Buying and selling a home is not something most people do more than a few times in their lives. It’s easy to make basic errors or assumptions when you’re not used to the real estate market, which has some unique facets. Some behaviours tend to crop up time and again. To help make the transaction…
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Maximising the value of your property in the current real estate market has never been more important. When buyers move from the fear of missing out (FOMO) to FOOP (fear of over paying) the experience and skills of your real estate agent will be pivotal in achieving a great sale price. Choosing an agent will…
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There are a lot of jobs to do around the home that will improve its value. But there are also several that you should never touch. Sometimes, expert tradespeople are required for tasks where a willing DIY-er should never stray. Enthusiastic DIY that lacks a professional quality can also detrimentally affect the value of your…
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The quick change in our economic landscape should give many homeowners a reason to evaluate their mortgage situation. As a respected agency in your area, we have experienced this scenario before and understand how tightening economic conditions and rising mortgage payments affect our clients. Below, we’ve offered a short list of basic advice on how…
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As Australia’s aging population becomes increasingly cash-poor and asset-rich, the option to downsize their properties becomes increasingly attractive. Once the children have flown the coop, hanging on to the family home becomes needlessly expensive, especially in these days of skyrocketing gas and electricity prices. Generally, the family home can be said to be “not fit…
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The headlines declaring another building company is on the brink of collapse due to increased construction costs are becoming alarmingly regular. And it’s dissuading many homeowners from renovating, fearing spiralling building and labour costs or worse: handing over tens of thousands of dollars to a builder who goes under and takes the cash with them.…
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When it comes to buying a first home, size really does matter. Larger, family homes are usually beyond the price range of a first-time buyer and have prompted an increase in building approvals for new terraces, townhouses and duplexes. The increase in medium-density approvals provides an opportunity for first-home buyers who don’t necessarily want to…
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Australia is going through a nationwide rental shortage with vacancy rates in some of our capital cities and regional centres running at just 1% or below. There are currently 2.6 million Australians who live in a rental property. Many landlords have used the accommodation shortage as an opportunity to increase rents. Reports of 10% to…
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Property prices are under the microscope right now because the market is anxious to gauge the impact of interest rate rises. But you can definitely overdo the analysis. National averages of residential property for detached houses and units have their use, but they’re not definitive for your personal situation. Australia consists of thousands of micro-markets,…
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The transition of the property market to more usual behaviour presents an opportunity for many buyers frustrated by consistently losing auction bidding wars. Markets across Australia are showing the first signs of cooling in response to the Reserve Bank of Australia (RBA) hiking its target cash rate. For buyers, the good news is that prices…
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