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...
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...
What is a buyers advocate? At Crest Property Investments, we specialise in sourcing brand new or off the plan properties for buyers. Our niche service as a buyers advocate is quite different to a traditional real estate agent. You'll find a real estate agent often services and works for the vendor with the intent of selling their property. While a buyers advocate services and works for the buyer. What...
Covid-19 has changed what people want in a property. Over the last 18 months there have been some growing trends towards what people want in a home. Interestingly, investors are also trending the same objectives as owner occupiers. So what is actually trending? It's not necessary bigger is better, nor is it location its more focused on the floor plan design. As we have been forced to adjust to...
The new HomeBuyer Fund was announced by the Victorian Government on the 8th October 2021. Premier Dan Andrews revealed a $500 million scheme that’s expected to support more than 3,000 Victorians becoming home owners. This welcoming news is to improve housing affordability and to attempt further stability. Premier Dan Andrew also mentioned, “The pandemic has heightened financial pressures for...
Top 10 trends when building a new house. The property market has been in high demand in recent months. Many investors and owner occupiers have been taking advantage of various government stimulus packages and buying various types of properties in different locations. At Crest Property Investments we have seen some common trends with what people are looking for when building a house and land...
Buying a small block of land in Melbourne has become widely popular over the last 5 years. Given the fact Melbourne property prices have continued to increase, its created an affordability problem for many. At Crest Property Investments we have seen a large take-up of buyers wanting to build a new house on a small block of land. This has allowed many new buyers to enter the market without heavily...
Most popular suburbs first-home buyers are purchasing. At Crest Property Investments, we source brand new and off the plan properties for buyers. At present, we are discussing and meeting with many first home buyers taking advantage of the government incentives and record low interest rates. The covid-19 pandemic has seen many young Australians look into their borrowing capacity and buying opportunities....
Stamp duty concession for investors. The Victorian Government through the State Revenue Office has announced a land transfer (stamp) duty waiver for purchases of Victorian residential property with a dutiable value of up to $1 million. Please take some time to view the link State Revenue Office. Stamp duty concessions - here is a snapshot: For new residential properties, a 50% land transfer duty...
New government incentives for buyers - here is the latest. Both the state and federal governments have worked together to stimulate the construction industry with the following incentives: HomeBuilder package The home builder package is $25,000 up until 31 December 2020. This has been extended offering $15,000 from 1st January 2021 to 31st March 2021. The be eligible for the home builder grant the...