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...
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...
There are many different types of properties available to buyers. Townhouse living has grown in popularity over the last decade. In this market insight we discuss 5 reasons to consider buying a townhouse. 1: Townhouses feature a full turn-key solution When buying a new townhouse, the developer will offer a full turn-key solution. This means you're buying a fully completed home that features...
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...
Should you buy old or new properties? The opinion may differ among buyers, investors and other property enthusiasts. At Crest Property Investments, its a question we've been asked many times. In this market insight we highlight some of the general key differences between the two opportunities. Buying new properties: Buying new will offer greater longevity Investors receive great...
How to rate a good suburb. Metropolitan Melbourne is blessed with some incredibly designed suburbs. Whether you’re buying a new home to live in or looking to invest, there are many contributors and factors that narrow a good suburb down to suit your particular needs. Owner occupiers may factor more contributors to a suburb that features lifestyle, while investors may be looking for suburbs that are...
Will working from home change floor plans? The global pandemic (AKA covid-19) has caused inevitable change in the way we socialise, relax and work. It has no doubt changed our lives forever and we either learn from it or we get stuck in the now. In this market insight, we discuss how working from home may become the norm for many years or even decades to come. The days of a corporate office may never be...
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...