Downsizing your property is often described as the ideal solution to every homeowner’s cash flow challenge once they retire. The instruction is simple: sell the family home, buy a smaller one and pocket the profit. This basic strategy for downsizing is on the mind of an increasing number of homeowners in the current environment of…
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If you want to improve your home but have put the idea on hold because of the increasing cost of living, we have a few ideas to help you; and you don’t have to go crazy at Bunnings or on Gumtree or eBay to make great changes that will lift your spirits. Sometimes, owners become…
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A rental crisis that has struck post-lockdown Australia is allowing investors an opportunity to re-enter the market with an almost iron-clad guarantee of finding tenants. Rents have risen almost 12% in the past 12 months and the vacancy rate stands at an incredible 1%, according to new data from SQM Research. These factors, combined with…
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Strong rental returns is one reason why investors are being lured back into the property market after many sold for capital gain 12 months ago when values were up 20% plus year-on-year. The real estate picture is not precisely the same as many investors left it – properties values are higher but interest rates are…
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Buying and selling a home is not something most people do more than a few times in their lives. It’s easy to make basic errors or assumptions when you’re not used to the real estate market, which has some unique facets. Some behaviours tend to crop up time and again. To help make the transaction…
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Maximising the value of your property in the current real estate market has never been more important. When buyers move from the fear of missing out (FOMO) to FOOP (fear of over paying) the experience and skills of your real estate agent will be pivotal in achieving a great sale price. Choosing an agent will…
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As the market mood changes, sellers will be well-served by paying additional attention to the quality of the marketing campaign for their property. A campaign targeted to prospective buyers for your area can earn you tens of thousands of dollars more for your property than a half-hearted or cut-price effort that fails to capture the…
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With inflation capturing many of the headlines at the moment, it’s not a crazy idea to assess the insurance coverage for your home.
The quick change in our economic landscape should give many homeowners a reason to evaluate their mortgage situation. As a respected agency in your area, we have experienced this scenario before and understand how tightening economic conditions and rising mortgage payments affect our clients. Below, we’ve offered a short list of basic advice on how…
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As our aging population becomes increasingly cash-poor and asset-rich, the option to downsize their properties becomes increasingly attractive. Once the children have flown the coop, hanging on to the family home becomes needlessly expensive, especially in these days of skyrocketing gas and electricity prices. Generally, the family home can be said to be “not fit…
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