If there’s a boom, then pundits claim a bust just around the corner. We’ve heard this a thousand times but the information is too general to help you decide whether it’s a good time to upsize, downsize or buy your first home.
It’s important to shut out the noise and focus on your local area. Australia isn’t one huge market of boom-bust cycles but thousands of micro-markets in which property performs slightly differently.
The demand for property during Covid caught many people by surprise as buyers optimistic for the future poured into a market suffering from a lack of homes for sale.
The supply and demand equation is only part of the real estate picture. We have record-low interest rates supplemented with federal and state government saving schemes, tax discounts and grants of $25,000 and more for first-time buyers.
If you are concerned about this new APRA ruling, we suggest that you talk to your bank or mortgage broker and discuss the impact on your situation.
For buyers about to seek a home loan, below are some of the essential documents and details you will need to pull together as part of the application. We hope you find our guide useful.
Investing in real estate isn’t just about finding a great property. You’ve got to make the numbers work or you’ll be seriously out of pocket. Many investors choose to be a landlord in their own neighbourhood while others buy further afield to take advantage of strong capital growth and rental yields.
It’s a great feeling when you put the ‘Sold’ sticker across the signboard on your home and have found a motivated buyer who can’t move in fast enough.
Now, you face a big question: should you begin a deadline-driven search for a new home and risk rushing into a deal, or find a rental and take your time.
Selling your property during this latest lockdown is not “mission impossible”. There are many technologies and techniques to help you maximise the value of your home despite the pandemic.
Buyer demand is still at record highs even though restrictions have been placed on inspections, limiting it to one person at a time.
Mornings and evenings are developing a distinct chill across most of Australia now that we’ve moved from autumn to winter. And it’s at this time of year when we regret having not thought earlier about the type of heating that would best suit our homes.