Buyers are adopting an increasing array of technology solutions to help them find their next dream home. A new survey has found that more than a quarter of all buyers, estimated at 1 million Australians, are now inspecting properties using digital technologies such as 3D virtual tours, chatbots and artificial intelligence. The research by Zoom…
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Solar panels have become a significant selling point for homes, especially as power bills are poised to jump by up to 30% across Australia. This environmentally-friendly solution offers considerable advantages. Depending on the size of the system, solar panels can eradicate power bills and give you energy independence. You’ll also reduce your home’s carbon footprint,…
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There are two numbers that every owner, buyer and seller is keeping a keen eye on these days: the inflation rate and rising mortgage costs. As many of us are acutely aware, the Reserve Bank of Australia has increased interest rates 10 times in the past 12 months to fight post-pandemic inflation. Now, we may…
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Buying your first property is an unforgettable experience, and it’s one of the most important decisions you’ll make to set yourself on the path of wealth creation. And if you’ve achieved this goal during the current economic times, you’ve done incredibly well so congratulations! Owning a first home can also be unforgettable if you’ve never…
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With more than a third of our home loans written on fixed terms, many of us face the prospect of a significant change when these arrangements expire. Industry researcher CoreLogic says the so-called “refinancing cliff” is about to start to bite in Australia. With loan rates currently standing at between 5% to 6.5%, this refinancing…
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Installing new carpets is a great way to immediately give any older home or apartment a fresh look. If carpet shopping is a new experience for you, it will pay to do a little research beforehand. Buying the best carpet for the job is not just about looks, you should also consider how much foot…
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The recent sharp fall in property prices which was triggered by interest rate rises has now flattened, according to the latest industry research. CoreLogic’s March housing market update shows national prices dropped an almost imperceptible 0.14% in February, the smallest monthly fall since the Reserve Bank began hiking interest rates last May. CoreLogic also reported…
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As the cost of construction materials begins to level off after the post-Covid supply chain issues, an increasing number of renovation projects are under way. We bring you the Top 5 renovation trends for 2023. Let there be light Architects and designers insist natural light be prioritised. Full-height windows, wraparound glass doors and skylights are…
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It’s amazing what buyers look for when inspecting a home for the first time. Most scrutiny falls on the kitchen and bathrooms: drawers are opened and closed, taps turned on and off, and the extractor fans teased at various speeds. If you’re selling your home, your agent should alert you to buyers’ inspection behaviours so…
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With auction clearance rates holding steady in a busy auction market, a growing number of buyers are starting to hone their bidding skills to win their dream property. There’s much more to successfully bidding for a property than turning up and raising your hand. So, below, we have listed seven tips for buying at auction. …
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