The decision to renovate or buy a new home requires research, an assessment of your own personal financial circumstances and, ultimately, a few hard choices. There is no right or wrong to either option. Both come with significant benefits as well as a few downsides. The key influencing factors should be your lifestyle aspirations, personal…
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Buying off-the-plan offers you a great opportunity to make a profit from real estate but is always a calculated risk. With a development planned, or in the midst of construction, you’ll can sometimes gain an advantageous price compared with completed buildings, and a 10% deposit gets you in the market quickly. If property values are…
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The marketing plan presented by an agent reveals much about their strategic approach to selling your property. Advertising is not a perfect science and is always constrained by the likely return on investment. You should consider a minimum spend of $2000 for a four-bedroom family home, which should be sufficient to gain attention across a…
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If your home is near a top-performing school and you think that’s it’s time to sell, then it’s possible you’re sitting on a potential gold mine. Property within the catchment area of Australia’s highest-ranking schools command a price premium of up to 15% – and that can mean tens of thousands of dollars more for…
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The upside of buying an off-the-plan townhouse or apartment should be competitive pricing that you’ll receive compared with similar properties that have already been built, plus the fact that your property is brand new. Your biggest challenge is to commit to a purchase based on a scale model, artist’s impressions and floor plan rather than…
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It’s an old cliché, but “position, position, position” is never more true than when selecting an investment property. The area and style of property in which you chose to invest will determine the type of tenant and level of rent that you will attract. You must research your target area. You want to know local…
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When it comes to finding the best home loan, it’s a jungle out there. Mortgage brokers can be your guide, offering an array of products and services to help you own your first home, refinance an existing loan or climb the property ladder. More than half of the loans in Australia are arranged by brokers…
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Lazy summer days don’t exist in the property market. Summer is a great way to display a property in warmer weather and the Christmas deadline can help focus the mind. Homes with great outdoor areas, swimming pools or spas are particularly strong candidates for a summer sale. So let’s look at the strategies and preparation…
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Three forms of investing in real estate that don’t require the outright purchase of a property, or offer a unique twist on ownership, are becoming increasingly popular. Rentvesting is an option increasingly favoured by young buyers, who buy and rent-out one property in a market they can afford, and then rent a different property in…
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When a property fails to sell at auction it is described as “passed in”. But what does that really mean, especially if you are interested in buying the property? A passed in property is one that has not been able to achieve a bid at auction that either met or exceeded the reserve. When this…
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