Recent changes to bank lending practices introduced by the Australian Prudential Regulation Authority to scale back borrowing levels have had only a modest impact on the market. Under the rules introduced late last year, lenders must now apply a 3% buffer – up from 2.5% — to ensure clients can handle future interest rate increases.…
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A big surprise in the property market over the past two years since the pandemic hit our shores has been the popularity of regional markets. Australia is among many western nations that experienced an exodus of white collar workers who’ve cashed out of their city properties to live with more space, freedom and safety in…
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If you’ve been on the fence about whether to finally sell your long-held family home and capitalise on today’s record-high property prices, a new law designed to encourage downsizing may be great news for you. New changes from the Federal Government mean the age that you can now deposit the proceeds of a property sale…
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Photography is a key element in any successful campaign to sell your home. It must have a wow factor that inspires prospective buyers to get in their car and attend an inspection. As experienced local agents, we’ll manage the photography of your home and work with our preferred professionals to achieve a five-star outcome. But…
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Moving home can be one of life’s most stressful moments. The idea of packing up your life in boxes can induce anxiety, but it’s always be tempered by the excitement of new beginnings at your new home. Equally stressful can be the idea of keeping your home in pristine condition for prospective buyers when they…
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Property investors are welcoming the opening of Australia’s borders in the aftermath of the pandemic lockdown, with predictions of a turnaround in rental income growth. Landlords on the east coast of Australia are likely to be the greatest beneficiaries of the change in immigration policy as their markets suffered the most severe downturns, with rental…
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The devastating floods along the east coast of Australia over past few weeks has emphasised the importance of understanding your risk before buying a property. Whether you’re looking to purchase near bushland, close to beaches, a river, or even lowlands you should be aware of the local dangers that Mother Nature can bring. This country…
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Homeowners are often reluctant to update their windows if there’s even the remotest possibility that they can be rescued and repainted one last time. New windows are not cheap, and the essential question is whether it’s a good investment for your home. Payback can come in two ways – an improvement in your home’s value…
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In competitive housing markets, when demand outstrips the supply of homes, some buyers may become anxious to secure a property. This eagerness to make a purchase after an extended search period can potentially be exploited if buyers aren’t cautious. In their haste, some buyers might consider waiving standard rights in their contract of sale to…
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If you’ve ever dreamed of restoring a property to its former glory, you’ll know that buying the perfect place is just the start of the hard work. You can’t afford decision fatigue, overwhelm or over-capitalizing. You don’t want to spend so much on the project that you’ll never get your money back when it’s time…
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