The housing market often experiences fluctuations that can affect both renters and potential homebuyers. In some periods, significant increases in rental prices across various cities and regions can create a strong incentive for individuals to consider transitioning from renting to homeownership. Market reports frequently highlight disparities in rental price changes across different locations. Some cities…
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Spring is traditionally the most popular time to buy and sell property in Australia. Buyers can always be confident there’ll be plenty of properties to inspect, while sellers believe the return of warmer weather will improve their sale price. And in normal times, they’d both be right. But with mortgage costs rising as the Reserve…
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Higher mortgage rates, insurance premiums and maintenance costs are likely contributing to reasons for raising the rent on one or more of your investment properties at the moment. If that’s the case, you’d not be alone. Rents are increasing across Australia by more than 10% year-on-year in every capital city and many regional areas. An…
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The sweet smell of jasmine means spring is in the air, heralding the start of our prime selling season for real estate and a fabulous time to give your garden a makeover. And the optimism that spring inspires is also with us. Owners who delayed their plans to sell because of Covid are now in…
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Many sellers experience nervousness and even pangs of anxiety as the deadline for their first open house looms large. It’s a big moment, of course. There’s a lot on the line and you want prospective buyers to have the best possible impression of your home. Owners focused on preparing their homes for this moment can…
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It’s a fascinating time in real estate if you’re an investor or considering whether this is the right time to make your first move towards becoming a property baron. Annual rent growth is pushing through the double-digit barrier because Australia now has a shortage of rental accommodation, partly due to investors selling to owner-occupiers at…
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One of the most common pieces of advice you’ll receive from an agent when you’re preparing to sell will be to suggest you tone down any bold colours in your home. Bright red feature walls and pink bedrooms are an agent’s nightmare because brash paintwork of any rainbow hue will likely send many prospective buyers…
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If you’re looking to buy a property at the moment, the apartment market is proving to be less volatile than detached housing. The latest CoreLogic figures show a 1.4% decline nationally in apartment prices in the three months to the end of July. But if you look at the year-on-year figure, it’s down 0.2% because…
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Renovating a kitchen can be a lot of fun when you plan your project carefully, and it offers terrific financial rewards if you give it a spruce up before putting your home on the market. The kitchen is one of the most influential areas of a home in the eyes of buyers. It can contribute…
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Decluttering your home is an essential task when preparing for a sale. A clear-out will create additional space that buyers love, and it will give you the best chance to maximise the value of your property. Target areas should include the living room, kitchen and children’s bedrooms, all of which tend to be magnets for…
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