Believe it or not, there are 10,879,349 individual dwellings in Australia according to the latest data released by ABS, for the year ending 30 June 2022. Their figures showed that Australia’s dwelling stock grew by 146,931 dwellings (1.4%) over the last year. Interestingly the growth in new medium density dwellings was greater than the…
Are you planning to sell your home this year? I bet you want the best price you can get, bit it’s no easy task to set the price for your home, which is probably your most valuable asset. It is likely you will think your home is worth a mint and the estate agent will…
Are you thinking of selling a property? Now you may think your home is wonderful — and I am sure it is — but if you wish to stand out in a crowd and present a polished façade you need to tick some boxes along the way. By this I mean spending a bit of money (where…
Aussies spent more on home renovations last year than in any other period since the 1970s. In fact, according to Australian Bureau of Statistics building approvals data, the value of alterations and additions approved hit a staggering $12.49 billion in 2021, surging 35% compared to the year before. In a recent Article, Eleanor Creagh, Senior…
The cost of building a new home continues to soar! CoreLogic’s Cordell Construction Cost Index (CCCI) for Quarter 3 of 2022 showed national residential construction costs increased at a record rate in the year to September 2022, the highest annual growth rate, excluding the period impacted by the introduction of the GST (10.2% over the…
Buyers are in an excellent position when it comes to negotiating a private treaty sale – but what about properties for sale by auction? Should you wait patiently until the big day, fingers crossed and ready to bid? Or should you take the plunge and make a pre-auction offer, in the hope that you’ll save…
I know that many property investors are a little intimidated by the thought of bidding for a property at auction. I can understand why because auctions are an emotional and exciting event. And even after bidding at hundreds and hundreds of auctions, I must admit I still get that surge of adrenaline every time I…
It happens every year. The TV show “The Block” inspires a new wave of investors keen to get involved in renovating and “flipping’ properties. Just to make things clear “flipping” is where you purchase a property and then sell it within a short period of time for a higher price, usually having added value…
When a purchaser gets involved in negotiating for a property they’ve fallen in love with, emotions can rule logic. It’s easy to get caught in the moment and end up paying more than you perhaps should. As either a home buyer or a property investor, it’s critical not to get carried away by your emotions,…
When you buy or sell your house or an investment property, there is an unexpected surprise that is thrown in for free. It’s called buyer’s or seller’s remorse. Call it a lingering feeling, but it can throw shadows of self-doubt which drag down the overwhelming relief and excitement of making a brilliant purchase or sale….
