Land is a precious commodity. Some feel it’s the essence of property investment. Are you familiar with the term titled land? In this article we teach you what titled land is compared to untitled. In residential property, titled land is when the allotment has been officially recorded with the Land Registry. If your block is officially titled land it’s been granted a Certificate of Title. This...
Common concerns when buying off the plan. There are many benefits with buying off the plan, however some feel nervous or suspicious about it. In this article we want to highlight some common concerns when buying off the plan. Buying off the plan means you’re purchasing a property before it is completed. Below is a summary of common concerns: What if the builder goes bankrupt, will I lose...
Have you ever considered buying a property off the plan? Why would we choose to buy off the plan? Most people love the smell of a new home... The new floorboards, the silky stone benchtops, the spacious new walk-in-robe or that inspiring hot tub!! There are many amazing things to love in a new property. There are also various financial benefits. However, these can differ depending on the type of...
This is the latest Rental Market Snapshot as at June 2020. Here we highlight, metropolitan Melbourne and regional Victoria. According to the The Real Estate Institute of Victoria (REIV) :- The proportion of vacant properties in metro Melbourne has increased from 2.3% in March 2020 to 3.0% in June 2020. The proportion of vacant properties in regional Victoria decreased from 1.9% in March 2020...
An open floor plan has become extremely popular and with good reason. A little extra light and space space goes a long way. An open floor plan usually involve combining your kitchen, dining and living areas into one big space that suits a family lifestyle. The kitchen island bench is the only separation between the open floor plan. This makes a small house feel light and airy, giving the illusion of a...
Many families want to support each other. Parents often ask us how they can help children buy their first property. With the housing market continually rising, many children will face affordability challenges. Some parents look to buy properties to gift to their children in the future, but this is not always feasible, for instance if you have three children. Many are also not quite fortunate to have the...
There is good news out of Canberra with the announcement of the $680 million HomeBuilder package. The Federal Government introduced its HomeBuilder package on 4 June 2020. The HomeBuilder package The big winners are owner occupiers and first home buyers. The government is prepared to compensate owner occupiers and first home buyers if they choose to buy a new or off-the-plan property in the remainder...
When leasing a property most would recognise it as the biggest expense in your budget. What ways can you pay rent? If you are unable to cover your monthly rent, the landlord can issue a notice to vacate. In this article we outline what ways you can pay your rent which may best suit your circumstances. Direct Debit: The most common preferred payment for a property manager is an automatic transaction. The...
When we buy a new home we spend a lot of time in the kitchen. How we have grown to love kitchens. If it’s cooking, cleaning or even entertaining. This is where a common question arises. Benchtops - stone versus laminate. Is it better to include stone or laminated bench tops? There isn’t necessary a right or wrong answer but here are some differences you may want to take note before your next...
Renting your property on a short term lease. One popular benefit of investing in property is the control and flexibility of owning the asset. There are many types of rental agreements available and they are suited to different investors. Some investors may want a short-term or long-term lease, depending on their circumstances and objectives. In this article we highlight some points to consider when...