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 Australia’s 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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The headlines declaring another building company is on the brink of collapse due to increased construction costs are becoming alarmingly regular. And it’s dissuading many homeowners from renovating, fearing spiralling building and labour costs or worse: handing over tens of thousands of dollars to a builder who goes under and takes the cash with them.…
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When it comes to buying a first home, size really does matter. Larger, family homes are usually beyond the price range of a first-time buyer and have prompted an increase in building approvals for new terraces, townhouses and duplexes. The increase in medium-density approvals provides an opportunity for first-home buyers who don’t necessarily want to…
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Australia is going through a nationwide rental shortage with vacancy rates in some of our capital cities and regional centres running at just 1% or below. There are currently 2.6 million Australians who live in a rental property. Many landlords have used the accommodation shortage as an opportunity to increase rents. Reports of 10% to…
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Property prices are under the microscope right now because the market is anxious to gauge the impact of interest rate rises. But you can definitely overdo the analysis. National averages of residential property for detached houses and units have their use, but they’re not definitive for your personal situation. Australia consists of thousands of micro-markets,…
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Summer provides the ideal opportunity to complete DIY projects that can add value to your home. And if you’re thinking of selling in the short to medium term, then a strategic approach to spending your time and money could be fruitful. If you’ve got a fall sale in mind, now is a perfect time to…
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When you sit down to negotiate the purchase of a new home, do you know what’s on the table? Are you about to have a conversation that’s only about money, or is there more to talk about? It’s perfectly natural to feel some anxiety or nervousness at this stage of the purchase because you have…
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The real estate market is constantly evolving, presenting both opportunities and challenges for potential home buyers. Whether you’re a first-time buyer or looking to upgrade, being well-prepared can make a significant difference in your home buying experience. As an experienced agent in your neighborhood, I’ve helped many buyers find their ideal homes. Here are some…
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If you’re approaching retirement or have just crossed that threshold, this type of social commentary in the media isn’t what you want to hear. Thankfully, one of the possible solutions is to downsize your home, transforming the value in your current property into savings that can support your retirement lifestyle. Of course, it doesn’t take…
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