Confidence continues to return to the property market despite the continued pressure on mortgage costs, according to the latest figures from the Australian Bureau of Statistics. It looked at the number of new loans that are being issued and found an uptick of 4.9% for March compared with the previous month. That represents a value…
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Positive sentiment continues to strengthen in the property market with national values rising 1% in the three months to April. It’s a relief after the tapering values we saw between last May and February, which encouraged owners to pull back from the market and buyers to hesitate. The new data indicates the worst is behind…
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There are few more essential steps in preparing your home for sale than ensuring it is sparkling clean. Nothing deters prospective buyers faster than walking into a home to find it dirty or untidy. When cleaning your home in preparation for a viewing or open house, it is essential to focus on the kitchen and…
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The rent increases we’re witnessing nationwide have been a relief to some financially-squeezed investors as maintenance costs and interest rates continue to climb. But if you’re considering hiking your price, be aware there’s a right and wrong way of going about it. If you use a property management team, you should talk to them about…
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The outlook for apartments has improved as the financial world predicts the burgeoning inflation that has forced up interest rates may be close to peaking. Prices for units have increased for the first time in 11 months, according to researcher CoreLogic. News of the 0.6% uptick in values comes as separate data shows investor income…
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Many investors and homeowners will have kept a keen eye on the recent Federal Budget to see if it will ease some of the challenges caused by 12 months of interest rate rises implemented to tame inflation. This snapshot looks at the Budget’s leading programs aimed at encouraging investors, helping first-time buyers and committing to…
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Since the Covid-19 pandemic reached our shores, one of the big points of focus for many buyers has been finding a property with space to work from home comfortably. Anyone who perched around the dining table, jostling for space as their children did their homework, knows the importance of work-from-home space. The Australian Taxation Department…
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With the chilly weather fast approaching, it’s the perfect time to start planning winter crops in your back garden. And if you’ve never thought of popping a few veggie seeds into pots or creating a vegetable patch, this may be the ideal moment. The brisk conditions we’ve been experiencing are perfect for so-called cold-season crops,…
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Discipline around maintenance is essential to keep your home in great condition as neglected properties can cost a lot of money to put right before a sale. A worse result is when a property fails to reach its value potential because it’s rundown. While many buyers may be home-hunting for a fixer-upper, more want a…
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If something doesn’t feel right or is not what you wanted, say something. If you don’t, the problem is on you, and you’ll be unhappy aboFinding a fixer-upper or property that needs a little TLC may be a practical and lower-cost entry into the real estate market for first-home buyers. But, securing the property is…
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