Blog

June 19, 2020

Financial tips for first home buyers

Purchasing your first home is a big deal and it’s likely the biggest investment you’ll make. But where do you start? And what do you need to know about finances before you purchase a home? Borrowing money Working out how much money you can borrow from a bank or lender is one of the most important steps in budgeting for your first home. By working out your income, expenses and how much you have saved for a deposit, a lender will be able to tell you […]
June 17, 2020

Should I get a strata inspection report?

Is it worth spending the time and money to get a strata inspection report before you make an offer on a property? We explain why a small investment in a strata inspection report could give you a lot of peace of mind.  What is strata and a strata inspection report? Strata schemes are those that allow you to become the shared owner of a property. When you purchase a unit, apartment or townhouse, you become the part-owner of common areas in your building complex. These common […]
June 15, 2020

5 DIY ways to improve your kitchen

The kitchen is one of the most influential rooms in a home. Not only is it a room that we all use daily, it’s one that can also influence buyers when it comes to purchasing your home. Kitchens are one of the most expensive rooms to completely renovate and buyers will appreciate it being done for them. But you don’t have to spend a lot of money on improving your kitchen.  A new coat of paint If your kitchen feels outdated or needs a new look, […]
June 12, 2020

How can I buy a house privately if it’s going to auction?

If you’ve fallen in love with a house but you don’t want to risk losing it at auction, you can always offer to buy it privately. Auctions can be a daunting experience, especially for first home buyers. Not only do you have to be well researched on the property and your own financial position, you also have to be ready to out-bid other prospective buyers in front of the public. So, how can you buy a house privately, even if it’s going to auction? Make a […]
June 10, 2020

What is a sinking fund?

A sinking fund is an essential pool of money established by the owners’ corporations to cover the costs of future maintenance expenses of a strata building. In a strata building, such as a block of apartments, there are a range of expenses which include the repairs and renovations to common areas that need to be planned for. The costs of these works cannot be imposed on any one property owner alone.   What exactly is a sinking fund? A sinking fund is designed to help owners’ corporations […]
June 8, 2020

How your agent can reduce the stress of your divorce

Divorce is one of the most stressful events in your life, so having the right resources throughout your divorce journey can reduce the stress and anxiety of this emotional rollercoaster! A key resource for your divorce is a Real Estate Agent. You may have to sell your family home, sell investment properties or move to a rental property in the interim whilst your financial settlement is underway.  Many people move to a rental property to give themselves time to heal before committing to buy another property […]
June 8, 2020

How to claim the government’s new HomeBuilder grant

The federal government is giving eligible Australians a $25,000 HomeBuilder grant towards building their new home or substantially renovating their existing homes. The grant scheme has been announced as an effort to boost demand in the construction sector, and keep builders and tradespeople employed as the country braces for an economic downturn as a result of the Covid-19 pandemic. The Master Builder’s Association has welcomed the package which will provide a huge relief for the construction sector, warning that without assistance contracts could be expected to […]
June 5, 2020

Why you should invest in a property video

More and more house hunters are using the internet to research homes before they commit to attending an open home inspection. As a result, sellers are investing more in video tours of their homes to attract potential buyers. While including video in your online property listing can attract more buyers, there are multiple benefits to investing in the technology.  Online promotion Your property can be promoted across more websites, real estate portals such as Domain and REA, and social media. Video is often more engaging than […]
June 3, 2020

Is winter a bad time to sell your property?

Winter can be a challenging season to put your property on the market. Winter months bring darker days, cooler weather and fewer hours of warm sunshine. Any deciduous trees you may have will have lost their leaves, beautiful flowers will not be in bloom and the interior of your house may appear darker overall. As a result, advertising the property in winter can be unappealing, and prove slightly difficult. However, you can still make the most of selling in winter. Even though winter is considered a […]
June 3, 2020

What does a strata manager do?

You’ve heard of a strata manager, but what do they actually take responsibility for? And is their role the same as that of a property manager? While they might be similar, strata managers actually have a very complex role to play in managing a block of properties.  What is a strata manager? A strata manager has a very different role to a property manager. While a property manager looks after individual properties on behalf of an owner, collecting rent and acting as a liaison between owner […]
May 30, 2020

Top features to include when renovating to sell

Knowing which features are most important to buyers can help you renovate your home for a higher profit when it comes time to sell. Certain features such as extra storage and parking, and luxuries such as ensuite bathrooms are becoming more popular among buyers. Including them when renovating to sell can help increase your sale price of your property.  Parking space Higher density suburbs means parking is becoming more of an issue, especially in our capital cities. And as a result, garages and carports are becoming […]
May 29, 2020

Top tips to flip a house

Buying, fixing and reselling a house at a profit, or flipping a house, can be a lot of work, but it isn’t impossible. By purchasing the right house and making renovations, you can sell for much more than you paid for it in a short amount of time. Done the right way, a house flip can be a great investment. Buy below market value or at the lower end  Buying below market value might be a little difficult in a seller’s market, but it’s not impossible […]

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