Property market forecast for 2022. 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. We continue to see optimism into 2022 and beyond. What happened in 2021? The property market in 2021 saw some very good returns, well above the average capital appreciation. The property market not only...
What sort of construction happens before land titles? When buying a house and land package, the build obviously can't commence until the land settles in your name. There is quite a bit of construction relating to the land component and in this market insight we share some of the process to help you appreciate why it takes time for a land allotment to title. Here is a snapshot: Construction of...
Top things to do in Essendon Essendon is the most established northern suburb in metropolitan Melbourne with a large dense population. There are many things to do, both day and night. Here is a list of things to do, but in no particular order: DFO Essendon Home of over 120 Australian and international brands with generously discounted prices, DFO Essendon has a large selections of fashion, children's...
School zones push housing prices up. According to recent research conducted by Domain Group, prices in popular school zones witnessed dramatic increases as high as 46%! This is in just a 12 month period. Over the recent decade, many families have decided to pay a premium price tag to be housed within a school catchment. Parents are trying to enrol their children into high-performing...
5 minutes with Ryan Wu. Ryan Wu is one of Crest Property Investments consultants who has assisted many buyers in purchasing off the plan. With a sound background in accounting, Ryan finds great passion in souring properties that not only make money for people, but can also be tax effective for investors. We took the opportunity to pull him aside and ask some personal questions about his work life and...
Here are some financial quotes from the best business people on the planet. "If you buy things you don't need, soon you will have to sell things you need." Warren Buffet - American investor, possible know as the best ever. "Financial independence is the ability to live from the income of your own personal resources." Jim Rhon - American entrepreneur, author and motivational speaker. "A big part of...
How to select the right townhouse. Due to the continuous increase in land prices in Australia, the prices of independent homes are rising, so many home buyers and investors are now targeting townhouses with higher cost-effectiveness. So how to choose an excellent townhouse? What kind of townhouse is a good design? How do you maximise living comfort and ensure that the properties you invest in is...
Should I buy brand new or established property? There is no right or wrong answer but they do offer distinct differences. In this market insight we share some of the advantages and disadvantages to help you assess what's right for you. If you are buying to occupy or invest, its important you understand your circumstances and what you are actually buying in advance. Buying off the plan: Buying off the...
5 minutes with Tristan Markulija. Tristan Markulija is a the founder and principal property adviser at Crest Property Investments. With a reputable background in accounting, financial planning and mortgage brokering, Tristan made the switch to helping source brand new and off the plan properties for buyers. We took the opportunity to pull him aside and ask him some personal questions about his work...
Residential Tenancies Reforms - Regulation 13. This section covers off the latest safety related activities from Residential Tenancies Reforms. This is an extract for property investors needing some insight to what they are now responsible for. Electrical safety activities (1) The residential rental provider must ensure that an electrical safety check of all electrical installations,...