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5 things every buyer is looking for (even if they don’t realize it!)

Posted by on Nov 13, 2018 in Real Estate Tips | 0 comments

5 things every buyer is looking for (even if they don’t realize it!)

While it’s true that no two buyers are the same, there tends to be some common features that most people look for in a home. Being aware of what buyers are looking for can be helpful for sellers as they can use this information when planning renovations or home staging. Big bedrooms Large bedrooms are important for homebuyers. They want large, private master bedrooms and rooms that are big enough for the kids to play in. Many buyers also realise that floor plans are hard to change, and it’s very difficult to increase a bedroom’s size...

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The pros and cons of furnishing a rental property

Posted by on Nov 8, 2018 in Real Estate Tips | 0 comments

The pros and cons of furnishing a rental property

Whether to furnish a rental property is a common question among landlords, particularly as it can help increase rental yields. However, offering a furnished rental property may make a property harder to rent out and affect the types of tenants you attract. The positives of furnishing a rental: Higher rents All other things being equal, a furnished property should attract a higher rent than an unfurnished one.  Short-term leases Furnished properties generally attract tenants that are looking for more flexibility than a standard 6 or 12-month...

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Are we in a buyer’s market?

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

Are we in a buyer’s market?

Property stock levels have reached the highest levels we have seen since 2012, which means that now could present a great time for buyers looking for the upper hand in negotiations. According to CoreLogic, fresh listings have risen by 16 per cent compared to the end of winter, however they are still tracking 4 per cent lower than at the same time a year ago and are at the lowest seasonal level we have seen since 2012. Tim Lawless, Head of Research at CoreLogic, says that the low level of new listings can be attributed to weak vendor...

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Why finding good tenants is key to investment property success

Posted by on Nov 1, 2018 in Real Estate Tips | 0 comments

Why finding good tenants is key to investment property success

Good quality tenants are worth their weight in gold and may be one of the most important factors in determining the long-term success of an investment property. As landlords usually never get the chance to meet their tenants they may not be bothered by who they are as long as they pay their rent on time, but there are a number of other reasons why landlords should make the effort to attract and keep a quality tenant. Less maintenance costs Ideally you want to attract tenants that will look after your rental property and treat it like it is...

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Typical Australians are richest in world

Posted by on Oct 30, 2018 in Real Estate News | 0 comments

Typical Australians are richest in world

Many Australians may not feel it, but as it turns out we are among the richest people in the world according to Credit Suisse’s 2018 Global Wealth Report. Australia has overtaken Switzerland for the title of having the highest “median wealth per adult”, which has been driven by high real estate prices and growing superannuation balances. The report found that the median Australian adult has US$191,453 in wealth. Swiss adults aren’t too far behind with a median wealth of US$183,339 per adult. The county also still has the...

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Worried you won’t be able to pay off you home loan?

Posted by on Oct 25, 2018 in Real Estate News | 0 comments

Worried you won’t be able to pay off you home loan?

If you’re daunted by the prospect of paying off your mortgage for the rest of your days then you’re not alone. According to new research from ING more than half (51 per cent) of Aussies reported that they were afraid that they may never be able to pay off their home loan, while 40 per cent said that they were worried they will be carrying their home loan into retirement. Some of these fears may be unfounded however. ING’s research also revealed that 82 per cent of borrowers are paying down “more than what’s required most years”. It...

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Should you hold out for higher rent on your investment property?

Posted by on Oct 23, 2018 in Real Estate Tips | 0 comments

Should you hold out for higher rent on your investment property?

All landlords want to receive the best price possible from their rental property, however holding out for a high rental value doesn’t always make for the wisest financial decision. It’s not uncommon for landlords to stand firm on a rental figure, particularly if they have been receiving that amount in the past, however doing so could lead to a property sitting vacant for a prolonged period and a substantial loss in rental income. The decision to lower rent is never an easy one but let’s say the current market rent for your property is...

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Should you purchase a home with asbestos?

Posted by on Oct 18, 2018 in Real Estate Tips | 0 comments

Should you purchase a home with asbestos?

If you’re thinking about purchasing a property then you probably want to avoid asbestos at all costs, however that might not be as easy as it seems. That’s because approximately one in three Australian homes are thought to contain asbestos. What’s more, the majority of homes built or renovated before 1990 have some kind of asbestos material in them. With asbestos being so widespread there’s a good chance that many property buyers will come across homes that contain the substance, but that doesn’t mean they should be ruled out. How...

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What you need to research before you buy a home

Posted by on Oct 16, 2018 in Real Estate Tips | 0 comments

What you need to research before you buy a home

There are a lot of factors that need to be considered before purchasing a property and every buyer needs to do their own research to ensure that important details don’t fall through the cracks. The amount of research that needs to be done can seem overwhelming, so we have broken down a few key areas of research to look at to get you started on the right foot. Financial research Before buying a home you need to determine what you can realistically afford. Talk to a few different lenders or a mortgage broker to work out your borrowing capacity...

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3 common mistakes you might be making as a home seller

Posted by on Oct 11, 2018 in Real Estate Tips | 0 comments

3 common mistakes you might be making as a home seller

When it comes to real estate, nothing is for certain and it may feel like whether or not you get a good selling price comes down to the luck of the draw. While a little bit of luck may play its part, there are things you can do to take control and ensure you have a positive selling experience. You may fair best by avoiding the most common pitfalls that other sellers have made. They include: Not fixing basic maintenance issues A small property issue that could cost just a few hundred dollars to fix could end up knocking thousands of dollars...

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