Property market forecast for 2024. In this market insight, we take the opportunity to share our perspective on what the year ahead will look like in the Melbourne/Victorian residential property market. What happened in 2023? The property market in 2023 experienced everything! Many areas exceeded expectations, while increasing interest rates hindered home owners like they haven't experienced...
An investment property vs paying off your home mortgage. In this market insight we discuss the key advantages of both financial planning strategies. Not one strategy suits everyone, however they both offer different benefits. Let's explore these in more detail. Whether to buy an investment property or paying off your home mortgage, both are a significant financial decision that depends on your...
Setting a New Year's resolution for buying a property is a great goal that requires careful planning and commitment. Here are some specific and actionable resolutions you might consider: 1. Define Your Property Goals: Clearly articulate your reasons for buying a property. Whether it's for investment, homeownership, or another purpose, having a clear goal will guide your decisions. 2. Create a...
Five rooms needed in your new home. Here is a short list of the most desirable and most useful rooms that will make your home more functional and inviting. We all have to select the rooms in our home within our budget, but here are some of the best features a home can have. 1. Walk-in-robe In every new home, you can't go past not having a walk-in-robe. This creates so much more space in the...
Wishing you a safe festive season! We want to thank our local clients for trusting us in sourcing the best property for you. It's been a pleasure servicing you all and we look forward to another successful year in 2024. Please stay safe, enjoy your summer season and Merry Christmas from the team at Crest Property Investments. In the meantime, feel free to read up and learn more about property...
Child friendly home tips designed for the whole family. This market insight offers five very helpful ideas that can make your home a safer place when parenting a younger family. When it buying a new home, its important to visualise how it will suit your lifestyle. Will it be function, spacious and of course affordable. If you’ve got younger children, or are planning to have a family, making your...
Why is property rent so high in Melbourne? There are several factors that contribute to high property rent in Melbourne. Supply and Demand: Melbourne is a rapidly growing city with a booming population. High demand for rental properties often outstrips the available supply, leading to higher rents. Limited Land Availability: Melbourne is geographically constrained, surrounded by water and green belts,...
Are you ready for property investment? No doubt, Australians are aware that property investment is among one of the best investment assets to own. Having an asset that pays you a monthly income stream (rent) and overtime grows in value, what a great asset class to be involved in. It can be a running conversation at a friends dinner table, but having the courage to make the next steps to buying your...
Does a swimming pool help your investment property? Whether a swimming pool adds value to an investment property can depend on various factors, including the location of the property, the preferences of potential buyers or renters, and the overall market demand. Advantages of a swimming pool: Increased Appeal: In some areas, a pool can make a property more attractive, especially in warmer climates...
Top things to do in Collingwood Collingwood is an inner-city suburb only 3kms from the Melbourne CBD. Known for its artists and musical culture, Collingwood has been a very popular place to call home. Here is a list of things to do, but in no particular order: Grace Darling Hotel A 19th-century pub with a focus on locally produced beer and food, plus live indie bands. Check it out! Grace Darling...