The devastating floods along the east coast of Australia over past few weeks has emphasised the importance of understanding your risk before buying a property. Whether you’re looking to purchase near bushland, close to beaches, a river, or even lowlands you should be aware of the local dangers that Mother Nature can bring. This country…
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Homeowners are often reluctant to update their windows if there’s even the remotest possibility that they can be rescued and repainted one last time. New windows are not cheap, and the essential question is whether it’s a good investment for your home. Payback can come in two ways – an improvement in your home’s value…
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In competitive housing markets, when demand outstrips the supply of homes, some buyers may become anxious to secure a property. This eagerness to make a purchase after an extended search period can potentially be exploited if buyers aren’t cautious. In their haste, some buyers might consider waiving standard rights in their contract of sale to…
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If you’ve ever dreamed of restoring a property to its former glory, you’ll know that buying the perfect place is just the start of the hard work. You can’t afford decision fatigue, overwhelm or over-capitalizing. You don’t want to spend so much on the project that you’ll never get your money back when it’s time…
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Landscaping is not at the top of everyone’s list when it comes to remodeling their home for profit ahead of a sale. Yet, a beautiful garden has a huge impact, especially if you target young families or own a smaller property that will attract owners who like to spend leisure time in a peaceful backyard.…
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When anyone asks how to prepare a home for sale, I feel as if I’m answering the clichéd question, “How long is a piece of string?” There’s no definitive answer because it depends on your budget, time available and how hard you’re prepared to work. Ambitious owners will style their home based on current fashions.…
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Real estate investment can become more attractive under certain economic conditions, such as when rental rates increase, interest rates are favorable, or other investment markets show volatility. These factors can potentially create opportunities in the property market. Rental demand may sometimes increase due to various economic and social factors. For instance, some individuals might choose…
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Across America the desire among first time buyers to own a first home seems to increase by the day. The investment value of residential property continues to power ahead in our neighborhood and many other regions, creating double-digital growth rates across the US. New buyers wanting a piece of the action is no surprise. They…
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One of the great surprises of the pandemic has been the resilience of commercial office rentals with new data from the Property Council of Australia showing demand is increasing. While the national office vacancy rate rose from 11.9% to 12.1% during the six months to January, it was due to an increase in supply rather…
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The latest data is busting the myths that COVID-19 had destroyed the commercial property market according to the Chief Economist at Ray White, Nerida Conisbee. Nerida says fears that commercial vacancy rates would skyrocket and lease incomes nosedive had been well and truly busted with even retail and commercial office space performing better than expected,…
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