More incentives for first home buyers. The federal government recently announced new incentives by expanding their financial support to first home buyers and single parents. A new program has also been released for regional buyers. The federal government is currently offering two major incentives. The First Home Loan Deposit Scheme and New Home Guarantee. Both stimulus packages currently support a...
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...
There are many different types of properties available to buyers. Townhouse living has grown in popularity over the last decade. In this market insight we discuss 5 reasons to consider buying a townhouse. 1: Townhouses feature a full turn-key solution When buying a new townhouse, the developer will offer a full turn-key solution. This means you're buying a fully completed home that features...
Should you buy old or new properties? The opinion may differ among buyers, investors and other property enthusiasts. At Crest Property Investments, its a question we've been asked many times. In this market insight we highlight some of the general key differences between the two opportunities. Buying new properties: Buying new will offer greater longevity Investors receive great...
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...
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...
W. Not one property fits all, but there is a trend where we see downsizers asking us to source an apartment. Once their children grow up and become independent and move out, parents are often left with a home that is either to big or requires to much maintenance. There are many reasons why they make this change in their lives. In this market insight, we highlight some of them. Purchasing...
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...
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...