One of the questions being asked by followers and active participants in real estate is, what does Australia’s highest inflation rate in 32 years mean for property prices? If the Reserve Bank of Australia (RBA) is slow in achieving a reduction in the current rate of 6.9%, will this mean a continuation of the price…
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As many sellers consider investing in renovations to maximise the value of their property before it goes on the market, understanding how to best work with tradespeople will help to achieve an outstanding result. Talking to an agent before starting a major renovation is also a good idea. You should seek advice on potential improvements…
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With the real estate sector realigning itself to more usual behaviour after the amazing double-digit growth trends of the past two years, the savvy buyers who’ve stayed in the market are scouring listings and quizzing agents for bargains. And while buyers might not be displaying the exuberance of the past two years, plenty are seeking…
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We’re entering an interesting period in the real estate market as interest rates climb; buyers will start to low-ball offers and sellers will hold on to an asking price they might have achieved 12 months ago. So most people in the market today will need to buckle in for some initial disappointment and frustration but…
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It’s a wonderful feeling to be the buyer of a new home; walking through the door as an owner for the first time signals a new and exciting chapter in your life. And, let’s face it, those moments don’t come along too often. With home ownership comes responsibility, of course. It’s important you create a…
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Attending open homes can be a lost opportunity if you’re not focused on giving each property a thorough inspection and being open to the possibility that you could live there. You’re wasting your time if you stroll in and out without asking the agent a question to ascertain the potential value of the property and…
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There’s a moment when you’re in the market for a property that you must decide it’s time to stop looking and to start buying. Many people find this part of their search the most confrontational. But it can be easily avoided by researching the availability of your target style of property in your preferred suburbs.…
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Many individuals and families face the important decision of whether to continue renting or to purchase a home. This choice can be influenced by various factors, including personal financial situations, local real estate market conditions, and long-term goals. Rental markets can experience fluctuations, with some areas seeing significant increases in rent over time. These changes…
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Losing a property you had your heart set on can be disappointing, but you must ensure that it doesn’t turn you into a vulnerable buyer. You must remind yourself to fight the emotions of missing out and stick to the fundamentals of a property search. Whatever you do, don’t fall into the trap of feeling…
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You need two essential skills when buying a property: the ability to recognise the home of your dreams when you see it and, to stay within budget. If you believe that’s pretty straightforward, think again. Too many buyers enter the market without finance in place or clarity around what they want to buy. The idea…
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