investment property. Real capital growth and investment doesn’t happen by accident, but by setting yourself up for future investment opportunities. So, what does this […]
Saving with the 50-30-20 rule
Advice
Creating a budget is about more than just paying your bills and putting money aside for a rainy day. The most important part about budgeting is knowing how much to portion for each part of your life. The 50-30-20 rule creates a proportional guideline for you to keep your spending and saving in check, and […]
First time investors: regional vs student accommodation
Advice
For first time investors, whether ‘rentvestors’ (those who invest in a home while remaining as tenants elsewhere), current home owners or otherwise, there are limited affordable avenues in which to invest in property. Two relatively affordable and much discussed options are investing in student accommodation and investing in regional property. Why compare these options? Because […]
Cost-effective renovations for every room of your home
Advice
Renovating a home adds value – but it comes at a cost. You can throw tens, even hundreds of thousands towards updating your home, but you can also be creative with your home updates to increase the value of your home with less. Here are five cost-effective renovations that you can achieve with a little creativity and […]
Downsizing: splitting your time between regional and city homes
Advice
Baby Boomers make up approximately 25% of Australia’s population, with many now faced with the decision of whether to stay in their current city homes or to explore new possibilities. Why? As a Baby Boomer, there comes a point where: the kids have flown the coop; you are no longer utilizing your home’s space but […]
The real costs of moving house
Advice
After considering the costs of moving house you may just may end up reconsidering. But while it is better for your mental health to avoid adding up all those incidental costs, having a clearer idea of some of the costs of moving house may help you avoid some common pitfalls. The costs of cleaning After […]
5 alternatives to upsizing your home
Advice
There are many reasons for upsizing your home, and all of them valid. You may be a couple in a one bedroom apartment who are having your first child; growing your family; starting a business and want to work from home, or you may have an elderly parent moving in to your home. There are […]
The dos and don’ts of a rental application
Advice
Completing a rental application can be a tough and desperate battle for many would-be renters. Check out the list of dos and don’ts of a rental application below to help give you the edge! DO: Finish the rental application. You would be surprised how many applications property managers and landlords receive that have sections left blank. […]
Which neighbourhood suits your personality? Check out your pocket profile
Advice
How well do you know your neighbours? Looking at buying property in a different suburb but not sure if you’ll fit in? Now there’s a way to get a sneak peek at the types of people who live around any address, without stalking them: with a pocket profile! By drawing on Roy Morgan’s Helix Personas, […]
How to sell your home in different seasons
Advice
There’s no hard and fast rule for which season is best in which to sell your home. In fact, there are many pros and cons to each. So, whatever the weather, here’s how you can ensure your house is dressed to impress. Sell your home in Summer Stay cool If you sell your home in summer […]
Compromises to make when choosing your first home
Advice
Despite the obvious pressures decreased housing affordability has on people’s ability to become first home buyers, buyers of all generations have had to make compromises when buying their first home. Having a firm grip of your finances, your budget, your expectations and your lifestyle will help you navigate what is most important to you when […]
Furniture trends: from the 50’s to now
Advice
From the post-war innovation of the 50s through the psychedelia of the 60s and 70s, and onwards to the eco-focused comfort of the noughties and now, furniture trends have evolved through the decades. Which style season do you resonate with most? The 50s This was a time of post-war exuberance and innovation. New materials were […]
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