Apartment buyers are often confronted with the most basic of questions: should I purchase a new unit, or opt for an older building that has long since passed its teething problems? Unfortunately, the answer is as old as the question: it depends! There are pros and cons to both options, as we have listed below.…
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It’s an exciting moment when you’re about to sign a contract to buy your dream home; the possibilities for this new chapter in your life will feel limitless. Before walking this path, though, a few serious administrative tasks must be completed. Perhaps one that can be overlooked is checking the smoke alarms on the property.…
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It’s a challenging time for upsizers and first-home buyers as they determine if they have enough cash and credit to fulfil their immediate property ambitions. Changing interest rates have made the mortgage and refinancing landscape a moveable feast. Lenders are tending to take more time in assessing applications at the moment as they weigh up…
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Many first-home buyers whose plans to buy in the city have been dashed by rising prices and interest rates are turning to regional Australia to climb onto the property ladder. While this isn’t an ideal solution for everyone, first-home buyers should not discount the idea. Regional centres are growing economically and offer excellent buying opportunities…
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Drone video of your property can make a fantastic impact on prospective buyers – but don’t get too caught up in this technology. They’re as spectacular for a beachside mansion with a swimming pool and tennis court as they are underwhelming for a one-bedroom unit. In other words, drone video isn’t for everyone so be…
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Have you ever sat in snail’s pace traffic on your daily commute and dreamed of owning a small acreage with fresh air, green fields and not a traffic light for miles? It’s really up to you whether this is just an idyllic daydream or an aspiration you can turn into a reality. Even for those…
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An orderly correction of property prices is continuing across Australia as buyers and sellers react to changing market forces swayed by a 6.1% spike in inflation and increasing mortgage rates. For September, industry researcher CoreLogic has found values for all housing slipped 1.4%, a slightly better result than in August (-1.6%). This comes after two…
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It’s always helpful to look at the national real estate market to get a general sense of the attitudes and experiences of both the buyer and the seller. While we caution you against associating national numbers with sales results in your area, all local markets can be affected by national trends and confidence in the…
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Rent rises may be about to max out, but more investors may enter the market once interest rates have stabilised, says industry researcher Core Logic. That’s because the latest figures for August and September show rents continue to increase annually by 10%. CoreLogic’s latest quarterly review has found that rents rose 0.6% in September –…
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Apartments are often the target of first-time buyers looking to get on the property ladder and empty-nesters seeking to downsize after raising a family. Both these groups will be happy to learn average values of apartments are recalibrating, dipping 2.3% nationally over the past four months. With almost 80% of the apartment stock, cities are…
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