You’ve found the ideal new home – a beautiful established terrace and then comes the shock. The building and pest inspection reveal rising damp. Rising damp is when moisture from under the house gets into the internal walls. So what should you do? You’ll often be able to tell a home has rising damp when…
Many of our property markets have been improving recently. The sense that interest rates are near their peak and that inflation is coming under control has helped motivate people to buy and sell their property after a period of waiting cautiously on the sidelines. While we are a long way off markets booming but sellers…
In today’s changing property market where there are fewer good properties for sale than there are buyers, there are some who may wonder what are the benefits of hiring a real estate professional to help them in their home search. Other homebuyers figure that in today’s fast-paced world, where answers are a Google search away, and…
Does Australians’ perception of the ideal family home change? Well, according to recent research commissioned by ING, Australian families are increasingly valuing convenience and smaller, low-maintenance homes as they reassess their priorities in light of rising living costs and the gradual recovery from the pandemic. Aussie families prefer properties in a 20-minute neighbourhood The study…
There are many good reasons to own the roof over your head, but there are some tradeoffs as well. With the added control comes a laundry list of responsibilities. The stability of staying put often means a loss of flexibility and with the opportunity to build equity comes some financial responsibilities. So let’s look at…
They say men are from Mars and women are from Venus, and it’s certainly true that when it comes to securing their financial future, the two sexes are worlds apart. While men seemingly have little difficulty pursuing wealth and success, societal norms and distorted perceptions often see women taking a backseat in this arena, to…
What are your priorities to consider when moving home? Well, new research by NRMA Insurance has found that Australians relocating prioritise researching local coffee shops and dining options over checking the potential risks of wild weather to their safety and property. The latest edition of the NRMA Insurance Wild Weather Tracker revealed that only 26%…
Buying your first home is a significant milestone that requires careful planning and preparation. For most people, it’s the biggest financial decision they’ll ever make. With so much at stake, it’s essential to have a good understanding of the property market and the home-buying process. Here are 9 things every first home buyer needs to…
The combination of declining property prices, greater interest rates on savings, and rising wages have resulted in a shorter duration for a couple to save up for an entry-level deposit in Australia. In fact, the latest data from Domain’s annual First Home Buyer Report revealed that first-home buyers’ time to save for a house deposit…
According to to Compare the Market, purchasing a first home is a significant objective for numerous young individuals. However, achieving this goal may require some form of sacrifice. To explore this further, they surveyed over 3,000 Australians, Americans, and Canadians about their living arrangements and the compromises they would be willing to make to secure…