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...
Current tapware trends in 2022. When buying off the plan, one of the great benefits is having the ability to select your own fixture and fittings. One area that many buyers like to customise to their home are the tapware fittings in both the bathrooms and kitchens. Tapware can really offer a sophisticated look to you bathroom and kitchen. It becomes a focal point of the room. Choosing the right tapware...
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...
Pre settlement inspection. When buying a property off the plan, you have a contractual right to take a look at what you've purchased before you exchange the purchase at settlement. What is a pre settlement inspection? The pre-settlement inspection is your opportunity to take a look at the newly completed property before you own it and accept they keys. It is your legal right as a purchaser to check the...
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...
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...
The correlation between land-to-asset ratio and capital growth. Not all investors make note of this fundamental in their investment decisions. Some of the more experienced investors would have heard this term, but many don't quite understand how to use it. In this market insight, we discuss what a land-to-asset ratio is, how it can demonstrate capital growth potential and how not to use...
Why choose longer title timeframes? When buying off the plan, house and land packages have been incredibly popular over the last three years. At Crest Property Investments, we have seen supply heavily outstrip demand. This has caused many buyers to consider buying longer title timeframes to own their dream home or that perfect investment property. While longer title time-frames can sound...