Single storey vs double storey homes. This is a question asked by a number of our clients. When buying a house and land package, there are a large variety of choices to select from, both internally and externally. If the buying intention is to purchase a home to occupy or to invest, no one person settles on the same type of home. In this market insight, we discuss the difference between a single storey...
Buying a townhouse is a good investment. Buying a home at any stage of life is a big decision. For first home buyers, buying a townhouse can be a great footprint into the property market, while savvy investors can find a well located property with low maintenance. Not everyone wants a townhouse. At Crest Property Investments, we help source brand new and off the plan properties for buyers. In our daily...
Site preparation sets the foundation of the build. A good build must start with the right site preparation. In this market insight, we share the steps of what's required to transform a vacant block of land into a site ready to commence construction. Step 1 – Initial site analysis Prior to breaking ground and commencing the build, an initial site analysis is completed. An assessment is undertaken...
The value a garage adds to a property. There is evidence that there is always a growing trend for a car space, this is in high demand when located inside close proximity to the city. Many modern home designs feature a garage as part of artistically presenting a beautiful front facade. With Melbourne's culture, Melbournians still choose to drive to work over using public transport, the value of a garage...
More incentives for first home buyers. The federal government recently announced new incentives by expanding their financial support to first home buyers and single parents. A new program has also been released for regional buyers. The federal government is currently offering two major incentives. The First Home Loan Deposit Scheme and New Home Guarantee. Both stimulus packages currently support a...
Unexpected costs when buying your first home. Once you've found a property you can afford, it can be easy to miss many other costs associated to buying or holding a property. In this market insight we share some cost to look out for before committing to your purchase. Council and water rates Once you own the property, you'll need to pay council and water rates. Generally payable on a...
An introduction to settlement. When buying off the plan, buyers have to wait for their dream home or investment property to be completed. In this market insight we outline the steps required to satisfactorily settle a house and land package. What is Settlement? Settlement is the date when the property title is transferred into the name of the purchaser, and the balance of the purchase price...
Here are some financial quotes from the best business people on the planet. "If you buy things you don't need, soon you will have to sell things you need." Warren Buffet - American investor, possible know as the best ever. "Financial independence is the ability to live from the income of your own personal resources." Jim Rhon - American entrepreneur, author and motivational speaker. "A big part of...
How to select the right townhouse. Due to the continuous increase in land prices in Australia, the prices of independent homes are rising, so many home buyers and investors are now targeting townhouses with higher cost-effectiveness. So how to choose an excellent townhouse? What kind of townhouse is a good design? How do you maximise living comfort and ensure that the properties you invest in is...
The new HomeBuyer Fund was announced by the Victorian Government on the 8th October 2021. Premier Dan Andrews revealed a $500 million scheme that’s expected to support more than 3,000 Victorians becoming home owners. This welcoming news is to improve housing affordability and to attempt further stability. Premier Dan Andrew also mentioned, “The pandemic has heightened financial pressures for...