Brisbane remains the most affordable city on the East Coast and was showing strong and steady growth in property values when the coronavirus struck. And with Queensland the first state to start to lift lockdown restrictions, it augurs well for the market’s return. New research shows property values in the city increased by 3.1% in…
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The strong performance of the Sydney property market before the coronavirus crisis struck suggests a resilience in buyer interest that could spur a bounce-back when restrictions are lifted. Data shows values in the Sydney market grew 13% in the year to March on the back of an increase in sales volumes of 25%. Fears for…
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Melbourne property values have entered the coronavirus crisis at record high levels, giving the market confidence that pent-up demand and positive buyer sentiment will return quickly. Property values were up 12% in the year to March 2020, according to the latest research of industry leader CoreLogic. This was powered by sales volumes that were 11.6%…
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Here are six of the most common questions that property buyers and investors are asking at the moment as we all come to terms with the social and economic impact of the coronavirus. Is it a good time to purchase an investment property? Whenever you can see that the numbers are working for you is…
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The successful lockdown, now at Level 2, has not dissuaded Kiwi home buyers from continuing to search for their ideal property. Local property sites are reporting record traffic as buyers scour the market for great buying opportunities before the crisis ends. With inspections currently suspended by governments, the market might feel quiet, but sellers should…
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Video is a great way to help sellers even though open houses and private inspections are back on the agenda after the government implemented Level Two of the coronavirus emergency. If your marketing budget doesn’t stretch to a high-end 3D virtual tour or a professional videographer, then you can produce your own video with a…
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Now Australia has flattened its COVID-19 curve, a discussion is starting about how we get ourselves back to normal in the coming months. Tough, courageous decisions lay ahead but one thing is for sure, a healthy property market will be at the top of the post-virus economy wishlist. Nothing powers our economy more than a…
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With open houses starting again, buyers no longer have to rely on a specially arranged private inspection or video walk-throughs. But there are still smart ways to approach the challenge of buying property. Ask your real estate agent for the floorplan of the property you’re interested in. If you study it carefully, you will get…
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Loan guarantees are possibly the fastest way to help young, first-home buyers enter the market. In most cases, parents will mortgage a portion of their own home to help their children meet property prices that would otherwise be beyond their reach. It’s a popular strategy when a market dips and buyers want to move quickly…
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If you’re thinking about buying an older home, it’s essential you conduct a building inspection to check if there are any flaws. Even if issues are revealed, you may still decide to go ahead with the purchase, but it’s important you have a solid idea about the cost of any repairs. Discuss with your builder…
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