In selecting a front facade for a new house, we are spoiled for choice. We have shapes, sizes and colours that allow our home to have it's own identity. When choosing a front facade, its ideal to think ahead ensuring it doesn't get outdated or deteriorate in the future. Here are a list of ideas to think about in advance before selecting a front facade. Colour schemes There are many colour schemes to...
Ways to improve your positive attitude at home. As Australians learn to adjust their daily routine in response to covid-19, we find ourselves spending more time at home. Melbourne in particular has had to find ways to be positive given the tighter government restrictions. Here are some helpful ways to improve your positive attitude at home. Increase your home’s natural light Capturing more...
What are vacancy rates? If you have ever looked at buying an investment property, you are sure to have heard this terminology before. What are vacancy rates? Vacancy rates are the percentage of how many rental properties in a location or market are currently without a tenant or vacant. The rate is calculated by using the number of vacant properties, multiplying that number by 100, and dividing that...
With Melbourne being asked to home isolate for a further 6 weeks, many must be confused and lacking routine. Here are some ways to set routine during isolation. Take a timeout from the news In recent months, COVID-19 has been the center of news. It’s nearly impossible to avoid it. There is no doubt, it’s causing a heightened state of anxiety for many individuals and families. Taking a break from...
According to the The Real Estate Institute of Victoria (REIV) :- The proportion of vacant properties in metro Melbourne remained at 2.3% in March 2020, compared to 2.2% in December 2019. The proportion of vacant properties in regional Victoria rose again moving from 1.7% in December 2019 to 1.9% in March 2020. The weekly median rent for houses in metropolitan Melbourne decreased by $10 from...
The property market reaches new heights in prices The Real Estate Institute of Victoria’s latest data reveals that metropolitan house values surpassed $850,000 for the first time. This result comes on the back of two consecutive quarters with growth of more than 3% each, the last time this occurred was in June 2017. REIV President Leah Calnan said the Victorian property market continues its strong...
According to the The Real Estate Institute of Victoria (REIV) :- The proportion of vacant properties in metro Melbourne remained unchanged at 2.2%. The proportion of vacant properties in regional Victoria rose to 1.7%. The weekly median rent for houses in metropolitan Melbourne increased by $20 per week from $460 in September 2019 to $480. The weekly median rent for houses in regional...
Quarterly results highlight Victoria’s housing comeback The Real Estate Institute of Victoria’s latest data indicates Victoria’s housing market is bouncing back. Lower interest rates and rise in loan approvals have contributed in significant growth for the real estate sector as properties are being snapped up more quickly. A springtime boost is helping to restore the property market with house...
Time to upsize during the tail end of property market correction The Real Estate Institute of Victoria’s latest data reveals that the median house price for Middle Melbourne is sitting at less than $900,000 for the first time in almost three years, creating upsizing opportunities for aspirational house hunters with the goal of buying in to some of Melbourne’s most sought-after postcodes. REIV...
According to the The Real Estate Institute of Victoria (REIV) :- The proportion of vacant properties in metro Melbourne was 2.2% The proportion of vacant properties in regional Victoria rose to 1.6%. The weekly median rent for houses in metropolitan Melbourne was $460 a week The weekly median rent for houses in regional Victoria also rose to $350 a week. Disclaimer -...