One-third of all Australian properties now command a $1 million-plus price tag, according to the latest research from Cotality. Its latest data shows the number of so-called “million-dollar suburbs” has risen by an astounding 143% in five years. The city with the most influence on this result is Brisbane, where 38 suburbs have moved into…
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Knowing you’ve put your largest financial asset in the hands of a great real estate agent makes the process of selling your home so much less stressful. Their knowledge and experience will ease any anxiety about market trends, buyer preferences and the price you might expect to achieve. Choosing the right agent requires careful thought…
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There are many decisions to make once you decide to move home: Do you buy or sell first? What type of mortgage do you need to climb the property ladder? And how will you co-ordinate accommodation so you’re not left stranded between properties? And here’s the most important question – how will you achieve a…
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Powered by a revolutionary government policy to support first homebuyers, Australia’s sale prices are now growing faster than at any time in the last two years. The moment the Government released its Home Guarantee Scheme (HGS) – a policy guaranteeing 15% of a 20% deposit so first-time buyers avoid Lenders Mortgage Insurance – the national…
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In an effort to maximise their home’s value, owners will make at least two significant improvements before it goes on the market. One of the most common areas of focus is the bathroom because of its influence on a buyer’s assessment of your home. A full renovation of a bathroom can cost tens of thousands…
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With the Australian property market currently operating at “full-steam”, more political discussion has focused on helping first-time buyers than we’ve heard for a very long time. The successful remake of the Federal Government’s Home Guarantee Scheme (HGS) has in a matter of a few weeks attracted a sharp increase in loan applications and first homebuyer…
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An appraisal of your current home’s value is an essential first step for owners looking to sell and move up the property ladder or downsize. A value estimate grounded in reality rather than wishful thinking will ensure you don’t make any terrible or expensive mistakes when you consider your next property purchase. The best appraisal…
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If you’re considering putting your home on the market in the New Year – a great time to sell, by the way – you should be thinking about how you might increase its market value. Given your home is probably your most significant financial asset, maximising its value will give you more options for your…
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One of the hottest segments in the property market right now is the entry-level apartment. That’s thanks to the Federal Government’s re-cast Home Guarantee Scheme (HGS), which is proving to be a game-changer for first-time buyers. Agents are reporting a greater level of inquiry and attendance at auctions for apartments as young first homebuyers jump…
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A common request of real estate agents is to explain the pros and cons of selling your home at auction rather than negotiating with buyers in a private treaty situation. It’s a completely justifiable demand. While auctions are super-popular in the bellwether markets of Sydney and Melbourne, this approach gets a more lukewarm reception in…
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