Posts tagged investment properties
4 Things To Check When Buying A Property

So you’ve found the property of your dreams. Congrats! But that's only half of it. Now you need to dot your i’s, cross your t’s and make sure you have done your due diligence.

To ensure your investment is going to be as safe as… houses!

There are many important points to cover when running due diligence on a property pre purchase, all of which we go through in detail with our clients of course.

Read More
Thinking About Buying Pre-Auction?

There are various pros and cons to buying property pre-auction, it's not for the faint-hearted... Submitting an acceptable offer pre-auction can turn what was going to be a very transparent process (public auction) into a messy and stressful situation, fast!

Whether or not submitting an offer pre-auction is going to be the best way to ensure you buy the property completely depends on the circumstances. You need to ask a few questions before you take the leap of faith.

Read More
Apartment Ownership Titles - What’s The Difference?

Why is it important to understand ownership titles?

Understanding the different types of ownership titles for apartments is crucial because it determines the extent of your ownership rights and responsibilities. Each type of ownership title comes with its own set of rules, regulations, and costs that can significantly affect the value and maintenance of your property.

It can also impact your ability to sell or transfer ownership of the property, as some types of ownership titles are easier to sell than others. Therefore, it is essential to have a good understanding of the ownership title of your apartment before making a purchase.

Read More
Don't Overlook The Front Fence!

The white picket fence has definitely seen some changes in the last decade, and we’re here for it. Changes to the material used, the design, the height, the functionality and also the look and feel of the mailbox and house numbers.

Why is this important? It can keep some of our most prized possessions from wandering off (children and pets!), it can act as a privacy screen and security measure, and it also enhances the aesthetics of the facade of the house and front garden landscaping.

Read More
Multigenerational Living

What is multigenerational living?

It’s where at least two generations of adults are living in one property, which is commonly seen when ageing parents move in with adult offspring.

The Australian Bureau of Statistics (ABS) provided new data to the ABC on households containing three generations. It showed a small increase in three generational living arrangements over recent years, from 275,000 in 2016 to 335,000 in 2021.

Read More
4 Lessons To Learn From This 70’s Reno And 4 Things We May Have Done Differently.

We are the first to spruik the ugly duckling with good bones and a view to add value through renovations down the track. There are many reasons for this, you can do the work to your personal taste and ensure you’re spending a dollar to make 3 just to name a few.

However these conversations always come with a few caveats, some are depicted in this gorgeous Rockley Road apartment… Which we must confess still sold well, despite the laundry being in the walk in robe!!!

Read More
Asbestos - your questions answered

Asbestos…. feels like a scary word… particularly for those who are filled with flashbacks of ads with people on breathing apparatus showing the negative effects of asbestos exposure. Unfortunately, it was a common building material until around the mid 80s, so the likelihood of it having been used to build the house you are renting or looking to buy is very high.

Read More
Has ‘Gas’ In The Home Had Its Day?

Back in the ‘old days’ it used to be a major selling point that your 70’s flat had gas connected and a gas cooktop burner. Technology was lagging and everyone hated the electric hot plates that took forever to heat up and cool down. Even that pesky hot water system that ran out too quickly or dodgy wall heater that contributed to 95% of the electricity bills.

Well times are a changin’!

Read More
Passive House Design

This is a concept you may come across if sustainability is important in your renovation or new build. "Passive house" (German: Passivhaus) is a voluntary standard for energy efficiency in a building, which reduces the building's ecological footprint. It results in ultra-low energy buildings that require little energy for space heating or cooling.

It is the practice of taking note of the local climate and site conditions and making sure your home design maximises the benefits these can offer to create a comfortable internal environment.

Read More
Solar Panels. Yay or Nay?

Let’s explore some commonly asked questions.

We’re often asked by clients about home improvements, and what will add the most value to their home.. Even in 2023, installing solar panels on your property will not make a measurable difference to how much people will pay for the home. Buyers do see them as an added benefit, but not necessarily a deal maker or breaker.

Read More
5 Tips To Reign In The Renovation Budget

We’ve all heard about the rising cost of building and renovating.. So we wanted to give you some tips to curb the inevitable increase in the cost of your reno. Whether what you wanted 2 years ago when you first started planning has now risen just out of reach or you’ve just got champagne taste on a beer budget, we've got a few tips for you.

Read More
What can you buy for $600k in Melbourne?

You’ve been saving for a while now, you've spoken to a finance professional, and they’ve said you can buy a house for around $600k. Well done! You should be really proud of yourself!

In this blog we’re going to show you a few areas and property types which we deem to be good investment options. We will also show you an example of a recently sold property that reflects what we would consider to be good real estate.

Read More
Easements… Who? What? Why?

If you’re looking to buy a house, townhouse or courtyard apartment it’s important to understand what easements are and how they might affect the value or usability of the land you’re purchasing.

What is an easement?

The legal definition of an easement is ‘the right to cross or otherwise use a portion of someone else’s land’. Most commonly easements are in place to allow access to waterways, and pipes relating to common sewage lines.

Read More
How To Avoid Capital Gains Tax

Firstly, what is Capital gains tax (AKA CGT)... It is a levy you are obliged to pay on the capital gain made from the sale of an asset.

A capital gain (or loss) is the difference between what you paid for an asset and what you sold it for (less any fees incurred during the purchase). So, if you sell a property for more than you paid for it, there will be a capital gain. And if you sell it for less, that is considered a capital loss.

Read More