Blog

First home buyer activity at highest level in years

Posted by on Aug 14, 2018 in Real Estate News | 0 comments

First home buyer activity at highest level in years

First home buyers are making a dramatic comeback, with loans to the buyer group hitting a six-year high. The latest ABS Housing Finance figures reveal that first home buyers made up 18.1 per cent of all new mortgages given out during June. The volume of first home buyer occupier lending went up by 11.4 per cent in the 12 months to June, likely spurred on by new government incentives brought in at both a state and federal level last year. Housing Industry Association senior economist Shane Garrett has noted other reasons why first home buyer...

read more

Should you DIY or call in the experts?

Posted by on Aug 9, 2018 in Real Estate Tips | 0 comments

Should you DIY or call in the experts?

Renovating can be expensive so it’s understandable that a lot of people hope to save some money by doing the hard work themselves. While do-it-yourself renovations can be a great way to improve your home on a budget, it’s important to be aware of your limitations. Some things are easy to tackle on your own, but others really do require a professional to carry out the job properly. Dodgy work can be dangerous and it can even devalue your home, so its important that you get the work done right the first time around. A few renovation projects...

read more

Falling Aussie dollar could lead to interest rate hike

Posted by on Aug 6, 2018 in Real Estate News | 0 comments

Falling Aussie dollar could lead to interest rate hike

The Reserve Bank of Australia will be sitting for its monthly meeting tomorrow and the question on everyone’s mind is whether interest rates are finally going to change after a record long period of holding steady. While most believe that the official cash rate will remain on hold for August at least, there is a warning from a Moody’s Investors Services report that a rise is imminent. The report said that ongoing falls in the Australian dollar could put pressure on the Reserve Bank to lift interest rates to combat price inflation. The...

read more

Should you sell or hold when property prices fall?

Posted by on Aug 2, 2018 in Real Estate Tips | 0 comments

Should you sell or hold when property prices fall?

Australian property prices have fallen 0.8 per cent in the past year according to data from CoreLogic, and many are wondering whether that trend is set to continue. Westpac’s monthly consumer sentiment report seems to show that most Australians don’t expect that trend to change and expect home prices to remain flat or to go lower over the next year. Is now the time to sell up? A gut response for many property owners may be to sell their property before prices get any lower however people shouldn’t be too quick to put up a ‘for sale”...

read more

What to do when your home just won’t sell

Posted by on Jul 31, 2018 in Real Estate Tips | 0 comments

What to do when your home just won’t sell

Have a property on the market that isn’t getting the interest you had hoped for? When you put a lot of effort into listing a property it can be a very frustrating experience when it isn’t pulling in any offers. But no matter the situation it’s important for sellers not to lose hope. There are usually a number of options available to help turn things around and get a property sold. Rethink your advertising If you’re not getting a lot of buyer enquiries then ask yourself how effective your advertising campaign is. Most buyers will be...

read more

4 essential elements for a successful home sale

Posted by on Jul 26, 2018 in Real Estate Tips | 0 comments

4 essential elements for a successful home sale

Don’t put a “for sale” out the front of your home without first thinking about what to do to get the most out of your sales campaign. There are a few things that every seller should do before their property goes on the market to help them on their way to a successful sale. They include: A bit of preparation Spending some time making repairs and improvements to your property before it hits the market can go a long way towards achieving a higher sale price. Invest in low cost measures that will have the biggest impact on the cosmetic...

read more

Strong demand for property despite cooling prices

Posted by on Jul 24, 2018 in Real Estate News | 0 comments

Strong demand for property despite cooling prices

Property prices may be cooling across the country, but that certainly hasn’t slowed down buyer demand. In fact, it seems to be having the opposite effect. The number of home loan approvals went up by 1.1 per cent to 53,037 from April 2018 to May 2018, according to the latest figures from the Australian Bureau of Statistics. This shows that despite property prices falling more people are committing to home loans, perhaps because they are finally able to pick up a bargain. Data from the ABS also showed that it’s not first home owners that...

read more

Inexpensive ways to boost your home’s value

Posted by on Jul 19, 2018 in Real Estate Tips | 0 comments

Inexpensive ways to boost your home’s value

If you’re looking to sell your home then you might be thinking about renovating to add as much value as possible. While you may be tempted to do a large-scale renovation on your property before selling, you should first consider whether or not a few smaller improvements could add similar value. Renovations to improve value should always be considered carefully, keeping in mind what buyers are looking for in your particular area. Every neighbourhood and house might benefit from slightly different home improvements. Fix the fence – A...

read more

How to get on the property ladder faster

Posted by on Jul 17, 2018 in Real Estate Tips | 0 comments

How to get on the property ladder faster

Property prices are stabilising across Australia’s major cities and many people are being told that now is a great time to be a buyer, but that may not be very helpful for those who are still struggling to get a foothold on the property ladder. Even with conditions starting to favour buyers, property prices are still high in Sydney and Melbourne and saving for a deposit for a house is no easy feat. But even if property prices are too high where you live, there are a number of things you can do to help get into the property market as quickly...

read more

Property is number one savings goal for millennials

Posted by on Jul 12, 2018 in Real Estate News | 0 comments

Property is number one savings goal for millennials

Move over smashed avocado and Insta-worthy holidays, because the most covetable goal for a lot of young Australians is to buy a property. New research from Westpac found that the number one savings goal for those aged between 25 to 34 year old was a home or property. Westpac analysed the data from customers who used their Westpac Life savings accounts and found that 70% of their millennial customers’ total savings was put away for a future home. Ten times more millennials listed home and property as their number one savings goal than they...

read more