Many people often feel that if they wait, they may find a bargain. Bargains come and go. First home buyers are very new to the property market and often nervous. It’s important to get advice, but be careful. Don’t listen to too many people, particularly if they haven’t been overly successful in real estate or perhaps not qualified to provide advice. Buying property can be an overwhelmingly emotional...
Many years ago, many buyers purchasing apartments and townhouses were acquiring them for investment purposes. However, it’s becoming a more preferred choice for many Melbournians to buy these types of residences to occupy rather than invest. Married couples wanting to stay close to the city are regularly looking for spacious Apartments and Townhouses, while many sole occupants prefer it. The...
With a rising population density and continued demand for residence within close radius of the CBD, a car space has become a highly sought after feature. Car spaces in Melbourne and Sydney have sold for an alarming price of well over $100,000. The question remains, is a car space worth the additional cost or is it better to pay less and rely on the public transport system. Whether it’s a space on...
Here we outline five important steps to buying your first investment property: 1. Set Your Goals To accomplish your property needs, you need to establish some primary objectives. Are you purchasing a property to generate a high rental income stream or capital growth? Is it to be held for the short or long term? Break down your objectives into a few important criterions and place a deadline and/or date...
Rent – The true core of real estate. Investing in real estate should be a buy/hold approach. The traditional way that provides moderate returns while having the opportunity to use the rent to escalate the loan repayments. TV reality shows often falsely indicate that successful real estate is a quick turnover from buying a home, renovating it, and reselling at a much higher price, but this is far...
Melbourne property under $500K. It’s evident that property prices in Melbourne continue to increase. Many find it difficult to meet the affordability, while others are fortunate to manage a large property portfolio. Nevertheless, every type of buyer would be very interested in sourcing a quality property, particularly Melbourne property under $500K. As at September 2017, here are some property...
Buying property is an exciting time. The feeling you get after buying provides such a great feeling of success. We all work hard and its time you get a chance to show it! As property advisers, we pride ourselves on service. Our priority is to understand your needs and present the right solution exclusively for your situation. If you don’t conduct the right property research and review your own...
The walk score reflects how easy it is to get around without a car. The walk score is a number between 0 and 100 (100 representing a perfect score). Melbourne has been ranked number 1, with the only suburb achieving a perfect 100 out of 100. Werribee South takes the 'wooden spoon' with a score of just 0.6 out of 100, highlighting the high reliance on using a car to get you places such as shops, schools...
Melbourne - The most liveable city in the world. There are many research houses in the world who provide insight around economical data. The Economist Intelligence Unit's (EIU) Liveability Index ranks 140 cities each year taking note of the city's culture, stability and environment. Melbourne has now been ranked by the EIU as the world's most liveable city since 2011. Vienna has been top ranked by the...
Our kitchens are the centre of family life. They now serve as a meeting room, study, dining room and social place. How many people have their breakfast on the kitchen bench? Kitchens are no longer known for the centre of food preparation. Did you know… we love kitchens so much, they have doubled in size since the 1920s. Apparently, we spend more downtime and waking hours in our kitchens than any other...